NB · NASDAQ · Industrial Materials

NioCorp Developments

Advancing Elk Creek for planned niobium, scandium, titanium, and potential rare-earth products.

$4.22
After-hours close+0.09 (+2.29%)
At close$4.13(−5.61%)
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Profile

NioCorp Developments Ltd.NBMaterials

Develops the Elk Creek critical-minerals project in southeast Nebraska, targeting planned niobium, scandium, titanium, and possible magnetic rare-earth products. The business has one U.S. operating segment, no current operating revenue, and depends on project financing, technical work, offtake, permitting, construction, and infrastructure execution.

Develops Elk Creek, a southeast Nebraska underground mine and processing project planned around ferroniobium and niobium products, scandium oxide and related forms, titanium products, and possible magnetic rare earths if technical and economic work supports them.

Operates through one United States segment focused on exploration, development, and care-and-maintenance activities at Elk Creek. Commercial production has not started, and the company reports no operating revenue from its properties.

Executes a financing-and-engineering agenda: project financing, EXIM due diligence, feasibility updates, offtake arrangements, and construction-readiness work. The business depends on securing full project financing, completing permitting and infrastructure steps, and moving Elk Creek from development-stage property to commercial operation.

Company facts

CEOMark A. Smith
ListedMar 21, 2023
ExchangeNASDAQ
HeadquartersCentennial, CO
CountryUnited States
Employees7
CIK0001512228
ISINCA6544846091

Key statistics

Market cap$601.3M
EPS (ttm)−$0.7178
P/E (ttm)−5.75
ROE-21.4%
P/B1.25
P/S0.00
Dividend yield
Beta3.11vs XLB 0.42

Year to date −30.7% · Average volume (30d) 3.5M

Analysts

Price target, next 12 months$10.00+142.1%Median of 2 analysts · vs the Aug 28 close
ConsensusBuy2 of 2 analysts rate it buy or better

Ratings

Target range

Latest analyst notes

DateFirmActionPrior targetTarget
Apr 9, 2026H.C. WainwrightTarget$11.25$10
Jan 12, 2026H.C. WainwrightTarget$9.50$11.25
Jan 7, 2026Loop Capital MarketsTarget$8.70
Dec 8, 2025H.C. WainwrightTarget$9.50

Earnings

EPS

Estimate−$0.02
Reported−$0.020.0%

Revenue

Estimate
Reported

History

Report dateEPS estEPSSurpriseRevenue estRevenueSurpriseNext session
May 14, 2026Q3 FY26−$0.02−$0.020.0%−6.83%
Feb 6, 2026Q2 FY26−$0.05−$0.050.0%+4.86%
Nov 13, 2025Q1 FY26−$0.09−$0.11−22.2%+8.29%
Sep 11, 2025Q4 FY25−$0.17−$0.20−17.3%+11.16%
View details

Financial highlights

12 quartersQ2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26
Revenue$0$0$0$0$0$0
Gross profit$0$0$0−$1.0K$0−$154.0K
Operating income−$2.9M−$2.6M−$5.1M−$12.0M−$9.5M−$7.3M
Net income−$450.0K−$5.3M−$9.6M−$40.0M−$623.0K$669.0K
Diluted EPS−$0.01−$0.13−$0.19−$0.53−$0.00$0.01
Gross margin
Operating margin

Fiscal years (4-quarter sums)FY21 $0 · FY22 $0 · FY23 $0 · FY24 $0 · FY25 $0

Balance sheet, Mar 31, 2026Cash & short-term investments $421.3M · Total debt $379.0K · Total assets $469.0M · Shareholders' equity $435.4M

Dividends

No dividends on record.

Ownership

Institutions 34.14%49.70M sharesInsiders 1.91%2.79M sharesOther 63.95%93.10M shares

Shares outstanding 145.59M · Float 142.25M · 97.7% free float

Top shareholders13F · 13D/G · Form 4

HolderShares% outstandingFormFiled
BlackRock, Inc.9.01M6.20%13GJul 29, 2026
Brevan Howard Capital Management LP7.08M4.86%13FAug 14, 2026
State Street Corp2.50M1.72%13FAug 7, 2026
Mark A. Smith · director, officer: President & CEO2.32M1.59%Form 4Dec 15, 2025
Private Management Group Inc2.15M1.47%13FJul 31, 2026

Insider tradesForm 4

No open-market trades in the last 12 months.

View details

Peers

  • MP Materials

    U.S. rare-earth producer and magnetics peer

  • Rio Tinto (ADR)

    Scandium and titanium feedstock incumbent

  • Energy Fuels

    U.S.-based rare-earth and mineral-sands supply-chain peer

  • Tronox

    Vertically integrated titanium dioxide producer

  • USA Rare Earth

    Emerging U.S. rare-earth mine-to-magnet developer

CompareAfter-hours close

CompanyPriceChange
NioCorp Developments$4.22+2.29%$601.3M
MP Materials$56.28+0.23%$9.99B173.832.7+89.0%
Rio Tinto (ADR)$103.71+0.37%$167.86B13.92.7+14.5%
Energy Fuels$14.69+0.14%$3.67B34.7+496.1%
Tronox$5.50+2.04%$861.4M0.3+18.7%
USA Rare Earth$18.04+0.22%$2.39B181.3
Median13.9173.832.7+53.9%