Its valuation is considered fairly valued, Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at max_target_price.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Nouveau Monde Graphite Inc's Score
Industry at a Glance
Industry Ranking
98 / 140
Overall Ranking
430 / 4682
Industry
Metals & Mining
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Analyst Rating
Based on
2
analysts
Buy
Current Rating
6.100
Target Price
+96.14%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Nouveau Monde Graphite Inc Highlights
StrengthsRisks
Nouveau Monde Graphite Inc. is a Canada-based integrated company. The Company is engaged in developing responsible mining and advanced processing operations to supply the global economy with carbon-neutral active anode material to power electric vehicle (EV) and renewable energy storage systems. The Company is developing a fully integrated ore-to-battery-material source of graphite-based active anode material in Quebec, Canada. It is advancing the development of its Matawinie graphite property, in which the Company has a 100% interest, to produce about 106,000 tons per annum (tpa) of graphite concentrate. The Becancour Battery Material Plant is approximately 150 kilometers (km) northeast of Montreal on the Saint Lawrence River. Its Uatnan Mining Project is located in the Cote-Nord administrative region, Quebec, Canada, approximately 220 km as the crow flies, north northwest of the closest community, the city of Baie-Comeau.
High Profit Growth
The company's net income leads the industry, with the latest annual income totaling USD 0.00.
Overvalued
The company’s latest PB is 4.58, at a high 3-year percentile range.
Institutional Selling
The latest institutional holdings are 29.18M shares, decreasing 3.07% quarter-over-quarter.
Nouveau Monde Graphite Inc. is a Canada-based integrated company. The Company is engaged in developing responsible mining and advanced processing operations to supply the global economy with carbon-neutral active anode material to power electric vehicle (EV) and renewable energy storage systems. The Company is developing a fully integrated ore-to-battery-material source of graphite-based active anode material in Quebec, Canada. It is advancing the development of its Matawinie graphite property, in which the Company has a 100% interest, to produce about 106,000 tons per annum (tpa) of graphite concentrate. The Becancour Battery Material Plant is approximately 150 kilometers (km) northeast of Montreal on the Saint Lawrence River. Its Uatnan Mining Project is located in the Cote-Nord administrative region, Quebec, Canada, approximately 220 km as the crow flies, north northwest of the closest community, the city of Baie-Comeau.
Ticker SymbolNMG
CompanyNouveau Monde Graphite Inc
CEODesaulniers (Eric)
Websitehttps://nmg.com/
FAQs
What is the current price of Nouveau Monde Graphite Inc (NMG)?
The current price of Nouveau Monde Graphite Inc (NMG) is 2.920.
What is the symbol of Nouveau Monde Graphite Inc?
The ticker symbol of Nouveau Monde Graphite Inc is NMG.
What is the 52-week high of Nouveau Monde Graphite Inc?
The 52-week high of Nouveau Monde Graphite Inc is 7.960.
What is the 52-week low of Nouveau Monde Graphite Inc?
The 52-week low of Nouveau Monde Graphite Inc is 1.820.
What is the market capitalization of Nouveau Monde Graphite Inc?
The market capitalization of Nouveau Monde Graphite Inc is 445.01M.
What is the net income of Nouveau Monde Graphite Inc?
The net income of Nouveau Monde Graphite Inc is -73.28M.
Is Nouveau Monde Graphite Inc (NMG) currently rated as Buy, Hold, or Sell?
According to analysts, Nouveau Monde Graphite Inc (NMG) has an overall rating of Buy, with a price target of 6.100.
What is the Earnings Per Share (EPS TTM) of Nouveau Monde Graphite Inc (NMG)?
The Earnings Per Share (EPS TTM) of Nouveau Monde Graphite Inc (NMG) is -0.649.