Stock Track | NioCorp Developments Ltd. Soars 7.21% as Elk Creek Project Advances

Stock Track01-15

NioCorp Developments Ltd. (NB) saw its stock surge 7.21% during intraday trading on Wednesday, reflecting strong investor confidence.

The rally follows the company's announcement of significant progress on its Elk Creek Critical Minerals Project, including securing over $370 million in funding and strong federal support. The project aims to bolster U.S. control over critical minerals like niobium and scandium, which are essential for aerospace and advanced manufacturing industries.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment