NioCorp Developments Ltd. (NB) Stock Score, Valuation & Financial Research

NioCorp Developments Ltd. is in the Basic Materials sector and Industrial Materials industry. It is reviewed using Wall Street Score's company-strength, valuation, growth and financial-health framework. A complete Wall Street Score is not currently available.

Quick answer for NB

NioCorp Developments Ltd. does not currently have a complete Wall Street Score. The stored market price is USD 3.42. These figures are a research snapshot, not a buy or sell recommendation.

What NioCorp Developments Ltd. does

NioCorp Developments Ltd. engages in the evaluation, acquisition, exploration, and development of mineral deposits. It focuses on a super alloy materials project in Nebraska for producing niobium, scandium, and titanium. The company was founded on February 27, 1987, and is headquartered in Centennial, CO.

Company business and revenue

Research reporting period: 2026-06-30. A research update is not a new financial filing.

How the company makes money

NioCorp Developments Ltd. is an exploration and development stage company focused on advancing its Elk Creek Project in Nebraska toward commercial production. The company does not currently generate revenue from operations and relies on capital raises and strategic financing to fund the development of its niobium, scandium, and titanium mineral assets.

Products and services

  • The company is developing a project to produce niobium, scandium, and titanium, and is engaged in the research and development of aluminum-scandium alloys.

Customer types

American manufacturers; Defense industry.

Suppliers, materials and equipment

  • Engineering, Procurement, and Construction (EPC) contractors — The company engages various third-party contractors for the development and construction of the Elk Creek Project; specific supplier names are not disclosed. Source

Business relationships and partnerships

  • Centre technologique des résidus industriels (CTRI) — A collaboration agreement to develop an optimal metallurgic treatment process and reduce environmental impact from mining wastewater. Source

Business strengths to evaluate

  • Ownership of the high-grade Elk Creek niobium/scandium/titanium project in North America Source

Business risks and research considerations

  • The company is in the development stage and has not yet achieved commercial production, leading to a history of operating losses and reliance on external financing. Source
  • Risks associated with the construction, permitting, and development of the Elk Creek Project. Source

Sources: Company research source · Centre technologique des résidus industriels (CTRI) · Ownership of the high-grade Elk Creek niobium/scandium/titanium project in North America

Company research refreshed 2026-10-12. This is saved research, not a live check of company relationships. Check the reporting period and source disclosures. Financial figures and scores follow their separate update schedules.

NB financial snapshot

Statement amounts: USD. Quote amounts: USD. No exchange-rate conversion is performed in this snapshot. Market-capitalization currency is not supplied by this projection.

Wall Street Score:
Not currently available
Stored price:
USD 3.42
Market capitalization:
497.91M (currency not supplied)
Revenue:
USD 0.00
Net income:
USD -45.85M
Free cash flow:
USD -37.16M
Cash:
USD 415M
Total debt:
USD 94K
EPS:
USD -0.57

What stands out

  • Free cash flow is USD -37.16M, negative for the stored period.
  • The balance sheet shows USD 415M of cash versus USD 94K of total debt, an excess of cash over debt on these two reported measures.
  • The current research record carries a fundamental change risk warning, which should be reviewed alongside the score.

Company-specific financial comparisons

The following are calculated from saved company data, not forecasts or statements about future performance. Differences in reporting dates or units can make a ratio misleading; verify the original filings.

  • Cash exceeds debt by USD 414.91M using the stored balance-sheet values. This does not include other obligations or restricted cash.

Questions worth answering for NB

Use these questions to check the stored figures against the latest company filings. They identify issues to investigate; they are not findings about management's plans or future results.

  • How long can NB fund negative free cash flow using its current cash position before it may need more debt or new shares?
  • How is NB likely to use its cash advantage: reinvestment, acquisitions, debt reduction, dividends or buybacks?
  • What specifically needs to improve for NB to reach sustainable profitability?
  • What does the current fundamental change risk warning mean for the reliability or interpretation of NB's score?

What the numbers mean

A complete valuation score is not currently available, so valuation should be checked using the available earnings, cash-flow and price data.

A complete financial score is not currently available, so investors should review cash, debt, earnings and cash flow directly.

A strong company and an attractive stock price are not always the same thing. Revenue, earnings, free cash flow, debt, management quality, competitive advantage and valuation should be considered together. Wall Street Score organizes these inputs into a consistent research framework so investors can identify what deserves deeper review.

Data freshness: Financial data last refreshed 2026-10-08.

Research-input completeness: 73% of the scoring inputs required for this public page are currently available.

How to research NB

Start by understanding how the company makes money. Then compare revenue and earnings trends, cash generation, debt, liquidity and valuation. Review the company's latest filings and earnings reports before acting on any score or model estimate.

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Data may change as company filings and market prices update. Educational research only; not a buy or sell recommendation.