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B. Riley Comments on NanoXplore Inc.'s FY2024 Earnings (TSE:GRA)

NanoXplore logo with Basic Materials background

NanoXplore Inc. (TSE:GRA - Free Report) - Stock analysts at B. Riley issued their FY2024 earnings per share estimates for NanoXplore in a research report issued to clients and investors on Tuesday, May 21st. B. Riley analyst M. Key anticipates that the company will post earnings per share of ($0.06) for the year. The consensus estimate for NanoXplore's current full-year earnings is $0.02 per share. B. Riley also issued estimates for NanoXplore's Q4 2024 earnings at ($0.01) EPS, FY2025 earnings at ($0.03) EPS and FY2026 earnings at $0.04 EPS.

Separately, Echelon Wealth Partners restated a "speculative buy" rating on shares of NanoXplore in a report on Thursday, February 15th. Five investment analysts have rated the stock with a buy rating, According to data from MarketBeat.com, NanoXplore presently has an average rating of "Buy" and a consensus price target of C$3.75.

Get Our Latest Stock Analysis on GRA

NanoXplore Trading Up 3.3 %

Shares of TSE:GRA traded up C$0.08 during trading on Thursday, hitting C$2.49. The company had a trading volume of 55,172 shares, compared to its average volume of 68,087. The stock has a market cap of C$424.57 million, a price-to-earnings ratio of -35.57 and a beta of 1.32. NanoXplore has a one year low of C$1.87 and a one year high of C$3.57. The company has a fifty day simple moving average of C$2.49 and a two-hundred day simple moving average of C$2.30. The company has a debt-to-equity ratio of 20.38, a current ratio of 2.38 and a quick ratio of 2.01.


Insider Activity

In related news, Senior Officer Pierre-Yves Terrisse bought 10,000 shares of the stock in a transaction dated Thursday, February 29th. The shares were purchased at an average price of C$2.68 per share, for a total transaction of C$26,800.00. Over the last three months, insiders have bought 30,042 shares of company stock valued at $80,468. Company insiders own 29.83% of the company's stock.

About NanoXplore

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NanoXplore Inc, a graphene company, manufactures and supplies graphene powder for use in industrial markets. The company offers graphene-based solutions, including GrapheneBlack powder and graphene-enhanced masterbatch pellets. It provides standard and custom graphene-enhanced plastic and composite products to customers in transportation, packaging, electronics, and other industrial sectors.

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Earnings History and Estimates for NanoXplore (TSE:GRA)

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