S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
3 Value Stocks Too Small For Buffett’s Portfolio
Stock market today: Asian shares are mostly higher after another set of Wall St records
Average long-term US mortgage rate falls slightly, easing borrowing costs for home shoppers
Walgreens books hefty charge as the drugstore chain adjusts the value of struggling clinics
How major US stock indexes fared Thursday, 3/28/2024
MillerKnoll, Chemours fall; Verint Systems, RH rise, Thursday, 3/28/2024
Mark Zuckerberg Says This CEO Is the 'Taylor Swift of Tech'
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
3 Value Stocks Too Small For Buffett’s Portfolio
Stock market today: Asian shares are mostly higher after another set of Wall St records
Average long-term US mortgage rate falls slightly, easing borrowing costs for home shoppers
Walgreens books hefty charge as the drugstore chain adjusts the value of struggling clinics
How major US stock indexes fared Thursday, 3/28/2024
MillerKnoll, Chemours fall; Verint Systems, RH rise, Thursday, 3/28/2024
Mark Zuckerberg Says This CEO Is the 'Taylor Swift of Tech'
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
3 Value Stocks Too Small For Buffett’s Portfolio
Stock market today: Asian shares are mostly higher after another set of Wall St records
Average long-term US mortgage rate falls slightly, easing borrowing costs for home shoppers
Walgreens books hefty charge as the drugstore chain adjusts the value of struggling clinics
How major US stock indexes fared Thursday, 3/28/2024
MillerKnoll, Chemours fall; Verint Systems, RH rise, Thursday, 3/28/2024
Mark Zuckerberg Says This CEO Is the 'Taylor Swift of Tech'
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
3 Value Stocks Too Small For Buffett’s Portfolio
Stock market today: Asian shares are mostly higher after another set of Wall St records
Average long-term US mortgage rate falls slightly, easing borrowing costs for home shoppers
Walgreens books hefty charge as the drugstore chain adjusts the value of struggling clinics
How major US stock indexes fared Thursday, 3/28/2024
MillerKnoll, Chemours fall; Verint Systems, RH rise, Thursday, 3/28/2024
Mark Zuckerberg Says This CEO Is the 'Taylor Swift of Tech'
NYSE:NMG

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

$2.29
+0.12 (+5.53%)
(As of 03/28/2024 ET)
Today's Range
$2.19
$2.34
50-Day Range
$1.90
$2.91
52-Week Range
$1.85
$5.40
Volume
123,515 shs
Average Volume
75,642 shs
Market Capitalization
$153.68 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
249.3% Upside
$8.00 Price Target
Short Interest
Healthy
4.80% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.74mentions of Nouveau Monde Graphite in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.67) to ($0.31) Per Share

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.

3.08 out of 5 stars

Basic Materials Sector

79th out of 171 stocks

Miscellaneous Metal Ores Industry

1st 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

Central Banks Preparing for US Dollar Collapse?
China is spearheading this blatant de-dollarization push, dominating the physical gold market through massive central bank buying. Their ultimate goal? Ditching the greenback in favor of local BRICS currencies.
NMG Apr 2024 2.500 call
Nouveau Monde Graphite Inc
Central Banks Preparing for US Dollar Collapse?
China is spearheading this blatant de-dollarization push, dominating the physical gold market through massive central bank buying. Their ultimate goal? Ditching the greenback in favor of local BRICS currencies.
See More Headlines
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Company Calendar

Last Earnings
11/08/2023
Today
3/29/2024
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
+249.3%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 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
51,864,000
Market Cap
$153.68 million
Optionable
Not Optionable
Beta
0.82
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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 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 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 analysts have issued 12 month price targets 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 stock price to reach $8.00 in the next twelve months. This suggests a possible upside of 249.3% 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 stock has decreased by 12.3% and is now trading at $2.29.
View the best growth stocks for 2024 here
.

Are investors shorting Nouveau Monde Graphite?

Nouveau Monde Graphite saw a increase in short interest in February. As of February 29th, there was short interest totaling 882,300 shares, an increase of 67.7% from the February 14th total of 526,100 shares. Based on an average daily trading volume, of 196,700 shares, the short-interest ratio is presently 4.5 days. Approximately 5.2% of the shares of the 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 8th 2024.
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 Wednesday, November, 8th. The company reported ($0.19) EPS for the quarter, missing analysts' consensus estimates of ($0.14) by $0.05.

Who are Nouveau Monde Graphite's major shareholders?

Nouveau Monde Graphite's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Richelieu Gestion SA (1.50%), Van ECK Associates Corp (0.66%), National Bank of Canada FI (0.20%), Kestra Advisory Services LLC (0.11%), Virtu Financial LLC (0.04%) and Wolverine Trading LLC (0.02%).

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 3/29/2024 by MarketBeat.com Staff

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