Novonix Limited (NVX)

Market Cap	380.90M
Revenue (ttm)	5.90M
Net Income (ttm)	-58.81M
Shares Out	121.69M
EPS (ttm)	0.18
PE Ratio	17.20
Forward PE	n/a
Dividend	n/a
Ex-Dividend Date	n/a

Volume	27,642
Open	3.17
Previous Close	3.11
Day's Range	3.04 - 3.44
52-Week Range	3.04 - 23.27
Beta	1.69
Analysts	Buy
Price Target	3.97 (+26.84%)
Earnings Date	n/a

About NVX

Novonix Limited develops and supplies battery materials, equipment, and services to the lithium-ion battery market in North America. It operates through three segments: Graphite Exploration and Mining, Battery Technology, and Battery Materials. The Graphite Exploration and Mining segment explores for graphite in Australia. The Battery Technology segment develops battery cell testing equipment and batteries, and consulting services. The Battery Materials segment develops and manufactures battery anode materials. The company is also involved in t...

• Industry: Electrical Equipment & Parts
• Sector: Industrials
• Founded: 2012
• Country: Australia
• Stock Exchange: NASDAQ
• Ticker Symbol: NVX

Financial Performance

In 2022, NOVONIX's revenue was $6.10 million, an increase of 56.69% compared to the previous year's $3.89 million. Losses were -$51.86 million, 285.7% more than in 2021.

Analyst Forecast

According to 5 analysts, the average rating for NVX stock is "Buy." The 12-month stock price forecast is $3.97, which is an increase of 26.84% from the latest price.

Price Target

$3.97

(26.84% upside)

Analyst Consensus: Buy