NYSE:NMG

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

$2.11
+0.04 (+1.93%)
(As of 04/26/2024 ET)
Today's Range
$2.10
$2.19
50-Day Range
$1.95
$2.91
52-Week Range
$1.85
$4.12
Volume
97,040 shs
Average Volume
84,545 shs
Market Capitalization
$141.60 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$8.00

Nouveau Monde Graphite MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
279.1% Upside
$8.00 Price Target
Short Interest
Healthy
0.95% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.01 out of 5 stars

Basic Materials Sector

98th out of 173 stocks

Miscellaneous Metal Ores Industry

2nd out of 4 stocks

NMG stock logo

About Nouveau Monde Graphite Stock (NYSE:NMG)

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 Stock Price History

NMG Stock News Headlines

NMG Pays Accrued Interests and Grants Options
The “Next Bitcoin”? 10 CENT Crypto Set to Explode
The man who bought Bitcoin and Ethereum in 2017… and has spotted 44 different coins that have returned over 100%... Is now exposing a 10-cent coin that just partnered with Amazon…
NMG Apr 2024 2.500 call
The “Next Bitcoin”? 10 CENT Crypto Set to Explode
The man who bought Bitcoin and Ethereum in 2017… and has spotted 44 different coins that have returned over 100%... Is now exposing a 10-cent coin that just partnered with Amazon…
Nouveau Monde Graphite Inc
See More Headlines
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Company Calendar

Last Earnings
3/27/2024
Today
4/27/2024
Next Earnings (Estimated)
5/08/2024
Fiscal Year End
12/31/2024

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 Target
$8.00
High Stock Price Target
$8.00
Low Stock Price Target
$8.00
Potential Upside/Downside
+279.1%
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
51,864,000
Market Cap
$141.60 million
Optionable
Not Optionable
Beta
0.80
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Key Executives

  • Mr. Eric Desaulniers M.Sc.
    MSc, P.Geo, Founder, President, 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 & Corporate Secretary
  • Ms. Julie Paquet
    Vice President of Communications & ESG Strategy
  • Mr. Patrice Boulanger
    Vice President of Sales, Marketing & Business Development
  • Mr. Philippe Legault
    Vice President of Human Resources
  • Mr. Antoine Cloutier
    Chief Geologist
  • Mathieu Bélanger
    Corporate Controller

NMG Stock Analysis - Frequently Asked Questions

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

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Nouveau Monde Graphite in the last twelve months. There are currently 1 buy rating 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 target for 2024?

1 Wall Street analysts have issued twelve-month target prices for Nouveau Monde Graphite's shares. Their NMG share price targets range from $8.00 to $8.00. On average, they expect the company's share price to reach $8.00 in the next year. This suggests a possible upside of 279.1% 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 2024?

Nouveau Monde Graphite's stock was trading at $2.61 on January 1st, 2024. Since then, NMG shares have decreased by 19.2% and is now trading at $2.11.
View the best growth stocks for 2024 here
.

Are investors shorting Nouveau Monde Graphite?

Nouveau Monde Graphite saw a drop in short interest in the month of April. As of April 15th, there was short interest totaling 402,300 shares, a drop of 18.8% from the March 31st total of 495,300 shares. Based on an average daily trading volume, of 189,200 shares, the days-to-cover ratio is presently 2.1 days. Currently, 1.0% of the company's shares are sold short.
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 Wednesday, May 8th 2024.
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 Wednesday, March, 27th. The company reported ($0.20) earnings per share for the quarter, missing the consensus estimate of ($0.17) by $0.03.

Who are Nouveau Monde Graphite's major shareholders?

Nouveau Monde Graphite's stock is owned by many different retail and institutional investors. Top institutional shareholders include Richelieu Gestion SA (0.93%).

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:NMG) was last updated on 4/27/2024 by MarketBeat.com Staff

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