NioCorp Average Inventory from 2010 to 2026

NB Stock   5.97  0.70  10.49%   
NioCorp Developments' Average Inventory is decreasing over the years with slightly volatile fluctuation. Average Inventory is expected to dwindle to 0.40. Average Inventory is the average amount of inventory NioCorp Developments Ltd holds over a certain period, which is used to calculate inventory turnover and efficiency in managing stock levels. View All Fundamentals
 
Average Inventory  
First Reported
2010-12-31
Previous Quarter
0.45
Current Value
0.4
Quarterly Volatility
0.02642955
 
Credit Downgrade
 
Yuan Drop
 
Covid
 
Interest Hikes
Check NioCorp Developments financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among NioCorp Developments' main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.6 K, Interest Expense of 52.4 K or Selling General Administrative of 2.6 M, as well as many indicators such as Price To Sales Ratio of 561, Dividend Yield of 0.0 or PTB Ratio of 3.5. NioCorp financial statements analysis is a perfect complement when working with NioCorp Developments Valuation or Volatility modules.
  
Build AI portfolio with NioCorp Stock
Check out the analysis of NioCorp Developments Correlation against competitors.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Check out the analysis of NioCorp Developments Correlation against competitors.
You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Is Diversified Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of NioCorp Developments. Anticipated expansion of NioCorp directly elevates investor willingness to pay premium valuations. The financial industry is built on trying to define current growth potential and future valuation accurately. Comprehensive NioCorp Developments assessment requires weighing all these inputs, though not all factors influence outcomes equally.
Earnings Share
(0.84)
Return On Assets
(0.13)
Return On Equity
(0.76)
NioCorp Developments's market price often diverges from its book value, the accounting figure shown on NioCorp's balance sheet. Smart investors calculate NioCorp Developments' intrinsic value - its true economic worth - which may differ significantly from both market price and book value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Since NioCorp Developments' trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
It's important to distinguish between NioCorp Developments' intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding NioCorp Developments should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. However, NioCorp Developments' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.