wagner
10 hours ago
York is through....
NioCorp Completes Payments Under the $8 Million
April 2024 Notes
NioCorpโs Balance Sheet is Now Clear of all Long-Term Debt
CENTENNIAL, Colo. February 10, 2025 โ NioCorp Developments Ltd. (NASDAQ: NB) (โNioCorpโ or the โCompanyโ), is pleased to announce that all remaining obligations under the original $8,000,000 aggregate principal amount of unsecured notes of NioCorp issued on April 12, 2024 (the โNotesโ) have been satisfied.
danieldeubank
1 day ago
NioCorp Developments Ltd. (NB) stock appears to have experienced a decline of 9.5 cents on the open today, February 12, 2025. Here are some factors that might contribute to this drop, based on the available web results:
1. **Market Sentiment and Volatility:**
- The stock has a short interest ratio of 9.3, with a recent increase of 66.91% in short interest, which indicates a significant shift towards a bearish outlook among some investors. This can lead to downward pressure on the stock price. Source: MarketBeat.
2. **Technical Analysis:**
- According to StockScan, the stock price for NB was expected to decrease by about 3.43% in the next 30 days from its last recorded price of $1.58, with an average analyst price target of $1.5258. This could reflect broader market or sector trends affecting the stock's performance.
3. **Recent News and Developments:**
- No specific news directly explaining the drop was found in the immediate context of February 12, 2025. However, general market reactions to news, such as the recent updates on funding or project developments, could influence stock price. For instance, NioCorp's engagement with JPMorgan Chase for project financing or the preliminary term sheet from EXIM for $800 million in debt might have mixed effects on investor confidence depending on how these are perceived. Source: StockTitan.
4. **Earnings and Financial Health:**
- The company's earnings date was set for February 11, 2025, which could lead to post-earnings adjustments in stock price based on the outcomes or investor expectations versus reality. Source: CNBC.
5. **Macro-Economic Factors:**
- Broader market conditions, sector performance (particularly in the materials sector), or changes in investor sentiment towards mining and critical minerals might also play a role. The stock's beta of 1.382 suggests it might be more volatile than the market, reacting more sharply to market movements. Source: Macroaxis.
Given these points, the 9.5-cent drop on the open could be attributed to a combination of increased short interest, market volatility, reactions to recent corporate news or financial updates, and broader sector or economic influences. However, without specific news on this exact day, these reasons are speculative based on available data trends. If you require more precise information, a direct market analysis or further news updates from the day might be necessary.
Truth and Transparency
3 days ago
I keep thinking that Mark Smith will eventually meet or even exceed the expectations of the project that he presents to shareholders. After 10 years at the helm, having witnessed so many failures, missed timelines, horrendous business deals, run off dilution, rewarding themselves with raises and bonuses after poor performanceโฆโฆI have come to the painful reality that Mark Smith never fails to disappoint.