Its valuation is considered fairly valued,and institutional recognition is very high. Over the past 30 days, multiple analysts have rated the company as a Buy. The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Nouveau Monde Graphite Inc's Score
Industry at a Glance
Industry Ranking
98 / 140
Overall Ranking
425 / 4683
Industry
Metals & Mining
Support & Resistance
No Data
Score Analysis
Current score
Previous score
Analyst Rating
Based on
2
analysts
Buy
Current Rating
6.100
Target Price
+108.90%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Nouveau Monde Graphite Inc Highlights
StrengthsRisks
Nouveau Monde Graphite Inc. is a Canada-based company, which is specialized in the exploration, evaluation and development of mineral properties located in Quebec. It is focused on developing a fully integrated source of carbon-neutral battery anode material in Quebec, Canada. The Company’s projects include Phase-2 Matawinie Mine, Becancour Battery Material Plant projects and Lac Gueret property. The Company owns a 100% interest in the Matawinie graphite property located in Saint-Michel-des-Saints, 150 kilometers (km) north of Montreal, Quebec. The project produces approximately 103,328 tons per annum (tpa) of high-purity flake graphite concentrate. Its Battery Materials Plant projects is located in an industrial park and near a shipping port in Becancour, Quebec, approximately 150 km northeast of Montreal, on the Saint Lawrence River. The Company owns the 100% of the rights to the Lac Gueret property, which consists of 74 map-designated claims totaling 3,999.52 hectares.
High Profit Growth
The company's net income leads the industry, with the latest annual income totaling USD 0.00.
Overvalued
The company’s latest PB is 4.90, at a high 3-year percentile range.
Institutional Selling
The latest institutional holdings are 29.18M shares, decreasing 3.07% quarter-over-quarter.
Nouveau Monde Graphite Inc. is a Canada-based company, which is specialized in the exploration, evaluation and development of mineral properties located in Quebec. It is focused on developing a fully integrated source of carbon-neutral battery anode material in Quebec, Canada. The Company’s projects include Phase-2 Matawinie Mine, Becancour Battery Material Plant projects and Lac Gueret property. The Company owns a 100% interest in the Matawinie graphite property located in Saint-Michel-des-Saints, 150 kilometers (km) north of Montreal, Quebec. The project produces approximately 103,328 tons per annum (tpa) of high-purity flake graphite concentrate. Its Battery Materials Plant projects is located in an industrial park and near a shipping port in Becancour, Quebec, approximately 150 km northeast of Montreal, on the Saint Lawrence River. The Company owns the 100% of the rights to the Lac Gueret property, which consists of 74 map-designated claims totaling 3,999.52 hectares.