Free Trial
NYSE:NMG

Nouveau Monde Graphite (NMG) Stock Price, News & Analysis

Nouveau Monde Graphite logo
$1.42
-0.02 (-1.39%)
(As of 10/31/2024 ET)

About Nouveau Monde Graphite Stock (NYSE:NMG)

Key Stats

Today's Range
$1.41
$1.44
50-Day Range
$1.36
$1.71
52-Week Range
$1.24
$3.13
Volume
45,188 shs
Average Volume
91,511 shs
Market Capitalization
$159.86 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$3.00
Consensus Rating
Buy

Company Overview

Nouveau Monde Graphite Inc. engages in the acquisition, exploration, development, and evaluation of mineral properties in Quebec, Canada. It primarily explores for graphite. The company's flagship property is the 100% owned Matawinie graphite property including 176 mining claims covering an area of 9,264 hectares located in Quebec. It also involved in the real estate and trading activities. 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.

Nouveau Monde Graphite Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
52nd Percentile Overall Score

NMG MarketRank™: 

Nouveau Monde Graphite scored higher than 52% of companies evaluated by MarketBeat, and ranked 128th out of 190 stocks in the basic materials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Nouveau 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 Coverage

    Nouveau Monde Graphite has only been the subject of 1 research reports in the past 90 days.

  • Read more about Nouveau Monde Graphite's stock forecast and price target.
  • Earnings Growth

    Earnings for Nouveau Monde Graphite are expected to grow in the coming year, from ($0.52) to ($0.27) per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Nouveau Monde Graphite is -1.82, 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. Sector

    The P/E ratio of Nouveau Monde Graphite is -1.82, 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 Ratio

    Nouveau Monde Graphite has a P/B Ratio of 2.15. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about Nouveau Monde Graphite's valuation and earnings.
  • Percentage of Shares Shorted

    0.70% of the float of Nouveau Monde Graphite has been sold short.
  • Short Interest Ratio / Days to Cover

    Nouveau Monde Graphite has a short interest ratio ("days to cover") of 6.6.
  • Change versus previous month

    Short interest in Nouveau Monde Graphite has recently decreased by 0.12%, indicating that investor sentiment is improving.
  • Dividend Yield

    Nouveau Monde Graphite does not currently pay a dividend.

  • Dividend Growth

    Nouveau Monde Graphite does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    0.70% of the float of Nouveau Monde Graphite has been sold short.
  • Short Interest Ratio / Days to Cover

    Nouveau Monde Graphite has a short interest ratio ("days to cover") of 6.6.
  • Change versus previous month

    Short interest in Nouveau Monde Graphite has recently decreased by 0.12%, indicating that investor sentiment is improving.
  • News Coverage This Week

    MarketBeat has tracked 1 news article for Nouveau Monde Graphite this week, compared to 1 article on an average week.
  • Search Interest

    1 people have searched for NMG on MarketBeat in the last 30 days.
  • MarketBeat Follows

    2 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.
  • Insider Buying vs. Insider Selling

    In the past three months, Nouveau Monde Graphite insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    22.72% 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 Institutions

    41.09% 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.

  • Read more about Nouveau Monde Graphite's insider trading history.
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.

NMG Stock News Headlines

Nouveau Monde Graphite Inc. (NOU.V)
Protect Your Bank Account with THESE 4 Simple Steps
Starting as soon as a few months from now, the United States government will make a sweeping change to bank accounts nationwide. It will give them unprecedented powers to control your bank account.
Nouveau Monde Graphite Inc. (NM9A.F)
See More Headlines

NMG Stock Analysis - Frequently Asked Questions

Nouveau Monde Graphite's stock was trading at $2.61 at the beginning of the year. Since then, NMG shares have decreased by 45.6% and is now trading at $1.42.
View the best growth stocks for 2024 here
.

Nouveau Monde Graphite Inc. (NYSE:NMG) released its earnings results on Wednesday, August, 14th. The company reported ($0.07) earnings per share for the quarter, topping the consensus estimate of ($0.10) by $0.03.

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.

Based on aggregate information from My MarketBeat watchlists, some other companies that Nouveau Monde Graphite investors own include Schwab US Large-Cap ETF (SCHX), NVIDIA (NVDA), Taiwan Semiconductor Manufacturing (TSM), Moderna (MRNA), Advanced Micro Devices (AMD), Comcast (CMCSA) and 3D Systems (DDD).

Company Calendar

Last Earnings
8/14/2024
Today
10/31/2024
Next Earnings (Estimated)
11/13/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Miscellaneous metal ores
Sub-Industry
Non-Metallic And Industrial Metal Mining
Fax
N/A
Employees
122
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$3.00
High Stock Price Target
$3.00
Low Stock Price Target
$3.00
Potential Upside/Downside
+111.3%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$-41,470,000.00
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
N/A
Book Value
$0.66 per share

Miscellaneous

Free Float
87,001,000
Market Cap
$159.86 million
Optionable
Not Optionable
Beta
0.84
20 Stocks to Sell Now Cover

MarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.

Get This Free Report

This page (NYSE:NMG) was last updated on 10/31/2024 by MarketBeat.com Staff
From Our Partners