Today we feature NioCorp Developments Ltd. (TSXV: NB), a junior mining company, as the top momentum gainer since the stock rose more than 7%, touching its 52-week high during the last two consecutive trading days with a significant increase in shares exchanging hands. NB was among the top gainers in the Canadian diversified mining sector after climbing 15.4% in the last session and closing at its 52-week high of C$0.38 while recording significant volume of 624,537 shares. During the past 5 trading sessions, NB surged 27.1% with daily average trading volume of 421,342 shares, while the stock accumulated over 74% during the past one month with daily average volume of 171,035 shares.
Company Description:
NioCorp Developments Ltd. (TSXV: NB) is developing the Elk Creek Carbonatite, a primary niobium deposit in the United States.
1-Year Stock Chart:
Source: Bloomberg
