NioCorp Developments Ltd. (NASDAQ:NIOBW – Get Free Report) was down 31% during trading on Wednesday . The company traded as low as $0.80 and last traded at $0.8001. Approximately 1,952 shares were traded during trading, a decline of 90% from the average session volume of 19,047 shares. The stock had previously closed at $1.16.
NioCorp Developments Trading Down 6.0%
The business has a fifty day simple moving average of $1.27 and a 200 day simple moving average of $1.56.
About NioCorp Developments
NioCorp Developments Ltd. (NASDAQ:NIOBW) is a mineral development company focused on the exploration and advancement of critical minerals essential to modern industry. The company’s flagship asset, the Elk Creek Project in southeast Nebraska, hosts one of the largest known niobium resources in North America. NioCorp is working to secure permits and complete engineering studies to transition Elk Creek from exploration to production.
At Elk Creek, NioCorp aims to produce high-purity ferroniobium for the steel and aerospace sectors, scandium oxide for advanced aluminum alloys, and titanium dioxide for pigment and metal applications.
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