NioCorp Developments Ltd. (NASDAQ:NIOBW – Get Free Report)’s stock price fell 24.4% during trading on Thursday. The company traded as low as $0.5401 and last traded at $0.5750. 15,320 shares were traded during mid-day trading, a decline of 17% from the average session volume of 18,531 shares. The stock had previously closed at $0.7601.
NioCorp Developments Price Performance
The company has a 50-day moving average of $1.11 and a 200 day moving average of $1.45.
NioCorp Developments Company Profile
NioCorp Developments Ltd. is a mineral development company focused on advancing the Elk Creek Critical Minerals Project in southeastern Nebraska. The project is designed to produce niobium, scandium and titanium, along with several rare earth elements, including dysprosium and terbium, from a single polymetallic resource.
NioCorp’s planned products are intended for use in applications such as advanced alloys, aerospace and defense equipment, electric vehicles, permanent magnets, and other technologies that rely on critical minerals.
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