NYSE:NMG

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

$2.05
-0.01 (-0.49%)
(As of 05/10/2024 ET)
Today's Range
$2.05
$2.08
50-Day Range
$1.95
$2.45
52-Week Range
$1.85
$3.80
Volume
31,093 shs
Average Volume
83,814 shs
Market Capitalization
$137.58 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
290.2% Upside
$8.00 Price Target
Short Interest
Healthy
0.78% 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

93rd out of 173 stocks

Miscellaneous Metal Ores Industry

3rd out of 5 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

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Company Calendar

Last Earnings
3/27/2024
Today
5/12/2024
Next Earnings (Estimated)
5/15/2024
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
+290.2%
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
$137.58 million
Optionable
Not Optionable
Beta
0.83
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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 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 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 brokers have issued 1-year price objectives for Nouveau Monde Graphite's shares. Their NMG share price targets range from $8.00 to $8.00. On average, they anticipate the company's share price to reach $8.00 in the next twelve months. This suggests a possible upside of 290.2% 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 at the beginning of 2024. Since then, NMG stock has decreased by 21.5% and is now trading at $2.05.
View the best growth stocks for 2024 here
.

Are investors shorting Nouveau Monde Graphite?

Nouveau Monde Graphite saw a decline in short interest in April. As of April 30th, there was short interest totaling 322,200 shares, a decline of 19.9% from the April 15th total of 402,300 shares. Based on an average trading volume of 190,200 shares, the short-interest ratio is currently 1.7 days. Approximately 0.8% of the company's stock 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 15th 2024.
View our NMG earnings forecast
.

How were Nouveau Monde Graphite's earnings last quarter?

Nouveau Monde Graphite Inc. (NYSE:NMG) issued its quarterly earnings data on Wednesday, March, 27th. The company reported ($0.20) earnings per share (EPS) for the quarter, missing analysts' consensus estimates 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 investors include General Motors Holdings LLC (18.63%) and 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 5/12/2024 by MarketBeat.com Staff

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