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 NioCorp Developments Ltd. Reports Net Loss and Decreased Revenue in Latest Financial Statements

NioCorp Developments Ltd. Reports Net Loss and Decreased Revenue in Latest Financial Statements

Revenue Declines as NioCorp Developments Ltd. Posts Net Loss in Its Recent Financial Report

By USInMinutes
Published - Sep 06, 2023, 01:56 PM ET
Last Updated - Sep 06, 2023, 01:56 PM EDT

NioCorp Developments Ltd.(NIOBF), a leading company in the mineral exploration and development industry, has released its Condensed Consolidated Financial Statements for the periods ending December 31, 2022. The financial report reveals a decline in revenue and a net loss for the company during this period.

Net Income/Loss

NioCorp Developments Ltd. recorded a net loss of $6,306,000 for the six months ended December 31, 2022. This represents a significant decrease compared to the net loss of $6,080,000 for the same period in the previous year.

Revenue

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