Falling more than 2% from its Friday closing price, NioCorp Developments(NASDAQ: NB) shares are bouncing back today after an analyst initiated coverage of the mineral development company and set a bullish price target.
As of 1:53 p.m. ET, shares of NioCorp are up 0.5%, tumbling from an earlier gain of 6.6%.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.
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