NioCorp Developments Ltd. (NASDAQ:NB) Given Average Recommendation of “Hold” by Brokerages

Posted by Stanley Muller on Sep 3rd, 2026

NioCorp Developments Ltd. (NASDAQ:NB – Get Free Report) has been given an average recommendation of “Hold” by the six brokerages that are covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and three have assigned a buy rating to the company. The average 1-year target price among brokerages that have covered the stock in the last year is $8.85.

Several equities research analysts have recently weighed in on NB shares. B. Riley Financial started coverage on NioCorp Developments in a research report on Tuesday, June 9th. They set a “buy” rating and a $12.00 target price on the stock. Wall Street Zen cut shares of NioCorp Developments from a “hold” rating to a “sell” rating in a report on Saturday, July 4th. Jefferies Financial Group began coverage on shares of NioCorp Developments in a research report on Wednesday. They set a “hold” rating and a $4.70 price objective for the company. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of NioCorp Developments in a research report on Friday, July 17th. Finally, HC Wainwright reissued a “buy” rating on shares of NioCorp Developments in a research report on Wednesday, July 15th.

Read Our Latest Research Report on NB

NioCorp Developments Price Performance

NioCorp Developments stock opened at $4.14 on Friday. The stock has a market cap of $602.74 million, a PE ratio of -6.09 and a beta of 0.25. The stock’s fifty day moving average is $4.57 and its two-hundred day moving average is $5.06. NioCorp Developments has a 1-year low of $3.82 and a 1-year high of $12.58.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the company. Sound Income Strategies LLC purchased a new stake in NioCorp Developments in the first quarter valued at approximately $25,000. Russell Investments Group Ltd. purchased a new position in shares of NioCorp Developments during the third quarter worth approximately $40,000. Pittenger & Anderson Inc. increased its holdings in shares of NioCorp Developments by 74.6% in the 4th quarter. Pittenger & Anderson Inc. now owns 7,665 shares of the company’s stock valued at $41,000 after acquiring an additional 3,275 shares during the period. Maltin Wealth Management Inc. acquired a new stake in NioCorp Developments during the 1st quarter worth $45,000. Finally, The Manufacturers Life Insurance Company acquired a new position in NioCorp Developments in the second quarter valued at $46,000. Hedge funds and other institutional investors own 4.03% of the company’s stock.

NioCorp Developments Company Profile

(Get Free Report)

NioCorp Developments Ltd is a North American critical minerals development company focused on advancing its flagship Elk Creek Critical Minerals Project in southeastern Nebraska. The company’s primary business activity centers on the exploration, evaluation and development of a polymetallic deposit that hosts significant quantities of niobium, scandium and titanium. Through metallurgical testing and prefeasibility studies, NioCorp aims to produce high-purity ferroniobium, high-purity titanium dioxide slag and scandium oxide for industrial, aerospace and clean-energy applications.

At the heart of NioCorp’s operations is the Elk Creek project, where the company holds surface rights and mineral leases across approximately 7,100 acres of land.