Niocorp Developments Ltd Stock Analysis

NioCorp Stock Analysis Notes

The company recorded a loss per share of 0.27. NioCorp Developments had not issued any dividends in recent years. The entity had 1:10 split on the 21st of March 2023. To find out more about NioCorp Developments Ltd contact the company at 720 334 7066 or learn more at https://www.niocorp.com.

NioCorp Developments Investment Alerts

NioCorp Developments Thematic Classifications

NioCorp Market Capitalization

The company currently falls under 'Micro-Cap' category with a market capitalization of 57.82 M.

NioCorp Profitablity

Management Efficiency

NioCorp Developments has Return on Asset (ROA) of (0.4194) % which means that for every 100 dollars spent on asset, it generated a loss of $0.4194. This is way below average. Likewise, it shows a return on total equity (ROE) of (7.722) %, which implies that it produced no returns to current stockholders. NioCorp Developments' management efficiency ratios could be used to measure how well NioCorp Developments manages its routine affairs as well as how well it operates its assets and liabilities. As of November 22, 2024, Return On Tangible Assets is expected to decline to -0.6. In addition to that, Return On Capital Employed is expected to decline to -1.78. At present, NioCorp Developments' Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Total Current Assets is expected to grow to about 3.7 M, whereas Non Current Assets Total are forecasted to decline to about 16.5 M.

Technical Drivers

As of the 22nd of November, NioCorp Developments secures the Standard Deviation of 4.92, mean deviation of 3.54, and Risk Adjusted Performance of (0.08). In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of NioCorp Developments, as well as the relationship between them.

NioCorp Developments Price Movement Analysis

NioCorp Developments Insider Trading Activities

NioCorp Developments Predictive Daily Indicators

NioCorp Developments Forecast Models

NioCorp Developments' time-series forecasting models are one of many NioCorp Developments' stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary NioCorp Developments' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how NioCorp Developments prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling NioCorp shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as NioCorp Developments. By using and applying NioCorp Stock analysis, traders can create a robust methodology for identifying NioCorp entry and exit points for their positions.

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. NioCorp analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. NioCorp analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.

NioCorp Developments Ltd stock analysis indicators help investors evaluate how NioCorp Developments stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading NioCorp Developments shares will generate the highest return on investment. By understating and applying NioCorp Developments stock analysis, traders can identify NioCorp Developments position entry and exit signals to maximize returns.

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.