Niocorp Developments Ltd Stock Number Of Shares Shorted
| NIOBW Stock | 0.1 0.01 13.64% |
NioCorp Developments Ltd fundamentals help investors to digest information that contributes to NioCorp Developments' financial success or failures. It also enables traders to predict the movement of NioCorp Stock. The fundamental analysis module provides a way to measure NioCorp Developments' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to NioCorp Developments stock.
NioCorp |
NioCorp Developments Ltd Company Number Of Shares Shorted Analysis
NioCorp Developments' Number of Shares Shorted is the total amount of shares that are currently sold short by investors. When a stock is sold short, the short seller assumes the responsibility of repurchasing the stock at a lower price. The speculator will make money if the stock goes down in price or will experience a loss if the stock price goes up.
More About Number Of Shares Shorted | All Equity Analysis
Shares Shorted | = | Shorted by Public | + | by Institutions |
Current NioCorp Developments Number Of Shares Shorted | 38.52 K |
Most of NioCorp Developments' fundamental indicators, such as Number Of Shares Shorted, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, NioCorp Developments Ltd is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
If a large number of investors decide to short sell an equity instrument within a small period of time, their combined action can significantly affect the price of the stock.
| Competition |
Based on the recorded statements, NioCorp Developments Ltd has 38.52 K of outstending shares currently sold short by investors. This is 98.81% lower than that of the Metals & Mining sector and significantly higher than that of the Materials industry. The number of shares shorted for all United States stocks is 99.18% higher than that of the company.
NioCorp Number Of Shares Shorted Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses NioCorp Developments' direct or indirect competition against its Number Of Shares Shorted to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of NioCorp Developments could also be used in its relative valuation, which is a method of valuing NioCorp Developments by comparing valuation metrics of similar companies.NioCorp Developments is currently under evaluation in number of shares shorted category among its peers.
NioCorp Fundamentals
| Number Of Shares Shorted | 38.52 K | ||||
| EBITDA | (8.02 M) | ||||
| Net Income | (11.44 M) | ||||
| Total Debt | 7.66 M | ||||
| Cash Flow From Operations | (11.73 M) | ||||
| Total Asset | 20.07 M | ||||
| Retained Earnings | (161.91 M) | ||||
| Working Capital | (9.04 M) | ||||
| Net Asset | 20.07 M |
About NioCorp Developments Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze NioCorp Developments Ltd's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of NioCorp Developments using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of NioCorp Developments Ltd based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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When running NioCorp Developments' price analysis, check to measure NioCorp Developments' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy NioCorp Developments is operating at the current time. Most of NioCorp Developments' value examination focuses on studying past and present price action to predict the probability of NioCorp Developments' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NioCorp Developments' price. Additionally, you may evaluate how the addition of NioCorp Developments to your portfolios can decrease your overall portfolio volatility.