Texas Capital Securities initiates NioCorp stock with buy rating
Texas Capital Securities initiated coverage on NioCorp (NASDAQ:NB) with a Buy rating and $13 price target. The stock trades near its 52-week low at $0.06. NioCorp's Elk Creek Project is a critical mineral development in Nebraska. The firm highlights the project's potential, long-term scale, and attractive economics. NioCorp is seeking $780M in loans from the U.S. government and is in discussions with Lockheed Martin for scandium supply.


