NioCorp Developments (OTCMKTS:NIOBF) Stock Passes Below 50-Day Moving Average – Here’s Why

NioCorp Developments Ltd. (OTCMKTS:NIOBFGet Free Report) shares crossed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $2.05 and traded as low as $1.71. NioCorp Developments shares last traded at $1.94, with a volume of 591,190 shares trading hands.

NioCorp Developments Stock Up 6.5 %

The company’s 50 day simple moving average is $2.07 and its 200 day simple moving average is $1.77.

About NioCorp Developments

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NioCorp Developments Ltd. operates as a development stage company. It engages in the acquisition, exploration, and development of mineral properties. The company is headquartered in Centennial, CO.

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