FY2025 Earnings Estimate for NMG Issued By Roth Capital

Nouveau Monde Graphite Inc. (NYSE:NMG) – Investment analysts at Roth Capital decreased their FY2025 earnings estimates for shares of Nouveau Monde Graphite in a research note issued to investors on Wednesday, November 5th. Roth Capital analyst J. Reagor now anticipates that the company will post earnings per share of ($0.32) for the year, down from their previous forecast of ($0.31). Roth Capital currently has a “Buy” rating and a $4.70 target price on the stock. The consensus estimate for Nouveau Monde Graphite’s current full-year earnings is ($0.47) per share. Roth Capital also issued estimates for Nouveau Monde Graphite’s FY2026 earnings at ($0.36) EPS.

Nouveau Monde Graphite (NYSE:NMG) last released its earnings results on Thursday, August 14th. The company reported ($0.10) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.06) by ($0.04).

A number of other analysts have also recently commented on the stock. National Bankshares upgraded shares of Nouveau Monde Graphite to an “outperform” rating in a research note on Monday. Weiss Ratings reiterated a “sell (d-)” rating on shares of Nouveau Monde Graphite in a research note on Wednesday, October 8th. Wall Street Zen downgraded Nouveau Monde Graphite to a “strong sell” rating in a research note on Saturday, November 1st. National Bank Financial raised Nouveau Monde Graphite to a “hold” rating in a report on Thursday, September 11th. Finally, HC Wainwright increased their price target on shares of Nouveau Monde Graphite from $2.75 to $7.50 and gave the stock a “buy” rating in a report on Wednesday, October 15th. Four research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, Nouveau Monde Graphite has an average rating of “Hold” and a consensus target price of $4.87.

Nouveau Monde Graphite Trading Up 4.4%

Shares of NMG opened at $2.61 on Friday. Nouveau Monde Graphite has a fifty-two week low of $1.22 and a fifty-two week high of $6.06. The business has a 50-day moving average of $2.67 and a 200 day moving average of $2.12. The firm has a market cap of $398.51 million, a P/E ratio of -7.45 and a beta of 0.86. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.70 and a current ratio of 1.70.

Institutional Trading of Nouveau Monde Graphite

Large investors have recently modified their holdings of the company. XTX Topco Ltd boosted its holdings in shares of Nouveau Monde Graphite by 100.8% in the second quarter. XTX Topco Ltd now owns 25,522 shares of the company’s stock worth $42,000 after buying an additional 12,811 shares during the last quarter. Arkadios Wealth Advisors bought a new stake in Nouveau Monde Graphite during the first quarter valued at about $45,000. Finally, Brookwood Investment Group LLC purchased a new position in Nouveau Monde Graphite in the 3rd quarter worth approximately $152,000. Institutional investors own 41.09% of the company’s stock.

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.