Nouveau Monde Graphite (NMG) to Release Earnings on Tuesday

Nouveau Monde Graphite (NYSE:NMG) is projected to release its Q1 2025 earnings data before the market opens on Tuesday, May 13th. Analysts expect Nouveau Monde Graphite to post earnings of ($0.04) per share for the quarter.

Nouveau Monde Graphite (NYSE:NMG) last posted its quarterly earnings results on Monday, March 31st. The company reported ($0.14) EPS for the quarter, missing analysts’ consensus estimates of ($0.06) by ($0.08). On average, analysts expect Nouveau Monde Graphite to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Nouveau Monde Graphite Trading Down 0.3%

NYSE:NMG opened at $1.81 on Monday. The company has a fifty day moving average of $1.62 and a 200 day moving average of $1.65. Nouveau Monde Graphite has a 52 week low of $1.22 and a 52 week high of $2.57. The company has a quick ratio of 1.74, a current ratio of 1.74 and a debt-to-equity ratio of 0.02. The firm has a market capitalization of $203.21 million, a P/E ratio of -2.82 and a beta of 0.74.

Analysts Set New Price Targets

A number of research firms recently commented on NMG. Roth Mkm lowered their price target on shares of Nouveau Monde Graphite from $3.00 to $2.40 and set a “buy” rating for the company in a report on Wednesday, March 26th. HC Wainwright reduced their price objective on shares of Nouveau Monde Graphite from $3.00 to $2.75 and set a “buy” rating on the stock in a research report on Tuesday, April 1st.

Nouveau Monde Graphite Company Profile

Nouveau Monde Graphite Inc engages in the acquisition, exploration, development, and evaluation of mineral properties in Quebec, Canada. It primarily explores for graphite. The company’s flagship property is the 100% owned Matawinie graphite property including 176 mining claims covering an area of 9,264 hectares located in Quebec.