Nio Strategic Metals Inc. (NIOCF) Stock

About Nio Strategic Metals Inc.

Nio Strategic Metals Inc., a development stage enterprise, is dedicated to the exploration and advancement of mineral resources within the province of Quebec. Its primary focus lies in discovering and developing deposits of niobium and iron ore. The company's asset portfolio encompasses two significant mineral properties: the Oka mining property, which includes a single mining lease and 102 claims spanning approximately 6,025 acres, and the Great Whale Iron property, comprising 140 claims across roughly 17,098 acres in the Hudson Bay territory. Originally incorporated as Niocan Inc., the company adopted its current name, Nio Strategic Metals Inc., in June 2022. Established in 1995, its corporate headquarters are located in Montreal, Canada.

Nio Strategic Metals Inc. is headquartered in CA.

Nio Strategic Metals Inc. (NIOCF) stock trades at $0.10 with a market capitalization of $14.65M. The stock is valued at a negative price-to-earnings (P/E) ratio of -14.54, reflecting a net loss over the last twelve months, price-to-book of 2.43, price-to-sales of 3092.07. Over the past 52 weeks the stock has ranged between $0.01 and $4.74, and currently trades 97.9% below its 52-week high.

On profitability, Nio Strategic Metals Inc. generates a return on equity (ROE) of -39.59% (negative, reflecting a net loss), return on capital employed of -16.61%.

Official website: niostratmet.com