NioCorp Reports $16.7 Million Loss for Fiscal Year 2025, EPS Declines to $0.35

Reuters
07/11
NioCorp Reports $16.7 Million Loss for Fiscal Year 2025, EPS Declines to $0.35

NioCorp Developments Ltd. reported a preliminary unaudited net loss of $16.7 million for the fiscal year ended June 30, 2025, compared to a net loss of $11.4 million in the previous fiscal year. The company reported a loss per share of $0.35, compared to $0.31 per share for the fiscal year ended June 30, 2024. During the quarter ended June 30, 2025, NioCorp received approximately $31.1 million in gross proceeds from the sale of common shares and pre-funded warrants. The company ended the fiscal year with a cash balance of approximately $25.6 million and had 58,491,196 common shares outstanding. NioCorp plans to file its audited consolidated financial statements by August 29, 2025.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. NioCorp Developments Ltd. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 1047783) on July 11, 2025, and is solely responsible for the information contained therein.

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