NioCorp Developments Ltd. (OTCMKTS:NIOBF – Get Free Report) shares crossed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $6.32 and traded as low as $5.75. NioCorp Developments shares last traded at $5.9650, with a volume of 4,729,278 shares traded.
NioCorp Developments Trading Up 3.9%
The company’s 50-day simple moving average is $6.32 and its 200 day simple moving average is $6.04.
About NioCorp Developments
NioCorp Developments Ltd is an advanced-stage critical minerals development company focused on the Elk Creek Niobium, Scandium, and Titanium Project in southeast Nebraska, United States. The company’s primary objective is to advance one of North America’s largest known niobium deposits into production. In addition to niobium, the project hosts significant scandium and titanium resources, positioning NioCorp to supply multiple high-value metals used in aerospace, defense, automotive, electronics, and clean-energy applications.
The Elk Creek project has undergone extensive exploration, drilling and metallurgical test work to support prefeasibility and feasibility studies.
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