HC Wainwright Reaffirms Buy Rating for NioCorp Developments (OTCMKTS:NIOBF)

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HC Wainwright reiterated their buy rating on shares of NioCorp Developments (OTCMKTS:NIOBF) in a research note published on Monday, Analyst Ratings Network reports. They currently have a $0.90 price target on the stock.

OTCMKTS:NIOBF opened at $0.59 on Monday. NioCorp Developments has a 52-week low of $0.38 and a 52-week high of $0.78. The business’s fifty day moving average is $0.60 and its 200 day moving average is $0.62.

NioCorp Developments Company Profile

NioCorp Developments Ltd. explores for and develops mineral deposits in North America. It owns and develops the Elk Creek niobium/scandium/titanium project located in Southeastern Nebraska. The company was formerly known as Quantum Rare Earth Developments Corp. and changed its name to NioCorp Developments Ltd.

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