NioCorp Announces Preliminary Financial Results for Q3 2026

NioCorp Developments Ltd. released its preliminary unaudited financial results for the three-month period ended September 30, 2026. The company reported a net income attributable to NioCorp of $3.7 million, or $0.03 per share, reversing a net loss of $42.7 million, or $0.53 per share, from the same period in 2025. This turnaround primarily resulted from non-cash gains related to the devaluation of earnout shares and warrants.

As of September 30, 2026, NioCorp held $405.1 million in cash. Operating cash outflows were $6.1 million, mainly due to administrative costs and expenses tied to the Elk Creek Project. Additionally, the company spent $5.9 million on ongoing construction at the Elk Creek mine portal. Investors are advised to treat these preliminary figures cautiously, as NioCorp intends to release its unaudited financial statements in November 2026.