H.C. Wainwright raised the firm’s price target on NioCorp (NB) to $11.25 from $9.50 and keeps a Buy rating on the shares after the company released the final assays from its drilling campaign at Elk Creek. The firm says NioCorp’s 2025 drilling results “represent a major de-risking event.”
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Read More on NB:
- NioCorp Developments: Improved Elk Creek Economics, De-Risked Project Profile, and Mine Portal Approval Drive Higher $11.25 Target and Reiterated Buy Rating
- NioCorp Finalizes Elk Creek Drilling Assays, Bolstering Resource Update and Financing Efforts
- NioCorp reports assay results from Elk Creek drilling program
- NioCorp Posts Record Cash as Elk Creek Project Advances Despite Higher Adjusted Losses
- NioCorp initiated with a Buy at Freedom Capital