Niocorp Developments Ltd (NB)

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Landmark,

The current book value of Niocorp is currently .017 per share.

Total Assets, minus total liabilities, divided by shares outstanding (per the most recent 10-Q).

Don't know where the $37.50 comes from (I personally like that number better but...). That makes the ratio about 37, not $37- which means overvalued (Closing price divided by book value).

Warren Buffett typically uses price-to-book to value his stocks, primarily when deciding to buy or not to buy. The lower the value (typically he likes a p/b value of less than 2, but doesn't always stick to it).

Long time reader, first time posting here. Very excited for Niocorp.