NioCorp Developments Ltd is engaged in exploration and development of mineral deposits in North America, specifically, the Company’s niobium, scandium, and titanium project (the Elk Creek Project) located in southeastern Nebraska. The Company also is evaluating the potential to produce several rare earths from the Elk Creek Project. The Elk Creek Project is located near Elk Creek, Nebraska. The project is a shovel-ready pure-play critical minerals project with the highest-grade Niobium resource in North America. The Project is located here approximately 105 kilometers (km) (65 miles) southeast of Lincoln, Nebraska (the state capital); 129 km (80 miles) south of Omaha, Nebraska, three miles west of Elk Creek, Nebraska and six miles south of Tecumseh, Nebraska.
Overvalued
The company’s latest PB is 33.08, at a high 3-year percentile range.
Institutional Buying
The latest institutional holdings are 8.36M shares, increasing 14.52% quarter-over-quarter.
Held by The Vanguard
Star Investor The Vanguard holds 2.09M shares of this stock.
Higher Market Activity
The company has more investor interest, with a 20-day turnover ratio of 7.08.