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The Real Reason They Murdered JFK? (Ad)
Stock market today: European shares gain and Asian shares are mixed, with Chinese markets on holiday
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This Stock Could Go Up 66% or More. (Ad)
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A 73-Year-Old Market Signal With 95% Accuracy Just Flashed (Ad)
3 Intriguing ETFs Trading Under $10 a Share
Energy Stocks Shine as High Oil Prices Boost Dividend Yields
S&P 500   4,299.70
DOW   33,666.34
QQQ   358.01
Can Undervalued Healthcare Stocks Add Yield To Your Portfolio?
The Real Reason They Murdered JFK? (Ad)
Stock market today: European shares gain and Asian shares are mixed, with Chinese markets on holiday
Low Beta Stocks To Offset A Possible Hard Landing
This Stock Could Go Up 66% or More. (Ad)
5 Cheap Ways to Ride The AI Supercycle to Profits
Nursing Home REITs: The Surprise Heroes of High Yield Investing
A 73-Year-Old Market Signal With 95% Accuracy Just Flashed (Ad)
3 Intriguing ETFs Trading Under $10 a Share
Energy Stocks Shine as High Oil Prices Boost Dividend Yields
S&P 500   4,299.70
DOW   33,666.34
QQQ   358.01
Can Undervalued Healthcare Stocks Add Yield To Your Portfolio?
The Real Reason They Murdered JFK? (Ad)
Stock market today: European shares gain and Asian shares are mixed, with Chinese markets on holiday
Low Beta Stocks To Offset A Possible Hard Landing
This Stock Could Go Up 66% or More. (Ad)
5 Cheap Ways to Ride The AI Supercycle to Profits
Nursing Home REITs: The Surprise Heroes of High Yield Investing
A 73-Year-Old Market Signal With 95% Accuracy Just Flashed (Ad)
3 Intriguing ETFs Trading Under $10 a Share
Energy Stocks Shine as High Oil Prices Boost Dividend Yields
NYSE:NMG

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

$2.42
+0.14 (+6.14%)
(As of 09/28/2023 ET)
Compare
Today's Range
$2.30
$2.45
50-Day Range
$2.28
$3.12
52-Week Range
$2.25
$5.97
Volume
35,267 shs
Average Volume
55,856 shs
Market Capitalization
$147.38 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$8.00

Nouveau Monde Graphite MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
230.6% Upside
$8.00 Price Target
Short Interest
Healthy
0.40% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.64) to ($0.49) Per Share

Overall MarketRank

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

2.44 out of 5 stars

Basic Materials Sector

62nd out of 166 stocks

Miscellaneous Metal Ores Industry

1st out of 4 stocks


NMG stock logo

About Nouveau Monde Graphite (NYSE:NMG) Stock

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.

NMG Price History

NMG Stock News Headlines

NMG - Nouveau Monde Graphite Inc.
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NMG Announces US$22 Million Financing
Nouveau Monde Graphite Announces US$22 Million Financing
Nouveau Monde Announces US$22 Million Financing
NMG Pays Accrued Interests
NMG Capitalizes Accrued Interests
See More Headlines
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NMG Company Calendar

Last Earnings
8/10/2023
Today
9/29/2023
Next Earnings (Estimated)
11/10/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Miscellaneous metal ores
Sub-Industry
N/A
Fax
N/A
Employees
N/A
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$8.00
High Stock Price Forecast
$9.00
Low Stock Price Forecast
$7.00
Forecasted Upside/Downside
+230.6%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$-36,700,000.00
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
N/A
Book Value
$1.00 per share

Miscellaneous

Free Float
47,067,000
Market Cap
$147.38 million
Optionable
Not Optionable
Beta
0.68
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Key Executives

  • Mr. Eric Desaulniers M.Sc.
    MSc, P.Geo, Founder, Pres, CEO & Director
  • Mr. Charles-Olivier Tarte C.M.A.
    CPA, Chief Financial Officer
  • Mr. Bernard Perron
    Chief Operating Officer
  • Mr. Marc Jasmin CMA
    CPA, Director of Investor Relations
  • Ms. Josee Gagnon
    VP of Legal Affairs & Corp. Sec.
  • Ms. Julie Paquet
    VP of Communications & ESG Strategy
  • Mr. Patrice Boulanger
    VP of Sales, Marketing & Bus. Devel.
  • Mr. Philippe Legault
    VP of HR
  • Mr. Antoine Cloutier
    Chief Geologist
  • Mathieu Bélanger
    Corp. Controller













NMG Stock - Frequently Asked Questions

Should I buy or sell Nouveau Monde Graphite stock right now?

2 Wall Street equities research 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 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 forecast for 2023?

2 brokers have issued 1-year target prices for Nouveau Monde Graphite's shares. 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 year. This suggests a possible upside of 230.6% 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 on January 1st, 2023. Since then, NMG shares have decreased by 36.6% and is now trading at $2.42.
View the best growth stocks for 2023 here
.

Are investors shorting Nouveau Monde Graphite?

Nouveau Monde Graphite saw a drop in short interest in September. As of September 15th, there was short interest totaling 169,100 shares, a drop of 14.2% from the August 31st total of 197,100 shares. Based on an average daily trading volume, of 57,100 shares, the days-to-cover ratio is presently 3.0 days. Approximately 0.4% 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 Friday, November 10th 2023.
View our NMG earnings forecast
.

How were Nouveau Monde Graphite's earnings last quarter?

Nouveau Monde Graphite Inc. (NYSE:NMG) issued its earnings results on Thursday, August, 10th. The company reported ($0.01) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.12) by $0.11.

What is Nouveau Monde Graphite's stock symbol?

Nouveau Monde Graphite trades on the New York Stock Exchange (NYSE) under the ticker symbol "NMG."

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 $2.42.

How much money does Nouveau Monde Graphite make?

Nouveau Monde Graphite (NYSE:NMG) has a market capitalization of $147.38 million. The company earns $-36,700,000.00 in net income (profit) each year or ($0.62) 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 9/29/2023 by MarketBeat.com Staff

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