As of 2024-07-27, the Relative Valuation of NioCorp Developments Ltd (NB.TO) is (37.43) CAD. This relative valuation is based on P/E multiples. With the latest stock price at 3.43 CAD, the upside of NioCorp Developments Ltd based on Relative Valuation is -1191.2%.
The range of the Relative Valuation is (30.32) - (44.35) CAD.
Note: valuation result may not be accurate due to the company's negative earnings.
| Range | Selected | |
| Trailing P/E multiples | 18.8x - 28.1x | 23.4x |
| Forward P/E multiples | 19.2x - 28.9x | 24.0x |
| Fair Price | (30.32) - (44.35) | (37.43) |
| Upside | -984.0% - -1392.9% | -1191.2% |
| Date | P/E |
| 2024-05-03 | -2.99 |
| 2024-05-02 | -2.67 |
| 2024-05-01 | -2.40 |
| 2024-04-30 | -2.45 |
| 2024-04-29 | -2.59 |