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NioCorp Developments ( (NB) ) just unveiled an announcement.
NioCorp Developments Ltd. announced that its Executive Chairman and CEO, Mark A. Smith, will participate in the Morgan Stanley National Security & Critical Materials Symposium. The event will focus on the U.S. national security and critical materials supply chains, with Smith highlighting the Elk Creek Project’s potential to enhance U.S. production of critical minerals. This participation underscores NioCorp’s strategic positioning in the critical minerals sector and its commitment to advancing the Elk Creek Project, which could have significant implications for stakeholders and the broader industry.
The most recent analyst rating on (NB) stock is a Buy with a $15.00 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 a leading U.S. critical minerals developer focused on the Elk Creek Project, which aims to produce niobium, scandium, and titanium. The company is also exploring the potential production of rare earth elements. Niobium is used in specialty alloys and high-strength steel, scandium in aluminum alloys and fuel cells, and titanium in lightweight alloys and pigments. Rare earths like neodymium are essential for magnets used in various applications.
Average Trading Volume: 8,159,047
Technical Sentiment Signal: Strong Buy
Current Market Cap: $703.2M
For detailed information about NB stock, go to TipRanks’ Stock Analysis page.