NYSE:NMG

Nouveau Monde Graphite - NMG Stock Forecast, Price & News

$4.97

-0.08 (-1.58%)

(As of 01/27/2023 08:55 PM ET)

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Today's Range: $4.92
▼
$5.15
50-Day Range: $3.70
▼
$5.17
52-Week Range: $3.38
▼
$7.76

Volume: 40,300 shs
Average Volume: 38,733 shs
Market Capitalization: $277.67 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $7.00

Institutional Ownership

Nouveau Monde Graphite MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 40.8% Upside
$7.00 Price Target
Short Interest: Bearish
0.71% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($0.67) to $0.16 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.77 out of 5 stars

Basic Materials Sector

123rd out of 160 stocks

Miscellaneous Metal Ores Industry

2nd out of 3 stocks

3.5

Analyst's Opinion

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.
Price Target Upside/Downside
According to analysts' consensus price target of $7.00, Nouveau Monde Graphite has a forecasted upside of 40.8% from its current price of $4.97.
Amount of Analyst Coverage
Nouveau Monde Graphite has received no research coverage in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
0.71% 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 7.9.
Change versus previous month
Short interest in Nouveau Monde Graphite has recently increased by 6.85%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

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.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for NMG.

0.6

News and Social Media Coverage

Search Interest
Only 2 people have searched for NMG on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 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.

1.7

Company Ownership

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
Only 7.95% of the stock of Nouveau Monde Graphite is held by institutions.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Nouveau Monde Graphite are expected to grow in the coming year, from ($0.67) to $0.16 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Nouveau Monde Graphite is -6.14, 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 -6.14, 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 3.25. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Nouveau Monde Graphite (NYSE:NMG) Stock

Nouveau Monde Graphite, Inc. engages in the development of fully-integrated source of green battery anode material. It operates through the Acquisition, Exploration, and Evaluation of Mining Properties; and Transformation of Value-Added Graphite Products segments. The firm focuses on the operations of Matawine Graphite Mine and Advanced Materials Plant. Its solutions include research and development, mine and concentrator, value-added materials, multimodal logistics, and growth markets. The company was founded by Eric Desaulniers on December 31, 2012 and is headquartered in Saint-Michel-des-Saints, Canada.

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NMG Stock News Headlines

January 10, 2023 | finance.yahoo.com

NMG Issues Positive Results of its Preliminary Economic Assessment for the Uatnan Mining Project – One of the World’s Largest Graphite Projects in Development with Indicative NPV in Excess of C$2 Billion

November 11, 2022 | finance.yahoo.com

NMG Reports on Quarter Progress on the Heels of Commercial Partnership with Panasonic Energy and Commencement of Expansion Planning, and Appoints Stephanie Anderson to its Board of Directors

January 30, 2023 | Porter & Company (Ad)

Is This The End of Capitalism?

EXPOSED: The establishment plot to disenfranchise and impoverish millions of Americans…

November 8, 2022 | finance.yahoo.com

NMG Announces the Closing of US$50 Million Private Placement by Mitsui, Pallinghurst and Investissement Québec

October 20, 2022 | msn.com

Nouveau Monde Graphite s’allie à Panasonic Energy et Mitsui

October 20, 2022 | finance.yahoo.com

NMG, Panasonic Energy and Mitsui Announce Offtake and Strategic Partnership Supporting the Supply of Active Anode Material plus US$50 Million Private Placement by Mitsui, Pallinghurst and Investissement Québec

September 28, 2022 | finance.yahoo.com

NMG Strengthens its Management Team with the Addition of Mining Construction, Legal, and Indigenous Relations Expertise as the Company Prepares for its Next Growth Phase

August 11, 2022 | finance.yahoo.com

NMG Provides Quarterly Update as the Company Advances Phases 2 and 3 of Its Growth Plan and Files its Feasibility Study for the Matawinie Mine and Bécancour Battery Material Projects

January 30, 2023 | Porter & Company (Ad)

Is This The End of Capitalism?

EXPOSED: The establishment plot to disenfranchise and impoverish millions of Americans…

August 10, 2022 | finance.yahoo.com

Black Swan Graphene Provides Corporate Update

July 6, 2022 | finance.yahoo.com

NMG Issues Results of Feasibility Study for its Integrated Ore-to-Anode-Material Model Projected to be North America’s Largest Natural Graphite Operation with Attractive Economics

July 5, 2022 | finance.yahoo.com

Leading Independent Proxy Advisors ISS and Glass Lewis Recommend Shareholders Vote “FOR” Agreement with Nouveau Monde Graphite and Change of Business

June 17, 2022 | finance.yahoo.com

NMG Starts Commissioning its Coating Line Completing its Integrated Anode Material Production & Discloses Annual General Meeting Voting Results

June 14, 2022 | finance.yahoo.com

NMG Provides Project Finance Update: Expressions of Interest Received and Appointment of Société Générale as the sole coordinating Mandated Lead Arranger

May 19, 2022 | finance.yahoo.com

NMG Releases 2021 ESG Report and Provides Notice of its Annual General and Special Meeting of Shareholders

May 17, 2022 | markets.businessinsider.com

Mid-Day Market Update: Nasdaq Jumps 200 Points; AutoWeb Shares Slide

March 31, 2022 | finance.yahoo.com

NMG Furthers its Value-Added Graphite Coating Efforts and Obtains Renewed Support from the Government of Canada

March 28, 2022 | finance.yahoo.com

NMG Announces Grant of Stock Options

March 25, 2022 | finance.yahoo.com

NMG Provides a Quarterly Update and Releases its Annual Report – Disciplined Execution of the Company’s Business Plan

March 14, 2022 | finance.yahoo.com

NMG Opens Office in New York and Expands its U.S. and Canadian Investor Relations Commitment Ahead of NYSE Bell Ringing

February 24, 2022 | finance.yahoo.com

NMG Releases its Climate Action Plan – Continued Carbon Neutrality with Successful Transition to Net Zero

February 21, 2022 | finance.yahoo.com

Does Nouveau Monde Graphite (CVE:NOU) Have A Healthy Balance Sheet?

January 19, 2022 | finance.yahoo.com

Nouveau Monde Receives Important A2 Sustainability Rating from Moody’s for its Green "Mine-to-Battery-Materials" Business and Provides a General Business Update

January 10, 2022 | seekingalpha.com

Nouveau Monde names Bernard Perron as COO

December 22, 2021 | finance.yahoo.com

What Type Of Shareholders Make Up Nouveau Monde Graphite Inc.'s (CVE:NOU) Share Registry?

December 22, 2021 | businesswire.com

Nouveau Monde conclut une année productive marquée par des résultats de SPG de qualité batterie pur à 99,99 % et une feuille de route pour le développement intégré de ...

October 28, 2021 | finance.yahoo.com

Nouveau Monde Awarded ‘Entrepreneur of the Year’ by the Québec Mineral Exploration Association, as the Company Commissions its Phase-1 Purification Anode Material Production Facility

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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NMG Company Calendar

Last Earnings: 11/11/2022
Today: 1/29/2023
Next Earnings (Estimated): 3/23/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Miscellaneous metal ores
Sub-Industry: N/A
Sector: Basic Materials
Current Symbol: NYSE:NMG
CUSIP: N/A
CIK: 1649752
Web: nouveaumonde.group
Phone: (450) 757-8905
Fax: N/A
Employees: N/A
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $7.00
High Stock Price Forecast: $7.00
Low Stock Price Forecast: $7.00
Forecasted Upside/Downside: +40.8%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.81)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-31,830,000.00
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: -59.47%
Return on Assets: -48.38%

Debt

Debt-to-Equity Ratio: 0.06
Current Ratio: 1.53
Quick Ratio: 1.53

Sales & Book Value

Annual Sales: N/A
Price / Sales: N/A
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $1.53 per share
Price / Book: 3.25

Miscellaneous

Outstanding Shares: 55,870,000
Free Float: 43,179,000
Market Cap: $277.67 million
Optionable: Not Optionable
Beta: 0.59

Key Executives

Éric Desaulniers
President, Chief Executive Officer & Director

Bernard Perron
Chief Operating Officer

Charles-Olivier Tarte
Chief Financial Officer

Martin Brassard
Director-Research & Development

Antoine Cloutier
Chief Geologist

Key Competitors

View All Competitors

Insiders & Institutions

View All Institutional Transactions

NMG Stock - Frequently Asked Questions

Should I buy or sell Nouveau Monde Graphite stock right now?: 1 Wall Street 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 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 forecast for 2023?: 1 equities research analysts have issued twelve-month target prices for Nouveau Monde Graphite's stock. Their NMG share price forecasts range from $7.00 to $7.00. On average, they anticipate the company's stock price to reach $7.00 in the next twelve months. This suggests a possible upside of 40.8% 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 2023?: Nouveau Monde Graphite's stock was trading at $3.82 at the beginning of 2023. Since then, NMG shares have increased by 30.1% and is now trading at $4.97.
View the best growth stocks for 2023 here.
When is Nouveau Monde Graphite's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, March 23rd 2023.
View our NMG earnings forecast.

How were Nouveau Monde Graphite's earnings last quarter?: Nouveau Monde Graphite Inc. (NYSE:NMG) announced its quarterly earnings data on Friday, November, 11th. The company reported ($0.18) EPS for the quarter, missing analysts' consensus estimates of ($0.13) by $0.05.
What is Nouveau Monde Graphite's stock symbol?: Nouveau Monde Graphite trades on the New York Stock Exchange (NYSE) under the ticker symbol "NMG."
Who are Nouveau Monde Graphite's major shareholders?: Nouveau Monde Graphite's stock is owned by a number of retail and institutional investors. Top institutional shareholders include National Bank of Canada FI (0.16%).
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Nouveau Monde Graphite's stock price today?: One share of NMG stock can currently be purchased for approximately $4.97.
How much money does Nouveau Monde Graphite make?: Nouveau Monde Graphite (NYSE:NMG) has a market capitalization of $277.67 million. The company earns $-31,830,000.00 in net income (profit) each year or ($0.81) on an earnings per share basis.
How can I contact Nouveau Monde Graphite?: The official website for the company is nouveaumonde.group. The company can be reached via phone at (450) 757-8905.

This page (NYSE:NMG) was last updated on 1/30/2023 by MarketBeat.com Staff

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Nouveau Monde Graphite - NMG Stock Forecast, Price & News

Nouveau Monde Graphite MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Nouveau Monde Graphite (NYSE:NMG) Stock

NMG Stock News Headlines

NMG Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

NMG Stock - Frequently Asked Questions

Overall MarketRank^™