Analyst Price Target is $12.00
▲ +389.80% Upside Potential
This price target is based on 1 analysts offering 12 month price targets for NioCorp Developments in the last 3 months. The average price target is $12.00, with a high forecast of $12.00 and a low forecast of $12.00. The average price target represents a 389.80% upside from the last price of $2.45.
Current Consensus is
The current consensus among 1 investment analysts is to buy stock in NioCorp Developments. This Buy consensus rating has held steady for over two years.
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. The company was formerly known as Quantum Rare Earth Developments Corp. and changed its name to NioCorp Developments Ltd. in March 2013. NioCorp Developments Ltd. was incorporated in 1987 and is headquartered in Centennial, Colorado.