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