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An announcement from NioCorp Developments ( (NB) ) is now available.
NioCorp Developments Ltd. announced positive assay results from the second diamond drill hole of its Elk Creek Project in Southeast Nebraska. The results confirmed the continuity and grade distribution within the deposit, with several intervals showing higher-than-expected assay grades. This drilling program supports the conversion of indicated mineral resources into measured mineral resources and probable mineral reserves into proven mineral reserves, with additional results expected by the end of 2025.
The most recent analyst rating on (NB) stock is a Buy with a $15.00 price target. To see the full list of analyst forecasts on NioCorp Developments stock, see the NB Stock Forecast page.
More about NioCorp Developments
NioCorp Developments Ltd. is a leading U.S. critical minerals developer focused on the extraction and development of critical minerals. The company is primarily engaged in the Elk Creek Project in Southeast Nebraska, which aims to produce essential minerals such as niobium, scandium, and titanium.
Average Trading Volume: 8,482,316
Technical Sentiment Signal: Strong Buy
Current Market Cap: $703.7M
See more data about NB stock on TipRanks’ Stock Analysis page.