Eric Desaulniers Sells 35,000 Shares of Nouveau Monde Graphite Inc. (CVE:NOU) Stock

Nouveau Monde Graphite Inc. (CVE:NOUGet Free Report) Director Eric Desaulniers sold 35,000 shares of the company’s stock in a transaction dated Thursday, May 16th. The shares were sold at an average price of C$2.80, for a total value of C$98,000.00.

Nouveau Monde Graphite Price Performance

Nouveau Monde Graphite stock opened at C$3.11 on Wednesday. The firm has a market capitalization of C$349.69 million, a P/E ratio of -3.42 and a beta of 1.87. The business has a 50-day moving average of C$2.92 and a 200-day moving average of C$3.21. The company has a current ratio of 1.07, a quick ratio of 1.29 and a debt-to-equity ratio of 72.01. Nouveau Monde Graphite Inc. has a 1 year low of C$2.55 and a 1 year high of C$4.81.

Nouveau Monde Graphite (CVE:NOUGet Free Report) last posted its earnings results on Wednesday, March 27th. The company reported C($0.27) earnings per share for the quarter, missing the consensus estimate of C($0.23) by C($0.04). On average, equities analysts anticipate that Nouveau Monde Graphite Inc. will post -0.46 EPS for the current year.

Nouveau Monde Graphite Company Profile

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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.

Further Reading

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