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NioCorp Developments ( (NB) ) just unveiled an announcement.
NioCorp Developments Ltd. has appointed Ernest M. Cleave as the Senior Vice President of Business Development. With over 20 years of experience in the mining and energy sectors, Cleave is expected to lead the company’s efforts towards securing project financing and advancing the construction of the Elk Creek Critical Minerals Project in Nebraska. This strategic hire is anticipated to strengthen NioCorp’s position in the critical minerals market and support its expansion goals.
The most recent analyst rating on (NB) stock is a Buy with a $4.00 price target. To see the full list of analyst forecasts on NioCorp Developments stock, see the NB Stock Forecast page.
More about NioCorp Developments
NioCorp Developments Ltd. is engaged in developing a critical minerals project in Southeast Nebraska, known as the Elk Creek Project, which aims to produce niobium, scandium, and titanium. The company is also exploring the potential to produce rare earth elements from this project. These minerals are crucial for various applications, including specialty alloys, high-strength steel, aerospace, and advanced fuel cells.
Average Trading Volume: 2,687,656
Technical Sentiment Signal: Hold
Current Market Cap: $316M
For an in-depth examination of NB stock, go to TipRanks’ Overview page.