profit from every $100 of sales.
$0$100
NioCorp Developments
$2.92-2.83% today
-50.3% in 1 year
1-year low $2.701-year high $7.70
Trading close to its lowest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average.
0%20% a year
It has no yearly profit to compare the price with.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What NioCorp Developments sold, what it kept, and what it did with the cash.
Sales went from $0 in 2022 to $0 in 2025, with -$17.4 million of profit last year.
SalesProfit
NioCorp Developments vs. similar companies
How it compares with the largest companies in its industry.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| NioCorp Developments | No profit yet | ||
 Teck Resources | 43.7× · Expensive | ||
 MP Materials | No profit yet | ||
 USA Rare Earth | No profit yet | ||
 Nexa Resources | 12.0× · Cheap |
AI analysis
An AI analyst reads NioCorp Developments's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 0 | 0 | 0 | 0 | |
| – | – | – | – | |
| -8 | -37 | -14 | -12 | |
| -8 | -38 | -8 | -18 | |
| -11 | -40 | -11 | -17 | |
| -0.41 | -1.34 | -0.31 | -0.36 | |
| – | – | – | – | |
| – | – | – | – | |
| – | – | – | – |
Balance sheet
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 23 | 21 | 20 | 44 |
| Cash | 5 | 2 | 2 | 26 |
| Total debt | 4 | 11 | 8 | 0 |
| Total liabilities | 5 | 30 | 18 | 15 |
| 18 | -11 | 1 | 28 | |
| 26 | 29 | 34 | 45 | |
| -29.0% | – | -67.3% | -49.8% | |
| -61.6% | 365.5% | -1,143.5% | -61.5% |
Cash flow
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| -6 | -17 | -12 | -11 | |
| 0 | – | – | 0 | |
| -6 | -17 | -12 | -11 | |
| Dividends paid | – | – | – | – |
| – | – | – | – | |
| 2 | 2 | 3 | 1 |
Valuation
- –
- –
- –
- 1.7×
- –
- –
- –
- -2.5%
- -3.8%
- 0.0%
Profitability
- 0.0%
- 0.0%
- 0.0%
- 0.0%
- -7.4%
- 4,636.5%
- -21.4%
- -10.6%
- -7.4%
- –
Growth
- –
- –
- +9.1%
- –
- +16.8%
Financial health
- 6.8×
- 0.00
- 0.1%
- –
- 31.08
- 31.08
- 0.00
How it ranks in Materials
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Bottom 6%of 989
Bottom 10%of 958
Bottom 21%of 990
What analysts expect
- Average price target
- $9.35
- Range
- $8.70 – $10.00
- 1 analysts
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| May 14, 2026 | -0.02 | -0.02 | +0.0% |
| Feb 6, 2026 | -0.05 | -0.05 | +0.0% |
| Nov 13, 2025 | -0.11 | -0.09 | −22.2% |
| Sep 11, 2025 | -0.20 | -0.17 | −17.3% |
| May 8, 2025 | -0.12 | -0.11 | −9.1% |
| Feb 7, 2025 | -0.01 | -0.03 | +66.7% |
| Nov 13, 2024 | -0.05 | -0.05 | +0.0% |
| Sep 23, 2024 | -0.53 | – | – |
News
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
2/7Passes 2 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
14No pass
Benjamin Graham
60Pass
Philip Fisher
28No pass
Peter Lynch
62Pass
Joel Greenblatt
2No pass
Charlie Munger
19No pass
Terry Smith
15No pass
Questions about NioCorp Developments
Is NioCorp Developments a good stock to buy?
A business with weak numbers that is not profitable yet. 2 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the NioCorp Developments AI analysis
What does NioCorp Developments do?
NioCorp Developments Ltd. engages in the exploration and development of mineral deposits in North America. It is in Industrial Materials.
Does NioCorp Developments pay a dividend?
No. NioCorp Developments does not pay a dividend at the moment.
Is NioCorp Developments stock halal?
Yes. NioCorp Developments passes our halal screen: its business is permitted and its debt is under 0.1% of its market value, under the 30% limit. How we check
How has NioCorp Developments stock done over the past year?
Down 50.3% over the past twelve months, to $2.92. It traded between $2.70 and $7.70 and is 62.1% below its high.
Who are NioCorp Developments's competitors?
The largest listed companies in the same industry are Teck Resources, MP Materials, USA Rare Earth and Nexa Resources. The peers table on this page compares their profit, growth and price with NioCorp Developments's.
Prices: daily closes to Nov 11, 2026. Fundamentals: company reports via invest-like data.