NanoXplore Inc. (TSE:GRA) Expected to Earn Q1 2024 Earnings of ($0.01) Per Share

NanoXplore Inc. (TSE:GRA) – Analysts at Raymond James issued their Q1 2024 earnings per share estimates for NanoXplore in a research note issued on Tuesday, September 12th. Raymond James analyst M. Glen forecasts that the company will post earnings of ($0.01) per share for the quarter. The consensus estimate for NanoXplore’s current full-year earnings is $0.02 per share. Raymond James also issued estimates for NanoXplore’s Q2 2024 earnings at ($0.01) EPS, Q3 2024 earnings at ($0.01) EPS and Q4 2024 earnings at ($0.01) EPS.

Separately, B. Riley reiterated a “buy” rating on shares of NanoXplore in a research report on Friday, June 16th.

NanoXplore Stock Down 2.3 %

Shares of NanoXplore stock opened at C$3.01 on Thursday. The firm has a market cap of C$509.74 million, a P/E ratio of -34.22 and a beta of 1.14. The business has a 50-day moving average price of C$2.97 and a 200 day moving average price of C$3.48. NanoXplore has a fifty-two week low of C$2.05 and a fifty-two week high of C$4.03. The company has a quick ratio of 2.01, a current ratio of 2.54 and a debt-to-equity ratio of 21.13.

About NanoXplore

NanoXplore Inc, a graphene company, manufactures and supplies graphene powder for use in industrial markets. The company offers graphene-based solutions, including GrapheneBlack powder and graphene-enhanced masterbatch pellets. It also provides standard and custom graphene-enhanced plastic and composite products to customers in transportation, packaging, electronics, and other industrial sectors.