NioCorp FY26 net loss widens to $48.56 million; no revenue
Bitget2026/09/25 20:04- NioCorp posted a net loss attributable to the Company of USD 48.56 million, widening 179.00% from the prior fiscal year.
- Loss per share (basic and diluted) widened to USD 0.41 from USD 0.36.
- Operating expenses rose 220.23% to USD 38.31 million, with exploration spending of USD 16.08 million and G&A of USD 22.23 million.
- Management attributed the wider net loss primarily to 2026 Elk Creek Study spending and higher non-cash valuation and compensation charges.
- Cash climbed to USD 415 million at June 30, 2026, and planned cash outflows were pegged at about USD 65–75 million over 12 months.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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