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NioCorp Developments Ltd. (NB)

3.3400 -0.2200 (-6.18%)
At close: October 30 at 4:00:00 PM EDT
3.3700 +0.0300 (+0.90%)
After hours: October 30 at 7:42:37 PM EDT
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Updated 37m ago
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NioCorp reported preliminary third-quarter net income, but the improvement largely reflected non-cash accounting gains rather than operating profits. The Elk Creek project also gained commercial and government support, including a 15-year Traxys sales agreement and an EXIM financing target covering approximately 65% of upfront capital costs. The project still requires financing and construction before production can begin.

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