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Upturn AI Summary - About
NioCorp Developments Ltd. Common Stock(NB)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Advisory Performance History (Simulated)
Upturn Advisory & Investor View for NB
09/25/2026: NB (1-star) is currently NOT-A-BUY. Pass it for now.
NioCorp Developments Ltd. is a pre-revenue mining company focused on developing its Elk Creek project in Nebraska, which contains deposits of niobium, scandium, and titanium. The company's primary strength is the strategic location of its U.S. asset, which potentially positions it as a beneficiary of domestic critical mineral supply chain incentives. Its investment story revolves entirely around successfully financing and constructing a large-scale mine, a process that carries significant execution and capital risks. Investors should monitor project financing developments, regulatory permitting milestones, and any secured off-take agreements. The stock is best suited for risk-tolerant investors looking for long-term exposure to the critical minerals industry rather than income-seeking participants.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
Company fundamentals, valuation, risks, and news provide supporting context about the business.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Mixed fit | This is a speculative growth play on the future production of critical minerals. |
| Momentum investor | Mixed fit | Momentum interest is tied to project updates or government policy shifts regarding domestic supply. |
| Value investor | Weak fit | The company lacks current earnings or assets generating cash flow, making traditional value metrics inapplicable. |
| Dividend investor | Weak fit | The company does not pay dividends and requires significant capital to reach production. |
| Low-risk investor | Weak fit | The speculative, high-risk nature of mineral development is unsuitable for low-risk portfolios. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | High | Commodity price fluctuations directly impact the future project economics. |
| Valuation risk | High | Valuations are highly speculative and depend on future production and debt servicing. |
| Competition risk (Global Miners) | Medium / high | Established players have massive scale and cost advantages. |
| Business quality | Low | The business is currently in the development phase, lacking operational history. |
| Dividend income | Low / none | The company does not generate the cash flow required for dividends. |
| Execution risk | High | Successfully building a mine involves complex engineering and regulatory risks. |
Price Behavior

Steep Decline
The stock price has dropped sharply with strong downward pressure.

Highly Choppy
The stock has experienced frequent, large price swings that make its near-term movement less predictable.
Analysis of Past Performance
Type Stock | Historic Profit -73.33% | Avg. Invested days 15 | Today’s Advisory PASS |
Upturn Advisory Rating ![]() | Upturn Advisory Performance | Stock Returns Performance |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals 
Financial Health Rating 
Growth Momentum Score 
Ownership 
Top 5 Institutional Investors
Unit Economics (Per $1K Revenue) 
Economic Dimensions
Quantitative Style Profile 
Style Classification
Quality Focused
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 515.38M USD | Price to earnings Ratio - | 1Y Target Price 11.12 |
Price to earnings Ratio - | 1Y Target Price 11.12 | ||
Volume (30-day avg) 2.6M shares | Beta 0.22 | 52 Weeks Range 3.40 - 12.58 | Updated Date 09/25/2026 |
52 Weeks Range 3.40 - 12.58 | Updated Date 09/25/2026 | ||
Dividends yield (FY) - | Basic EPS (TTM) -0.58 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Elk Creek Project (Future) | Planned production and sale of Niobium, Scandium, and Titanium. | The company expects to generate revenue only after it successfully constructs and starts operating its mining project. |
Valuation
Trailing PE - | Forward PE - | Enterprise Value 124.22M | Price to Sales(TTM) - |
Enterprise Value 124.22M | Price to Sales(TTM) - | ||
Enterprise Value to Revenue - | Enterprise Value to EBITDA -3.3 | Shares Outstanding 145.59M | Shares Floating 142.25M |
Shares Outstanding 145.59M | Shares Floating 142.25M | ||
Percent Insiders 2.25 | Percent Institutions 35.48 |
Upturn AI Summary
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.
Net Income (Profit)
Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.
Free Cash Flow (Cash Strength)
Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.
📈 Growth & Strength
Operating Income (Core Profit)
Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.
EBITDA (Cash Earnings)
Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.
Gross Profit (Unit Profitability)
Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.
🛡️ Financial Safety
Cash (Liquidity Buffer)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.
Net Working Capital (Short-Term Health)
Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.
🧱 Balance Sheet Strength
Stockholder Equity (Net Worth)
Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.
Total Assets (Asset Base)
The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.
Income Before Tax (Pre-Tax Earnings)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.
Total Operating Expenses (Operating Cost)
Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.
Income Tax Expense (Tax Drag)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.
About NioCorp Developments Ltd. Common Stock
Exchange NASDAQ | Headquarters Centennial, CO, United States | ||
IPO Launch date 2023-03-21 | Executive Chairman, President & CEO Mr. Mark Allan Smith Esq., J.D., P.E. | ||
Sector Basic Materials | Industry Other Industrial Metals & Mining | Full time employees 7 | Website https://www.niocorp.com |
Full time employees 7 | Website https://www.niocorp.com | ||
NioCorp Developments Ltd. engages in the exploration and development of mineral deposits in North America. Its principal mineral property is the Elk Creek niobium, scandium, and titanium project that consists of 227 acres parcel of land and associated mineral rights, and an additional 80 acres of surface rights and 40 acres of mineral rights, as well as an optioned land package that covers an area of 1,272 acres located in Johnson County, southeast Nebraska. The company is also involved in the research and development of aluminum-scandium alloys and other business. 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.

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