NYSE:NMG Nouveau Monde Graphite (NMG) Stock Forecast, Price & News $3.29 +0.07 (+2.17%) (As of 06/6/2023 ET) Add Compare Share Share Today's Range$3.24▼$3.4150-Day Range$3.05▼$5.2052-Week Range$3.00▼$6.99Volume152,488 shsAverage Volume67,347 shsMarket Capitalization$200.36 millionP/E RatioN/ADividend YieldN/APrice Target$8.00 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Nouveau Monde Graphite MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside139.5% Upside$8.00 Price TargetShort InterestHealthy0.70% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings GrowthGrowingFrom ($0.58) to ($0.48) Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.89 out of 5 starsBasic Materials Sector97th out of 165 stocksMiscellaneous Metal Ores Industry2nd out of 3 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 2 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $8.00, Nouveau Monde Graphite has a forecasted upside of 139.5% from its current price of $3.34.Amount of Analyst CoverageNouveau Monde Graphite has only been the subject of 1 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted0.70% 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 4.5.Change versus previous monthShort interest in Nouveau Monde Graphite has recently decreased by 3.72%, indicating that investor sentiment is improving. 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 0.6 News and Social Media Coverage Search InterestOnly 4 people have searched for NMG on MarketBeat in the last 30 days. This is a decrease of -56% compared to the previous 30 days.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 1.7 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 InstitutionsOnly 7.95% of the stock of Nouveau Monde Graphite is held by institutions. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Nouveau Monde Graphite are expected to grow in the coming year, from ($0.58) to ($0.48) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Nouveau Monde Graphite is -4.12, 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 -4.12, 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 3.34. 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 About Nouveau Monde Graphite (NYSE:NMG) StockNouveau 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.Read More 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 NMG Stock News HeadlinesMay 25, 2023 | finance.yahoo.comNeiman Marcus Group CEO Geoffroy van Raemdonck Honored at the 74th Annual Parsons BenefitMay 22, 2023 | americanbankingnews.comNouveau Monde Graphite (NYSE:NMG) PT Lowered to $9.00 at HC WainwrightJune 6, 2023 | Behind the Markets (Ad)[BREAKING] New "Living Missile" to Replace Nuclear MissilesCBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!May 11, 2023 | businesswire.comNMG publie son Rapport ESG 2022, présente une mise à jour opérationnelle et annonce son assemblée générale et extraordinaire annuelle des actionnairesMay 4, 2023 | finance.yahoo.comBTV Features: Champion Iron Limited, Defence Therapeutics, Nouveau Monde Graphite, Talisker Resources, Osisko Development & more on FOX Business NewsApril 20, 2023 | finance.yahoo.comCaterpillar and NMG Strengthen their Zero-Exhaust Emission Collaboration Through Definitive Agreements for Sourcing the Matawinie Mine’s Fleet and Infrastructure, Plus an Offtake MoU Targeting NMG’s Battery MaterialsApril 17, 2023 | finance.yahoo.comNMG Announces Closing of US$22 Million Public Offering of Common Shares in the United States and CanadaApril 12, 2023 | finance.yahoo.comNMG Announces US$22 Million FinancingJune 6, 2023 | Behind the Markets (Ad)[BREAKING] New "Living Missile" to Replace Nuclear MissilesCBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!April 11, 2023 | juniorminingnetwork.comNouveau Monde Graphite Announces US$22 Million FinancingApril 11, 2023 | msn.comNouveau Monde Graphite launches stock offering to raise $22MApril 11, 2023 | finance.yahoo.comNouveau Monde Announces US$22 Million FinancingApril 1, 2023 | finance.yahoo.comNMG Pays Accrued InterestsMarch 31, 2023 | msn.comHydro-Québec renvoyée à la table à dessin à Saint-ZénonMarch 26, 2023 | businesswire.comNMG Provides Operational Update and Files 2022 Financial Reports: Progress in Developing what is Planned to Be North America’s Largest Integrated Source of Natural Graphite ...March 24, 2023 | finance.yahoo.comNMG Provides Operational Update and Files 2022 Financial Reports: Progress in Developing what is Planned to Be North America’s Largest Integrated Source of Natural Graphite Materials for the Energy TransitionMarch 23, 2023 | americanbankingnews.comNouveau Monde Graphite (NYSE:NMG) Stock Rating Reaffirmed by B. RileyMarch 23, 2023 | americanbankingnews.comNouveau Monde Graphite Inc. (NYSE:NMG) to Post FY2022 Earnings of ($0.72) Per Share, B. Riley ForecastsMarch 22, 2023 | americanbankingnews.comNouveau Monde Graphite (NMG) to Release Quarterly Earnings on ThursdayFebruary 27, 2023 | finance.yahoo.comNMG Files Preliminary Economic Assessment for the Uatnan Mining Project Amidst Positive Market Conditions and Strengthens its Management TeamFebruary 10, 2023 | finance.yahoo.comNMG Obtains Financial Levers of Up to CA$3.6 Million to Further Develop its Advanced Transformation Processes for Environmentally Friendly Anode MaterialJanuary 10, 2023 | finance.yahoo.comNMG 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 BillionJanuary 2, 2023 | financialpost.comNMG Capitalizes Accrued InterestsNovember 11, 2022 | finance.yahoo.comNMG 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 DirectorsNovember 8, 2022 | finance.yahoo.comNMG Announces the Closing of US$50 Million Private Placement by Mitsui, Pallinghurst and Investissement QuébecOctober 20, 2022 | msn.comNouveau Monde Graphite s’allie à Panasonic Energy et MitsuiOctober 20, 2022 | finance.yahoo.comNMG, 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 QuébecSee More Headlines NMG Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart NMG Company Calendar Last Earnings3/23/2023Today6/06/2023Next Earnings (Estimated)8/09/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Miscellaneous metal ores Sub-IndustryN/A SectorBasic Materials Current SymbolNYSE:NMG CUSIPN/A CIK1649752 Webnouveaumonde.group Phone(450) 757-8905FaxN/AEmployeesN/AYear FoundedN/APrice Target and Rating Average Stock Price Forecast$8.00 High Stock Price Forecast$9.00 Low Stock Price Forecast$7.00 Forecasted Upside/Downside+141.7%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)($0.81) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-36,700,000.00 Net MarginsN/A Pretax MarginN/A Return on Equity-65.39% Return on Assets-37.72% Debt Debt-to-Equity Ratio1.45 Current Ratio3.99 Quick Ratio3.99 Sales & Book Value Annual SalesN/A Price / SalesN/A Cash FlowN/A Price / Cash FlowN/A Book Value$1.00 per share Price / Book3.31Miscellaneous Outstanding Shares60,900,000Free Float47,067,000Market Cap$201.58 million OptionableNot Optionable Beta0.74 Key ExecutivesÉric DesaulniersPresident, Chief Executive Officer & DirectorBernard PerronChief Operating OfficerCharles-Olivier TarteChief Financial OfficerMartin BrassardDirector-Research & DevelopmentAntoine CloutierChief GeologistKey CompetitorsTMC the metalsNASDAQ:TMCU.S. GoldMiningNASDAQ:USGOVizsla SilverNYSE:VZLAMesabi TrustNYSE:MSBGrowGenerationNASDAQ:GRWGView All CompetitorsInstitutional OwnershipSusquehanna International Group LLPBought 35,113 shares on 5/16/2023Ownership: 0.058%Jane Street Group LLCBought 11,196 shares on 5/16/2023Ownership: 0.018%Williams Jones Wealth Management LLC.Bought 45,500 shares on 5/15/2023Ownership: 0.218%Richelieu Gestion PLCBought 109,941 shares on 5/10/2023Ownership: 0.996%Russell Investments Group Ltd.Bought 3,519 shares on 5/9/2023Ownership: 0.306%View All Institutional Transactions NMG Stock - Frequently Asked Questions Should I buy or sell Nouveau Monde Graphite stock right now? 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Nouveau Monde Graphite in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street 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? 2 equities research analysts have issued twelve-month price targets for Nouveau Monde Graphite's stock. Their NMG share price forecasts range from $7.00 to $9.00. On average, they predict the company's stock price to reach $8.00 in the next twelve months. This suggests a possible upside of 141.7% 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 the year. Since then, NMG stock has decreased by 13.4% and is now trading at $3.31. 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 Wednesday, August 9th 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 Thursday, March, 23rd. The company reported ($0.10) earnings per share for the quarter, topping analysts' consensus estimates of ($0.16) by $0.06. 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 institutional and retail investors. Top institutional investors include Richelieu Gestion PLC (1.00%), Van ECK Associates Corp (0.74%), Russell Investments Group Ltd. (0.31%), Williams Jones Wealth Management LLC. (0.22%), Boston Partners (0.10%) and Susquehanna International Group LLP (0.06%). 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 $3.31. How much money does Nouveau Monde Graphite make? Nouveau Monde Graphite (NYSE:NMG) has a market capitalization of $201.58 million. The company earns $-36,700,000.00 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 6/6/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Nouveau Monde Graphite Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.