Virtu Financial LLC boosted its holdings in shares of NioCorp Developments Ltd. (NASDAQ:NB – Free Report) by 158.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 34,355 shares of the company’s stock after acquiring an additional 21,038 shares during the period. Virtu Financial LLC owned approximately 0.07% of NioCorp Developments worth $53,000 as of its most recent filing with the Securities and Exchange Commission.
NioCorp Developments Trading Down 4.8 %
Shares of NB opened at $1.97 on Tuesday. The stock has a market capitalization of $92.23 million, a price-to-earnings ratio of -2.56 and a beta of -0.32. The firm has a fifty day simple moving average of $2.11 and a 200 day simple moving average of $1.79. NioCorp Developments Ltd. has a 12 month low of $1.27 and a 12 month high of $4.00.
NioCorp Developments (NASDAQ:NB – Get Free Report) last released its earnings results on Tuesday, February 11th. The company reported ($0.01) earnings per share for the quarter, beating the consensus estimate of ($0.03) by $0.02. As a group, research analysts predict that NioCorp Developments Ltd. will post -0.34 earnings per share for the current fiscal year.
Wall Street Analysts Forecast Growth
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NioCorp Developments Profile
NioCorp Developments Ltd. engages in the exploration and development of mineral deposits in North America. It owns and develops the Elk Creek niobium/scandium/titanium project that owns one 226.43-acre parcel of land and associated mineral rights, and an additional 40 acres of mineral rights, as well as an optioned land package that covers an area of 1,396 acres located in Johnson County, southeast Nebraska.
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