How to Buy Niocorp Developments Stock
Niocorp Developments Ltd
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.
Niocorp Developments stock last closed at $2.60, up 16.07% from the previous day, and has decreased 56.95% in one year. It has underperformed other stocks in the Other Industrial Metals & Mining industry by 0.31 percentage points. Niocorp Developments stock is currently +31.18% from its 52-week low of $1.98, and -59.31% from its 52-week high of $6.39.
As of May 3, 2024, there are 36.48M shares of NB outstanding. The market cap of NB is $94.86M. In the last 24 hours, 298,036 NB shares were traded.
How to Buy Niocorp Developments Stock
Wondering how to invest in Niocorp Developments stock? Here's how.
- Figure out where to buy Niocorp Developments stock: You need to pick a stock brokerage, but don't worry - we've tested dozens of online brokerages and apps to help you choose where to buy Niocorp Developments stock.
- Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Deposit money your brokerage account: Pick your payment method and add your info.
- Evaluate Niocorp Developments stock: The Niocorp Developments ticker symbol is NB. Is Niocorp Developments stock a good investment? Should you buy shares of NB? How do NB's underlying business fundamentals look? Do top analysts think Niocorp Developments is a good buy? Why has NB's stock price moved recently? (Hint: Our stock analysis website can help you figure out if NB is a good stock to buy).
- Place your NB purchase: Decide if you will purchase NB shares at the current market price or use a limit order to buy NB shares at a given price.
- Get notifications regarding your NB investment: Create a watchlist to get the latest news on your new investment in Niocorp Developments stock.
Step 1: Figure out where to buy Niocorp Developments stock
You will need a brokerage account in order to access the NASDAQ market and buy NB shares.
Our favorite brokerage: eToro
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Open eToro AccountStep 2: Open your brokerage account
Now that you've picked your brokerage, the next step is to fill out some personal details so you are able to invest in NB stock today.
How to Open a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal info to start a new trading account.
- Submit your information by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit money your brokerage account
Now that you have filled out your info on stock apps to use, you can securely and quickly fund your account:
Check out the video below to see the process of transferring money into your new brokerage account.
Step 4: Evaluate Niocorp Developments stock
After you have decided on the best place to buy Niocorp Developments stock, it's crucial to evaluate their stock prior to buying, so you can wrap your head around the risk and opportunity.
Niocorp Developments shares data
Niocorp Developments Due Diligence Checks
WallStreetZen was built to help everyday investors do better fundamental analysis quickly.
You can view all of the due diligence checks on NB's stock page.
Is NB stock undervalued?
Analysts use many financial metrics, analyses, models, and charts to gauge NB's fair value.
You can access additional valuation research on NB's stock here.
A look at NB Cashflows and Balance Sheet
Negative Financial Indicators:
- There are more long-term liabilities than short-term assets on the NB balance sheet.
- NB debt to equity ratio of -8.66 is negative.
- NB has cash burn of 11446000. It does not have sufficient cash and short-term investments to cover this.
- There are more short-term liabilities than short-term assets on the NB balance sheet.
- NB has $229.00k in cash and short term investments. This is not sufficient to cover its annual cash burn of $11.45M.
- Total NB debt is still negative.
NB Momentum
Latest Insiders Trades at NB
In the last year, insiders at NB have bought more shares than they have sold.
David Coates Beling, Director of NB, was the latest NB insider to sell. They sold $118,024.39 worth of NB stock on Nov 15, 2023.
Dig into more about who owns NB stock here.
Does NB provide a stable income stream?
No, Niocorp Developments doesn't provide an income stream by paying out dividends.
What others are saying about NB
One of the reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to find out what other traders have to say.
Step 5: Place your NB purchase
You have two main options:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are usually the easiest way to buy. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at an exact dollar amount, use a limit order.
Hit the Open Trade button and eToro will execute the order.
If you need more help with buying stocks on eToro, click the how to video below:
Step 6: Get notifications regarding your NB investment
Now that you own some NB shares, you'll want to stay up-to-date on your new investment.
Make a watchlist to track your NB stock.
NB Feed
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How to Buy Stock in Niocorp Developments
To reiterate, here are the 6 steps to buy Niocorp Developments stock:
- Figure out where to buy Niocorp Developments stock
- Open your brokerage account
- Deposit money your brokerage account
- Evaluate Niocorp Developments stock
- Place your NB purchase
- Get notifications regarding your NB investment
If you require a brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you would like to get the latest news on your investment in Niocorp Developments, get started below.
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