Niocorp Developments Ltd's Competitiveness
A competitive positioning analysis and financial ratio benchmarking of Niocorp Developments Ltd (NB) against its publicly traded competitors: sales growth, net income, profitability, valuation and market share, plus each peer's market capitalization, revenue, income and employees. Free below: the top 5 peers. Subscriber access adds the full competitor list and CSV downloads.
Key Findings: Niocorp Developments Ltd vs Its Competitors
- Scale: Niocorp Developments Ltd ranks #83 of 155 companies by market capitalization in the Metal Mining industry, holding 0.0% of industry market cap.
Every figure above is sourced and cited in detail further down this page (Market Structure, Profitability & Cost Structure, Productivity vs Peers).
Niocorp Developments Ltd's Competitor Quality Breadth
Share of each group, trailing 12 months: profitable (net margin > 0), expanding (revenue growth > 0), growing faster than the industry's own median, and financially distressed (Piotroski F-Score of 2 or below).
| Entity | Profitable | Expanding | Above Industry Growth | Distressed |
|---|---|---|---|---|
| Niocorp Developments Ltd | - | - | - | No |
| Competitors combined (2) | - | - | - | |
| Similar-Size Competitors (9) |
Source: CSIMarket API, trailing 12 months. Altman Z-Score is not shown here: it is not populated in the underlying data for any company. Percentages are of companies in each group that report the relevant metric, not of the full group size.
NB Stock Performance relative to its Competitors
NB Stock Performance relative to Similar-Size Competitors
5 Best-Performing Tracked Competitors, Trailing 12 Months
| # | Competitor | TTM Share Price Return | vs U.S.A. 500 |
|---|---|---|---|
| 1 | Bioxytran Inc | 282.9% | Outperformed |
TTM share price return and U.S.A. 500 outperformance for Niocorp Developments Ltd's best-performing tracked competitors requires a Commercial License.
Source: CSIMarket API, trailing 12 months.
Niocorp Developments Ltd's Comment on Competition and Industry Peers
Publicly Traded Peers of Niocorp Developments Ltd
Revenue and income for trailing 12 months, in millions of $, except employees| Company | Market Cap | Revenues |
|---|---|---|
| Niocorp Developments Ltd | 406.73 | - |
| Ree Automotive Ltd | 2.47 | 0.73 |
| Bioxytran Inc | 2.41 | - |
| SUBTOTAL | 411.62 | 0.73 |
Sources: Niocorp Developments Ltd's official press releases and regulatory filings; CSIMarket.com's market research; and the financial filings and press releases of the other companies cited.
Updated on:
Focus of this report: publicly traded companies. Ten additional tables on Niocorp Developments Ltd versus competitors, including market share analysis, are in the navigation menu under Competition. To download the tables, please subscribe.
Niocorp Developments Ltd's Productivity vs Peers Comparison
Revenue and income per employee, trailing 12 months, in $; market cap in millions of $| Company | Market Cap | Revenue / Employee | Income / Employee |
|---|---|---|---|
| Niocorp Developments Ltd | 407 | - | -4,863,300 |
| Ree Automotive Ltd | 2 | 1,815 | -139,518 |
| Bioxytran Inc | 2 | - | -1,746,899 |
| PEERS TOTAL | 5 | 1,806 | -147,514 |
Niocorp Developments Ltd's Geographic Revenue Exposure vs Peers
Revenue by country/region as reported in each company's most recent filing. Disclosure granularity varies by filer (some report by country, others by broad region) and is shown as disclosed.| Company | Largest Market |
|---|---|
| Ree Automotive Ltd | France 8.26 % |
Source: revenue geography as reported in each company's SEC filings (10-K/10-Q), via the CSIMarket API. Percentages are of that company's own total consolidated revenue for its most recent reported period.
Niocorp Developments Ltd's Position in Industry Market Structure
Market-capitalization share and concentration across all 131 companies in Niocorp Developments Ltd's industry classification, broader than the peer set above. Market cap in millions of $.Niocorp Developments Ltd ranks #83 of 131 companies by market capitalization in its industry, holding 0.03 % of total industry market cap. The industry's Herfindahl-Hirschman Index (HHI) is 758, indicating a unconcentrated market structure (U.S. antitrust guidance: below 1,500 unconcentrated, 1,500 to 2,500 moderately concentrated, above 2,500 highly concentrated).
| Rank | Company | Market Cap | Industry Share |
|---|---|---|---|
| 1 | Bhp Group Limited | 214,768 | 15.45 % |
| 2 | Southern Copper Corp | 168,001 | 12.09 % |
| 3 | Rio Tinto Plc | 154,035 | 11.08 % |
| 4 | Newmont Corporation | 123,825 | 8.91 % |
| 5 | Freeport mcmoran Inc | 1,234 | 5.2% |
| 6 | Agnico Eagle Mines Limited | 1,234 | 5.2% |
| 7 | Wheaton Precious Metals Corp | 1,234 | 5.2% |
| 8 | Franco nevada Corporation | 1,234 | 5.2% |
| 9 | Anglogold Ashanti Plc | 1,234 | 5.2% |
| 10 | Cameco Corporation | 1,234 | 5.2% |
| 83 | Niocorp Developments Ltd | 407 | 0.03 % |
Market cap and industry share for the rest of Niocorp Developments Ltd's industry peers requires a Commercial License.
Source: CSIMarket API (daily market-structure computation) across CSIMarket's industry classification, market capitalization as of 2026-09-28.
Niocorp Developments Ltd's Same-Size Peers & Stock Performance
Peers chosen by closeness in market-cap rank within the same industry classification (not the named-competitor list above). Trailing 12-month total return, 3-month price momentum, beta and Sharpe ratio vs the broad U.S. market.| Rank | Company | Market Cap | TTM Return |
|---|---|---|---|
| 78 | Idaho Strategic Resources Inc | 460 | -9.73 % |
| 79 | Western Copper And Gold Corporation | 450 | 20.97 % |
| 80 | Caledonia Mining Corp Plc | 447 | -31.54 % |
| 81 | Ur energy inc | 445 | -34.87 % |
| 82 | Integra Resources Corp | 1,234 | 12.3% |
| 83 | Niocorp Developments Ltd | 407 | -52.60 % |
| 84 | New Found Gold Corp | 1,234 | 12.3% |
| 85 | Vista Gold Corp | 1,234 | 12.3% |
| 86 | Trx Gold Corporation | 1,234 | 12.3% |
| 87 | Highlander Silver Corp | 1,234 | 12.3% |
| 88 | Vox Royalty Corp | 1,234 | 12.3% |
Market cap, return, momentum, beta and Sharpe ratio for the rest of Niocorp Developments Ltd's same-size peers requires a Commercial License.
Source: CSIMarket API (daily market-structure computation); returns and risk metrics as of 2026-09-28. Beta and Sharpe ratio are versus the broad U.S. equity market, not this industry.
Niocorp Developments Ltd's Valuation vs Competitive Position
Valuation multiples vs the Metal Mining industry average (72 companies, excluding loss-making/negative-equity outliers), alongside returns on capital for context on whether a premium or discount lines up with measurably stronger or weaker returns.| Metric | Company | Industry Average | Difference |
|---|---|---|---|
| P/E | - | 21.8x | - |
| EV / EBITDA | - | 13.3x | - |
| P/B | 2.5x | 3.5x | -1.1x |
| Return on Equity | -18.59 % | industry aggregate | -37.77 % |
| Return on Invested Capital | - | 7.81 % (avg) | - |
Source: CSIMarket API, trailing 12 months. A valuation premium or discount is not, by itself, a judgment of over- or under-valuation. Compare it against the return and growth context shown elsewhere on this page.
Niocorp Developments Ltd's Multi-Year Financial Trajectory
Fiscal-year revenue growth, operating margin, return on invested capital and P/E, as reported in SEC filings.| Metric | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue Growth | - | - | - | - | - | - | - | - |
| Operating Margin | - | - | - | - | - | - | - | - |
| Return on Invested Capital | -48.09 % | -54.25 % | -59.30 % | -21.63 % | -24.67 % | -770.93 % | -103.43 % | -22.91 % |
| P/E | - | - | - | - | - | - | 79.2x | - |
Source: CSIMarket API, fiscal-year figures. P/E is this company's own historical ratio at each fiscal year end and can swing sharply around an earnings trough: that is real, not a data error.
Niocorp Developments Ltd's BCG Growth-Share Matrix
Relative market share (vs Niocorp Developments Ltd's largest competitor by market cap) against industry revenue growth, using the standard textbook thresholds (1.0x share, 10% growth) a common framework, not a precision instrument.
Niocorp Developments Ltd falls in the Question Mark quadrant: relative market share of 0.00x vs its largest competitor, in an industry growing revenue 33.6% (median, trailing 12 months).
Source: CSIMarket API (market-cap share and industry revenue growth). The 10% growth and 1.0x share lines are standard textbook thresholds, not derived from this industry's own distribution.
Niocorp Developments Ltd's Competitive Forces (Porter's Five Forces)
Only the forces this data can support honestly are shown; the other three are marked as such rather than guessed.| Force | Assessment | Basis |
|---|---|---|
| Competitive Rivalry | High | Industry HHI of 758 (see Industry Market Structure & Concentration above) |
| Supplier Power | Not covered on this page | See Niocorp Developments Ltd's dedicated suppliers page for concentration and dependency data |
| Buyer Power | Not covered on this page | See Niocorp Developments Ltd's dedicated customers page for concentration and dependency data |
| Threat of Substitutes | - | No systematic data source for cross-product substitution exists in this system; not estimated |
Note: this is a partial, data-grounded application of the framework, not a complete strategic assessment. Rivalry and barriers-to-entry readings are mechanical translations of the HHI and capital-intensity figures shown elsewhere on this page, not independent judgments.
Niocorp Developments Ltd's Industry Attractiveness & Competitive Strength
A CSIMarket composite, not a standard field: each axis is an equal-weighted average of three factors already shown elsewhere on this page (industry growth, industry profitability and rivalry for attractiveness; relative market share, profitability and growth vs industry for strength). Disclosed as a designed methodology, not a precision measurement.
Niocorp Developments Ltd falls in the Medium attractiveness / Low strength cell: Harvest.
Source: CSIMarket API, trailing 12 months. Each axis score is a simple 1(low)/2(medium)/3(high) average across its three inputs -- a transparent, disclosed simplification, not a validated academic scoring model.
Niocorp Developments Ltd's SWOT
Every point below is a fixed rule applied to a metric already shown elsewhere on this page (Market Structure, Profitability, Valuation, Run-Rate, Stock Performance, Quality Breadth) not an independent strategic assessment. A blank quadrant means no rule was met, not that none apply.Strengths
No rule matched.
Weaknesses
- Return on equity 37.8 points below the industry aggregate.
- Underperforming the U.S.A. 500 over the trailing 12 months.
- Low relative market share vs the industry leader (0.00x).
Opportunities
- Industry revenue growing at a healthy 33.6% median pace.
- A meaningful share of tracked competitors (50.00 %) show financial-distress signals, a possible opening to gain share.
Threats
No rule matched.
Methodology: mechanical, rule-based SWOT. Each bullet reuses a figure already sourced and cited elsewhere on this page; nothing here is generated narrative or independent analyst judgment.
Niocorp Developments Ltd's Financial Strength vs Peers Comparison
Quick ratio, working capital, debt to equity and asset turnover, trailing 12 months| Company | Quick Ratio | Working Capital | Debt / Equity |
|---|---|---|---|
| Niocorp Developments Ltd | 28.39 | 28.68 | - |
| Ree Automotive Ltd | 1.12 | 1.18 | 0.72 |
| Bioxytran Inc | 0.07 | 0.07 | - |
Quick ratio = cash / current liabilities; working capital ratio = current assets / current liabilities; asset turnover = revenue / total assets. Peers in the Blank Checks industry are excluded.
Niocorp Developments Ltd's Revenue and Income Growth vs Peers
Quarterly revenue and net income growth, year over year and quarter over quarter| Company | Period | Revenue Y/Y | Income Y/Y |
|---|---|---|---|
| Niocorp Developments Ltd | Q2 2026 | - | - |
| Ree Automotive Ltd | Q2 2026 | - | - |
| Bioxytran Inc | Q2 2026 | - | - |
| PEERS TOTAL | - | - |
Growth is shown only where both periods are positive. Peers in the Blank Checks industry are excluded.
Niocorp Developments Ltd's Peers' Costs of Sales and Capital Expenditures
Context for revenue growth: peer costs and capex, year over year and quarter over quarter| Company | Period | Costs Y/Y | Capex Y/Y |
|---|---|---|---|
| Niocorp Developments Ltd | Q2 2026 | - | - |
| Ree Automotive Ltd | Q2 2026 | +377.3 % | -16.3 % |
| Bioxytran Inc | Q2 2026 | - | -38.1 % |
Niocorp Developments Ltd's Returns and Turnover vs Peers
ROA, ROI and ROE (trailing 12 months), receivables and inventory turnover| Company | ROA | ROI | ROE |
|---|---|---|---|
| Niocorp Developments Ltd | - | - | - |
| Ree Automotive Ltd | - | - | - |
| Bioxytran Inc | - | - | - |
ROA = net income / total assets; ROI = net income / investments; ROE = net income / equity; turnover ratios use trailing 12 month revenue (receivables) and cost of sales (inventory).
Niocorp Developments Ltd's Valuation vs Peers
P/E, price to sales, PEG, price to cash flow and price to book| Company | P/E | Price / Sales |
|---|---|---|
| Niocorp Developments Ltd | - | - |
| Ree Automotive Ltd | - | 3.41 |
| Bioxytran Inc | - | - |
| PEERS AVERAGE | - | 566.97 |
P/E = price / diluted EPS (trailing 12 months); PEG = P/E divided by EPS growth; the average row divides the peers' combined market cap by their combined income, sales, cash flow and equity.