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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)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for NB
10/26/2026: NB (1-star) is currently NOT-A-BUY. Pass it for now.
NioCorp Developments Ltd. is an exploration-stage mining company focused on developing its Elk Creek project in Nebraska, which contains vital deposits of niobium, scandium, and titanium. The company's main strength is the strategic importance of its project to U.S. domestic supply chains in aerospace and defense. Its primary growth opportunity lies in transitioning into production, supported by potential government assistance. However, investors face significant execution risks, as the company is not yet revenue-generating and requires substantial capital to begin construction. NioCorp may suit risk-tolerant investors looking for long-term critical mineral exposure, and progress toward financing and final construction decisions remain the key developments to monitor.
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 high-risk, high-reward play on future production rather than current growth. |
| Momentum investor | Weak fit | This stock is best suited for those monitoring specific project milestones rather than short-term price momentum. |
| Value investor | Weak fit | The lack of earnings and cash flow makes traditional value metrics inapplicable. |
| Dividend investor | Weak fit | The company does not pay dividends and is not expected to in the near future. |
| Low-risk investor | Weak fit | The development-stage nature of the company carries high volatility and risk of capital loss. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | High | Commodity price fluctuations directly impact the project's long-term economic viability. |
| Valuation risk | High | Speculative valuations can lead to sharp corrections if project milestones are delayed. |
| Competition risk (Critical minerals industry) | Medium / high | Competing global producers often benefit from established infrastructure and lower costs. |
| Business quality | Medium | The business relies entirely on the successful conversion of a single asset into a mine. |
| Dividend income | Low / none | Investors should not expect income, as all capital is reinvested. |
| Execution risk | High | Large-scale mine construction is complex and prone to cost overruns and technical delays. |
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 -56.23% | Avg. Invested days 12 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  1.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 10/26/2026 |
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 430.26M USD | Price to earnings Ratio - | 1Y Target Price 10.02 |
Price to earnings Ratio - | 1Y Target Price 10.02 | ||
Volume (30-day avg) 2.6M shares | Beta 0.15 | 52 Weeks Range 2.81 - 8.18 | Updated Date 10/25/2026 |
52 Weeks Range 2.81 - 8.18 | Updated Date 10/25/2026 | ||
Dividends yield (FY) - | Basic EPS (TTM) -0.41 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Mineral Development | Development of the Elk Creek project for niobium, scandium, and titanium extraction. | The company currently makes no money; it hopes to profit in the future by mining and selling industrial metals. |
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 145.85M | Shares Floating 142.51M |
Shares Outstanding 145.85M | Shares Floating 142.51M | ||
Percent Insiders 2.2 | Percent Institutions 35.01 |
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.
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