Nouveau Monde Graphite Inc. (NMG)

NYSE: NMG · IEX Real-Time Price · USD
2.290
+0.120 (5.53%)
Mar 28, 2024, 4:00 PM EDT - Market closed
5.53%
Market Cap 210.94M
Revenue (ttm) n/a
Net Income (ttm) -55.98M
Shares Out 92.11M
EPS (ttm) -0.93
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 123,525
Open 2.190
Previous Close 2.170
Day's Range 2.190 - 2.340
52-Week Range 1.850 - 5.400
Beta 1.90
Analysts Strong Buy
Price Target 8.00 (+249.35%)
Earnings Date May 8, 2024

About NMG

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. It also engages in the real estate and trading businesses. The company was formerly known as Nouveau Monde Mining Enterprises Inc. and changed its name to Nouveau Monde Graphite Inc. in February 2017. Nouveau Monde Graphite Inc. was founded in 2011 and... [Read more]

Sector Materials
IPO Date Sep 28, 2017
Employees 104
Stock Exchange NYSE
Ticker Symbol NMG
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to one analyst, the rating for NMG stock is "Strong Buy" and the 12-month stock price forecast is $8.0.

Price Target
$8.0
(249.35% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

NMG Provides Commercial and Operational Update upon Filing 2023 Financial Reports: Significant Progress over the Year in Advancing North America's Mine-to-Battery-Material Graphite Production

MONTRÉAL--(BUSINESS WIRE)---- $NMG #ESG--Through its year-end financial reports and 2023 Annual Report, Nouveau Monde Graphite Inc. (“NMG” or the “Company”) (NYSE:NMG, TSXV: NOU) publishes a positive ...

22 hours ago - Business Wire

NMG Announces the Successful Closing of the US$50 Million Tranche 1 Investment by GM and Panasonic

MONTRÉAL--(BUSINESS WIRE)---- $NMG #ESG--Nouveau Monde Graphite Inc. (“NMG“ or the “Company”) (NYSE: NMG, TSX.V: NOU) announces it has closed its private placement previously announced on February 15,...

4 weeks ago - Business Wire

NMG Is Gearing up for Its Phase 2 Commercial Operations in Bécancour – Innovative Workforce Training Program Established and Relationships Forged With Contractors and Suppliers

MONTRÉAL--(BUSINESS WIRE)---- $NMG #ESG--Nouveau Monde Graphite Inc. (“NMG” or the “Company”) (NYSE:NMG, TSXV: NOU) is ramping up its efforts in Bécancour, Québec, to implement its Phase-2 Bécancour B...

4 weeks ago - Business Wire

MASON RESOURCES CONGRATULATES NOUVEAU MONDE GRAPHITE FOR GROUNDBREAKING ANNOUNCEMENTS SECURING OFFTAKES WITH PANASONIC ENERGY AND GM ALONG WITH STRATEGIC FINANCINGS

TORONTO , Feb. 15, 2024 /PRNewswire/ - Mason Resources Inc. ("Mason") (TSXV: LLG) (OTCQX: MGPHF) congratulates Nouveau Monde Graphite Inc. ("NMG") (NYSE: NMG) (TSXV: NOU) on its truly groundbreaking m...

6 weeks ago - PRNewsWire

GM to invest $150 million in Canadian miner, agrees supply deal

Canadian miner Nouveau Monde Graphite said on Thursday it has agreed to sign a multi-year supply agreement with a unit of General Motors and would receive $150 million in equity investment from the au...

Other symbols: GM
6 weeks ago - Reuters

NMG and Panasonic Energy Announce Binding Offtake Agreement and US$25 Million Private Placement to Secure the Supply of Active Anode Material for North American Battery Production

MONTRÉAL--(BUSINESS WIRE)---- $NMG #ESG--Nouveau Monde Graphite Inc. (“NMG“ or the “Company”) (NYSE: NMG, TSX.V: NOU) and Panasonic Energy Co., Ltd. (“Panasonic Energy”), a wholly owned subsidiary of ...

6 weeks ago - Business Wire

NMG Announces Offtake Agreement with GM for Canadian Graphite and US$150 Million Equity Investment

MONTRÉAL--(BUSINESS WIRE)---- $NMG #ESG--Nouveau Monde Graphite Inc. (“NMG“ or the “Company”) (NYSE: NMG, TSX.V: NOU) and General Motors Holdings LLC (“GM”), a wholly owned subsidiary of General Motor...

Other symbols: GM
6 weeks ago - Business Wire

NMG Secures Multiyear Offtakes and total US$87.5 Million Investment from Anchor Customers and Strategic Investors to Underpin its Phase 2 Ore-to-Battery-Material Graphite Operations

MONTRÉAL--(BUSINESS WIRE)---- $NMG #ESG--On the back of agreed-upon offtake agreements with Panasonic Energy Co., Ltd. (“Panasonic Energy”), a wholly owned subsidiary of Panasonic Holdings Corporation...

Other symbols: GM
6 weeks ago - Business Wire

NMG Announces the Successful Closing of the Previously Announced Acquisition of Mason Resources' Lac Guéret Graphite Deposit/Uatnan Mining Project – One of the World's Largest Graphite Projects in Development

MONTRÉAL--(BUSINESS WIRE)---- $NMG #ESG--Nouveau Monde Graphite Inc. (“NMG“ or the “Company”) (NYSE: NMG, TSX.V: NOU) is pleased to announce the closing of the previously announced acquisition of the ...

2 months ago - Business Wire

MASON RESOURCES ANNOUNCES CLOSING OF THE SALE OF THE LAC GUÉRET PROPERTY TO NOUVEAU MONDE GRAPHITE

TORONTO , Jan. 31, 2024 /PRNewswire/ - Mason Resources Inc. ("Mason") (TSXV: LLG) (OTCQX: MGPHF) is pleased to announce that it closed today the sale of the Lac Guéret Property, targeted for the devel...

2 months ago - PRNewsWire

Focus Graphite Welcomes Nouveau Monde Graphite's Acquisition of the Uatnan Graphite Deposit, Québec

Interest in the emerging Southwest Manicouagan Reservoir graphitic district of Québec builds upon Focus' belief in the potential of its nearby Lac Tétépisca Project KINGSTON, ON / ACCESSWIRE / January...

2 months ago - Accesswire

MASON RESOURCES EMERGES AS STRATEGIC SHAREHOLDER OF NOUVEAU MONDE GRAPHITE THROUGH SALE OF LAC GUÉRET GRAPHITE PROPERTY

TORONTO , Jan. 22, 2024 /PRNewswire/ - Mason Resources Inc. (the "Company" or "Mason") (TSXV: LLG) (OTCQX: MGPHF) is pleased to announce having entered into an asset purchase agreement dated January 2...

2 months ago - PRNewsWire

NMG Acquires Mason Resources' Lac Guéret Graphite Deposit/Uatnan Mining Project – One of the World's Largest Graphite Projects in Development

MONTRÉAL--(BUSINESS WIRE)---- $NMG #ESG--Nouveau Monde Graphite Inc. (“NMG“ or the “Company”) (NYSE: NMG, TSX.V: NOU) has entered into an asset purchase agreement with Mason Resources Inc. (“Mason”) (...

2 months ago - Business Wire

NMG Pays Accrued Interests

MONTRÉAL--(BUSINESS WIRE)---- $NMG #ESG--Nouveau Monde Graphite Inc. (“NMG” or the “Company”) (NYSE: NMG, TSX.V: NOU) announces today the payment of accrued interests as part of a previously announced...

3 months ago - Business Wire

NMG Identified as Industry-Leading Natural Graphite Producer in Benchmark Mineral Intelligence's Sustainability Index

MONTRÉAL--(BUSINESS WIRE)---- $NMG #ESG--Nouveau Monde Graphite Inc. (“NMG“ or the “Company”) (NYSE: NMG, TSX.V: NOU) has been identified as “Industry Leading” in Benchmark Mineral Intelligence's (“Be...

4 months ago - Business Wire

THE Mining Investment Event of the North, Quebec City - June 4-6, 2024 Featuring Critical & Battery Metals Day, June 5

Opening Keynote Speaker: Sean Roosen, CEO & Chairman, Osisko Development Corp. Special Sponsor: Government of Québec Premier Sponsor: Laurentian Bank Securities Platinum/Critical Metals Day Sponsor: N...

Other symbols: AEMHLODVPLL
4 months ago - Newsfile Corp

NMG Provides Quarterly Update: Changing Market Dynamics and Intensified Commercial Negotiations Underpin Phase-2 Growth

MONTRÉAL--(BUSINESS WIRE)---- $NMG #ESG--New market dynamics set favorable conditions for Nouveau Monde Graphite Inc. (“NMG“ or the “Company”) (NYSE: NMG, TSX.V: NOU) as the Company maintains operatio...

5 months ago - Business Wire

NMG Selects Pomerleau for Construction Management Preparation of its Phase-2 Facilities: Focus on Efficient, Cost-Optimized, and Safe Execution once FID is Reached

MONTRÉAL--(BUSINESS WIRE)---- $NMG #ESG--Nouveau Monde Graphite Inc. (“NMG“ or the “Company”) (NYSE: NMG, TSX.V: NOU) furthers its execution readiness for the construction of its Phase-2 commercial fa...

5 months ago - Business Wire

NMG Advances Electrification Efforts: Confirmed Hydropower Supply and Progress on Collaboration With Caterpillar

MONTRÉAL--(BUSINESS WIRE)---- $NMG #ESG--In line with its commitment to adopt clean energy sources and technologies, Nouveau Monde Graphite Inc. (“NMG“ or the “Company”) (NYSE: NMG, TSX.V: NOU) report...

6 months ago - Business Wire

NMG and Panasonic Energy Announce Progress Update on Technological and Commercial Collaboration as Canada and Japan Reinforce Trade Relationship for a Low-Carbon Economy

OTTAWA, Ontario--(BUSINESS WIRE)---- $NMG #ESG--Nouveau Monde Graphite Inc. (“NMG“ or the “Company”) (NYSE: NMG, TSX.V: NOU) and Panasonic Energy Co., Ltd. (“Panasonic Energy”), a wholly owned subsidi...

6 months ago - Business Wire

NMG Provides a Quarterly Operational Update: Intense Commercial Engagement to Secure a Robust Foundation for Growth

MONTRÉAL--(BUSINESS WIRE)---- $NMG #ESG--Nouveau Monde Graphite Inc. (“NMG“ or the “Company”) (NYSE: NMG, TSX.V: NOU) reports advancement on the development of its fully integrated value chain, from o...

8 months ago - Business Wire

NMG Provides Commercial Update and Discloses Annual General & Special Meeting Voting Results

MONTRÉAL--(BUSINESS WIRE)---- $NMG #ESG--Nouveau Monde Graphite Inc. (“NMG“ or the “Company”) (NYSE: NMG, TSX.V: NOU) held today its virtual Annual General and Special Meeting of Shareholders (the “Me...

10 months ago - Business Wire

NMG Announces Grant of Stock Options

MONTRÉAL--(BUSINESS WIRE)--Nouveau Monde Graphite Inc. (“NMG“ or the “Company”) (NYSE: NMG, TSX.V: NOU) announces the grant of 864,500 stock options to directors, officers, and employees. These stock ...

11 months ago - Business Wire

NMG Releases 2022 ESG Report, Presents Operational Update, and Provides Notice of its Annual General and Special Meeting of Shareholders

MONTRÉAL--(BUSINESS WIRE)---- $NMG #ESG--Within a soaring market environment, Nouveau Monde Graphite Inc. (“NMG“ or the “Company”) (NYSE: NMG, TSX.V: NOU) diligently progresses toward the commercial P...

11 months ago - Business Wire

BTV Showcases: Champion Iron Limited, Nouveau Monde Graphite, TD Asset Management, and More

Vancouver, British Columbia--(Newsfile Corp. - April 27, 2023) - On BNN Bloomberg broadcast on April 29 & 30, 2023 - BTV-Business Television interviews emerging companies in the markets with the follo...

1 year ago - Newsfile Corp