NioCorp Developments Ltd.

NioCorp Developments Ltd.verified

NB

Price:

$1.42

Market Cap:

$60.37M

NioCorp Developments Ltd. engages in the exploration and development of mineral deposits in North America. It owns and develops the Elk Creek niobium/scandium/titanium project that owns one 226.43-acre parcel of land and associated mineral rights, and an additional 40 acres of mineral rights, as well as an optioned land package that covers an area of 1,396 acres located in Johnson County, southeast Nebraska. The company was formerly known as Quantum Rare Earth Developments Corp. and changed its name to NioCorp Developments Ltd. in March 2013. NioCorp Developments Ltd. was incorporated in 1987 and is headquartered in Centennial, Colorado.[Read more]

Industry

Industrial Materials

IPO Date

2023-03-21

Stock Exchange

NASDAQ

Ticker

NB

The Current Ratio as of December 2024 (TTM) for NioCorp Developments Ltd. (NB) is 0.15

According to NioCorp Developments Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 0.15. This represents a change of 10.50% compared to the average of 0.13 of the last 4 quarters.

NioCorp Developments Ltd. (NB) Historical Current Ratio (quarterly & annually)

How has NB Current Ratio performed in the past?

The mean historical Current Ratio of NioCorp Developments Ltd. over the last ten years is 0.68. The current 0.15 Current Ratio has changed 2.07% with respect to the historical average. Over the past ten years (40 quarters), NB's Current Ratio was at its highest in in the September 2021 quarter at 2.22. The Current Ratio was at its lowest in in the March 2020 quarter at 0.01.

Quarterly (TTM)
Annual

Average

0.68

Median

0.19

Minimum

0.04

Maximum

2.00

NioCorp Developments Ltd. (NB) Current Ratio by Quarter and Year

Discovering the peaks and valleys of NioCorp Developments Ltd. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 4.34%

Maximum Annual Current Ratio = 2.00

Minimum Annual Increase = -94.95%

Minimum Annual Current Ratio = 0.04

Quarterly (TTM)
Annual
YearCurrent RatioChange
20240.24-76.60%
20231.05-6.70%
20221.12-40.16%
20211.874.34%
20200.04-48.54%
20190.08-42.98%
20180.1442.27%
20170.10-94.95%
20162.001.49%
20150.13-92.05%

NioCorp Developments Ltd. (NB) Average Current Ratio

How has NB Current Ratio performed in the past?

The current Current Ratio of NioCorp Developments Ltd. (NB) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

0.80

5-year avg

0.87

10-year avg

0.68

NioCorp Developments Ltd. (NB) Current Ratio vs. Peers

How is NB’s Current Ratio compared to its peers?

NioCorp Developments Ltd.’s Current Ratio is

CompanyCurrent RatioMarket cap

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