NioCorp Developments Ltd.
NBBasic MaterialsNASDAQOther Industrial Metals & Mining · Last scanned Jul 18, 2026
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Daily timeframeNioCorp Developments Ltd. engages in the exploration and development of mineral deposits in North America. The $620.2M market capitalization puts NB squarely in small-cap range for its industry. 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.
Market Cap
$620.2M
Beta
0.17
P/E (TTM)
—
P/E (Fwd)
-17.51
EPS (TTM)
$-0.56
EPS (Fwd)
$-0.24
ROE
-24.5%
ROA
-8.7%
Cash
$419.2M
Total Debt
$379,000
Free CF
-$28.1M
52W Change
34.6%
Annual Financials
Cash vs Debt
NioCorp Developments Ltd. holds $419.2M in cash against $379K in total debt, giving it a net cash position. This means the company could theoretically pay off all its debt and still have cash remaining. The company is burning cash, with free cash flow at -$28.1M. This typically occurs when a company is investing aggressively in growth, but sustained cash burn can strain the balance sheet. ROE of -24.5% points to negative capital efficiency, indicating how much profit the company produces per dollar of shareholder equity.
NB's low beta indicates it tends to be less volatile than the broader market, which may suit investors seeking more stable price behavior. The strong cash position relative to debt provides a financial cushion that reduces balance sheet risk. Negative free cash flow means the company is currently spending more than it generates, which may require future fundraising or debt if the trend continues. These risk factors are not exhaustive — macroeconomic shifts, regulatory changes, and competitive dynamics can all influence NioCorp Developments Ltd.'s trajectory.