NioCorp Provides Preliminary Unaudited Financial Results for the Three-Month Period Ended September 30, 2026
NioCorp reported preliminary unaudited net income of $3.7 million ($0.03 basic EPS) for the quarter ended September 30, 2026, versus a $42.7 million loss a year earlier. The swing is almost entirely non-cash: roughly $8.5 million of gains on earnout shares and warrant liabilities caused by a falling share price, not operational performance. The development-stage company held $405.1 million in cash, with $6.1 million of operating and $5.9 million of investing outflows, mostly tied to the Elk Creek Critical Minerals Project and mine portal construction.
Key figures
- Eps
- 0.03
- Revenue
- 0
- Net income
- 3700000
- Cash balance
- 405100000
- Non cash gains
- 8500000
- Investing outflow
- 5900000
- Prior year net loss
- 42700000
- Operating cash outflow
- 6100000
AI analysis
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