Why These 15 Mining Stocks Are Skyrocketing So Far In 2025

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2. NioCorp Developments Ltd (NASDAQ:NB)

Number of Hedge Fund Holders In Q3 2024: 5

NioCorp Developments Ltd (NASDAQ:NB) is a mineral development company. It is focused on its Elk Creek Critical Minerals Project in southeast Nebraska, which aims to produce niobium, scandium, and titanium. All are designated as “critical minerals” by the U.S. government.

The stock is up markedly so far in 2025 after the U.S. Export-Import Bank (EXIM) advanced NioCorp’s application for up to $800 million in debt financing to an independent technical review (TRC-2 phase).

Moreover, NioCorp closed a $5 million underwritten offering, selling 2.58 million shares with warrants. The company also secured a $3.5 million private placement in November 2024.

Plus, the Elk Creek Project completed a definitive feasibility study showing a projected $2.8 billion net present value and 29.2% pre-tax IRR.

The consensus price target of $3.63 implies 54.91% upside.

NB stock is up 50.97% year-to-date.

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