NYSE:NMG Nouveau Monde Graphite (NMG) Stock Price, News & Analysis → Have You Seen Elon’s New A.I. Device? (Picture Inside) (From InvestorPlace) (Ad) Free NMG Stock Alerts $2.06 -0.05 (-2.37%) (As of 02:13 PM ET) Add Compare Share Share Today's Range$1.97▼$2.1250-Day Range$1.95▼$2.9152-Week Range$1.85▼$4.00Volume63,720 shsAverage Volume169,195 shsMarket Capitalization$138.25 millionP/E RatioN/ADividend YieldN/APrice Target$8.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOwnershipSEC FilingsShort InterestSocial Media Get Nouveau Monde Graphite alerts: Email Address Nouveau Monde Graphite MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside292.2% Upside$8.00 Price TargetShort InterestHealthy0.95% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment1.44Based on 2 Articles This WeekInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.26 out of 5 starsBasic Materials Sector90th out of 169 stocksMiscellaneous Metal Ores Industry1st out of 4 stocks 3.5 Analyst's Opinion Consensus RatingNouveau Monde Graphite has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Amount of Analyst CoverageNouveau Monde Graphite has received no research coverage in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted0.95% of the float of Nouveau Monde Graphite has been sold short.Short Interest Ratio / Days to CoverNouveau Monde Graphite has a short interest ratio ("days to cover") of 2.1, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Nouveau Monde Graphite has recently decreased by 18.78%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldNouveau Monde Graphite does not currently pay a dividend.Dividend GrowthNouveau Monde Graphite does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for NMG. Previous Next 3.6 News and Social Media Coverage News SentimentNouveau Monde Graphite has a news sentiment score of 1.44. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.30 average news sentiment score of Basic Materials companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Nouveau Monde Graphite this week, compared to 1 article on an average week.MarketBeat Follows2 people have added Nouveau Monde Graphite to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Nouveau Monde Graphite insiders have not sold or bought any company stock.Percentage Held by Insiders22.72% of the stock of Nouveau Monde Graphite is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions41.09% of the stock of Nouveau Monde Graphite is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.0 Earnings and Valuation Earnings GrowthEarnings for Nouveau Monde Graphite are expected to remain at ($0.31) per share in the coming year.Price to Earnings Ratio vs. the MarketThe P/E ratio of Nouveau Monde Graphite is -2.79, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Nouveau Monde Graphite is -2.79, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioNouveau Monde Graphite has a P/B Ratio of 3.09. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Colonial MetalsConflict In Israel Sends Gold Soaring ???? Here’s How To Get Your ShareThe latest flare-up between Israel and Palestinian militants has sent gold prices surging. Why? Because savvy investors know the endgame of the elites at play… Geopolitical crises breed uncertainty — and gold thrives on uncertainty. See why the elites are pouring billions into gold. About Nouveau Monde Graphite Stock (NYSE:NMG)Nouveau Monde Graphite Inc. engages in the acquisition, exploration, development, and evaluation of mineral properties in Canada. It primarily explores for graphite. The company's holds interest in the Matawinie Mine Project and the Battery Material Plant project situated in the Montreal, Quebec. It also engages in the real estate and trading businesses. The company was formerly known as Nouveau Monde Mining Enterprises Inc. and changed its name to Nouveau Monde Graphite Inc. in February 2017. Nouveau Monde Graphite Inc. was founded in 2011 and is headquartered in Saint-Michel-des-Saints, Canada.Read More NMG Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart NMG Stock News HeadlinesApril 1, 2024 | investorplace.comNMG Stock Earnings: Nouveau Monde Graphite Misses EPS for Q4 2023April 1, 2024 | finance.yahoo.comNMG Pays Accrued Interests and Grants OptionsApril 29, 2024 | Wall Street Star (Ad)AI finds its first serious applicationAI has infiltrated so many sectors, it's sent the demand for AI-friendly GPU computer chips rocketing. Nvidia has gone up more than 3x in the past year. It is now valued well over $2 trillion, making it one of the largest companies in the world.March 28, 2024 | finance.yahoo.comNMG Provides Commercial and Operational Update upon Filing 2023 Financial Reports: Significant Progress over the Year in Advancing North America’s Mine-to-Battery-Material Graphite ProductionMarch 28, 2024 | businesswire.comNMG Provides Commercial and Operational Update upon Filing 2023 Financial Reports: Significant Progress over the Year in Advancing North America's Mine-to-Battery-Material Graphite ProductionMarch 16, 2024 | finance.yahoo.comNMG Apr 2024 2.500 callFebruary 29, 2024 | juniorminingnetwork.comNouveau Monde Graphite Announces the Successful Closing of the US$50 Million Tranche 1 Investment by GM and PanasonicFebruary 28, 2024 | businesswire.comNMG Announces the Successful Closing of the US$50 Million Tranche 1 Investment by GM and PanasonicApril 29, 2024 | InvestorPlace (Ad)Have You Seen Elon’s New A.I. Device? 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Elon believes A.I. is advancing so fast...February 26, 2024 | businesswire.comNMG Is Gearing up for Its Phase 2 Commercial Operations in Bécancour – Innovative Workforce Training Program Established and Relationships Forged With Contractors and SuppliersFebruary 16, 2024 | money.usnews.comNouveau Monde Graphite IncFebruary 15, 2024 | juniorminingnetwork.comNouveau Monde Graphite Announces Offtake Agreement with GM for Canadian Graphite and US$150 Million Equity InvestmentFebruary 15, 2024 | theglobeandmail.comGM, Panasonic strike deals to buy EV battery materials from Quebec’s Nouveau MondeFebruary 15, 2024 | juniorminingnetwork.comNouveau Monde Graphite Secures Multiyear Offtakes and total US$87.5 Million...February 15, 2024 | finance.yahoo.comMASON RESOURCES CONGRATULATES NOUVEAU MONDE GRAPHITE FOR GROUNDBREAKING ANNOUNCEMENTS SECURING OFFTAKES WITH PANASONIC ENERGY AND GM ALONG WITH STRATEGIC FINANCINGSFebruary 15, 2024 | proactiveinvestors.comNouveau Monde Graphite shares soar on multiyear graphite offtake agreements with GM, Panasonic EnergyFebruary 15, 2024 | prnewswire.comMASON RESOURCES CONGRATULATES NOUVEAU MONDE GRAPHITE FOR GROUNDBREAKING ANNOUNCEMENTS SECURING OFFTAKES WITH PANASONIC ENERGY AND GM ALONG WITH STRATEGIC FINANCINGSFebruary 15, 2024 | reuters.comGM to invest $150 million in Canadian miner, agrees supply dealFebruary 15, 2024 | fr.investing.comPanasonic Energy s'engage dans une entente d'approvisionnement en graphiteFebruary 15, 2024 | fr.investing.comNouveau Monde obtient des investissements importants et des ententes d'écoulementFebruary 15, 2024 | finance.yahoo.comNMG Secures Multiyear Offtakes and total US$87.5 Million Investment from Anchor Customers and Strategic Investors to Underpin its Phase 2 Ore-to-Battery-Material Graphite OperationsFebruary 15, 2024 | finance.yahoo.comNMG Announces Offtake Agreement with GM for Canadian Graphite and US$150 Million Equity InvestmentFebruary 15, 2024 | finance.yahoo.comNMG and Panasonic Energy Announce Binding Offtake Agreement and US$25 Million Private Placement to Secure the Supply of Active Anode Material for North American Battery ProductionFebruary 15, 2024 | businesswire.comNMG and Panasonic Energy Announce Binding Offtake Agreement and US$25 Million Private Placement to Secure the Supply of Active Anode Material for North American Battery ProductionFebruary 15, 2024 | businesswire.comNMG Announces Offtake Agreement with GM for Canadian Graphite and US$150 Million Equity InvestmentFebruary 15, 2024 | businesswire.comNMG Secures Multiyear Offtakes and total US$87.5 Million Investment from Anchor Customers and Strategic Investors to Underpin its Phase 2 Ore-to-Battery-Material Graphite OperationsJanuary 31, 2024 | finance.yahoo.comNMG Announces the Successful Closing of the Previously Announced Acquisition of Mason Resources’ Lac Guéret Graphite Deposit/Uatnan Mining Project – One of the World’s Largest Graphite Projects in DevelopmentSee More Headlines Receive NMG Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Nouveau Monde Graphite and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings3/27/2024Today4/29/2024Next Earnings (Estimated)5/08/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorBasic Materials Industry Miscellaneous metal ores Sub-IndustryN/A Current SymbolNYSE:NMG CUSIPN/A CIK1649752 Webnouveaumonde.group Phone(450) 757-8905FaxN/AEmployeesN/AYear FoundedN/APrice Target and Rating Average Stock Price Target$8.00 High Stock Price Target$8.00 Low Stock Price Target$8.00 Potential Upside/Downside+288.3%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)($0.73) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-41,470,000.00 Net MarginsN/A Pretax MarginN/A Return on Equity-71.87% Return on Assets-33.51% Debt Debt-to-Equity Ratio1.04 Current Ratio3.58 Quick Ratio3.58 Sales & Book Value Annual SalesN/A Price / SalesN/A Cash FlowN/A Price / Cash FlowN/A Book Value$0.66 per share Price / Book3.12Miscellaneous Outstanding Shares67,110,000Free Float51,864,000Market Cap$138.25 million OptionableNot Optionable Beta0.80 5G Stocks: The Path Forward is ProfitableClick the link below and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise. Get This Free Report Key ExecutivesMr. Eric Desaulniers M.Sc.MSc, P.Geo, Founder, President, CEO & DirectorMr. Charles-Olivier Tarte C.M.A.CPA, Chief Financial OfficerMr. Bernard PerronChief Operating OfficerMr. Marc Jasmin CMACPA, Director of Investor RelationsMs. Josee GagnonVP of Legal Affairs & Corporate SecretaryMs. Julie PaquetVice President of Communications & ESG StrategyMr. Patrice BoulangerVice President of Sales, Marketing & Business DevelopmentMr. Philippe LegaultVice President of Human ResourcesMr. Antoine CloutierChief GeologistMathieu BélangerCorporate ControllerMore ExecutivesKey CompetitorsPlatinum Group MetalsNYSE:PLGTRX GoldNYSE:TRXAmerican LithiumNASDAQ:AMLIGrowGenerationNASDAQ:GRWGNorthern Technologies InternationalNASDAQ:NTICView All CompetitorsInstitutional OwnershipRichelieu Gestion SASold 285,453 shares on 4/15/2024Ownership: 0.934%National Bank of Canada FIBought 15,640 shares on 2/6/2024Ownership: 0.196%Van ECK Associates CorpSold 17,040 shares on 2/5/2024Ownership: 0.664%View All Institutional Transactions NMG Stock Analysis - Frequently Asked Questions Should I buy or sell Nouveau Monde Graphite stock right now? 1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Nouveau Monde Graphite in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" NMG shares. View NMG analyst ratings or view top-rated stocks. What is Nouveau Monde Graphite's stock price target for 2024? 1 brokers have issued 12 month price objectives for Nouveau Monde Graphite's shares. Their NMG share price targets range from $8.00 to $8.00. On average, they expect the company's share price to reach $8.00 in the next twelve months. This suggests a possible upside of 292.2% from the stock's current price. View analysts price targets for NMG or view top-rated stocks among Wall Street analysts. How have NMG shares performed in 2024? Nouveau Monde Graphite's stock was trading at $2.61 at the beginning of 2024. Since then, NMG stock has decreased by 21.8% and is now trading at $2.04. View the best growth stocks for 2024 here. Are investors shorting Nouveau Monde Graphite? Nouveau Monde Graphite saw a drop in short interest in the month of April. As of April 15th, there was short interest totaling 402,300 shares, a drop of 18.8% from the March 31st total of 495,300 shares. Based on an average trading volume of 189,200 shares, the short-interest ratio is presently 2.1 days. Currently, 1.0% of the company's stock are short sold. View Nouveau Monde Graphite's Short Interest. When is Nouveau Monde Graphite's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024. View our NMG earnings forecast. How were Nouveau Monde Graphite's earnings last quarter? Nouveau Monde Graphite Inc. (NYSE:NMG) posted its quarterly earnings results on Wednesday, March, 27th. The company reported ($0.20) earnings per share for the quarter, missing the consensus estimate of ($0.17) by $0.03. Who are Nouveau Monde Graphite's major shareholders? Nouveau Monde Graphite's stock is owned by many different institutional and retail investors. Top institutional investors include Richelieu Gestion SA (0.93%). How do I buy shares of Nouveau Monde Graphite? Shares of NMG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NYSE:NMG) was last updated on 4/29/2024 by MarketBeat.com Staff From Our PartnersConflict In Israel Sends Gold Soaring ???? Here’s How To Get Your ShareColonial MetalsThe Best AI Stock to Own in the World Today is Trading for Just $25Banyan Hill PublishingThe #1 Biotech Stock to Have on Your Radar in 2024… Huge AlertsAI finds its first serious applicationWall Street StarHave You Seen Elon’s New A.I. Device? 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