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An update from NioCorp Developments ( (NB) ) is now available.
NioCorp Developments Ltd. announced the passing of Michael Morris, a long-serving board member who contributed significantly to the company’s strategic planning and governance. In response to this loss, Dean Kehler has been appointed to the Audit Committee, ensuring continuity in the company’s leadership and operations.
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 the Elk Creek Project, which is anticipated to produce niobium, scandium, and titanium. The company is also exploring the potential to produce rare earth elements from this project. Niobium is used in specialty alloys and high-strength steel for automotive and structural applications. Scandium is used in alloys and fuel cells, while titanium is utilized in lightweight alloys and pigments. Rare earths like neodymium and dysprosium are essential for making magnets used in various applications.
Average Trading Volume: 1,370,804
Technical Sentiment Signal: Buy
Current Market Cap: $186.1M
See more data about NB stock on TipRanks’ Stock Analysis page.