Novonix Limited (NVX)

NASDAQ: NVX · IEX Real-Time Price · USD
3.13
+0.02 (0.81%)
At close: Mar 24, 2023, 4:00 PM
3.27
+0.14 (4.47%)
After-hours: Mar 24, 2023, 4:13 PM EDT
0.81%
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... [Read more]

Sector Industrials
Founded 2012
Country Australia
Stock Exchange NASDAQ
Ticker Symbol NVX
Full Company Profile

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.

Financial Statements

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
Stock Forecasts

News

NOVONIX to Participate in the 35th Annual Roth Conference

BRISBANE, Australia, March 09, 2023 (GLOBE NEWSWIRE) -- NOVONIX Limited (NASDAQ: NVX, ASX: NVX, OTCQX: NVNXF) (“NOVONIX” or “the Company”), a leading battery materials and technology company, today an...

2 weeks ago - GlobeNewsWire

NOVONIX Provides Update on Scaling U.S. Production of Synthetic Graphite Anode Materials

KORE Power securing financing for lithium-ion battery cell production gigafactory represents milestone for NOVONIX to begin delivery of material in 2024

3 months ago - GlobeNewsWire

NOVONIX Announces Appointment of Daniel Akerson and Ron Edmonds to Board of Directors

- New directors collectively bring decades of sector expertise and proven track records of helping companies execute on strategic initiatives - - New directors collectively bring decades of sector exp...

5 months ago - GlobeNewsWire

NOVONIX Selected For US$150 Million Grant From U.S. Department of Energy

- Strategic milestone advancing localization of U.S. battery supply chain - - Supports NOVONIX's growth plan to expand synthetic graphite production to 40,000 tonnes per annum in 2025 -

5 months ago - GlobeNewsWire

NOVONIX Synthetic Anode Material Leads the Industry in Environmentally Sustainable Manufacturing Practices

Study Confirms a 60% Decrease in Global Warming Potential and 67% Reduction in Battery Carbon Emissions Study Confirms a 60% Decrease in Global Warming Potential and 67% Reduction in Battery Carbon Em...

9 months ago - GlobeNewsWire

Emera Technologies and NOVONIX Launch Made-In-Atlantic-Canada Microgrid Battery

TAMPA, Fla. , June 6, 2022 /PRNewswire/ -- Today Emera Technologies Limited, a subsidiary of Emera Inc. (TSX: EMA), and NOVONIX Limited (NASDAQ: NVX, ASX: NVX, OTCQX: NVNXF) ("NOVONIX"), a leading bat...

10 months ago - PRNewsWire

Emera Technologies and Novonix Launch Microgrid Battery

TAMPA, Fla. and BRISBANE, Australia, June 06, 2022 (GLOBE NEWSWIRE) -- Today Emera Technologies Limited, a subsidiary of Emera Inc. (TSX:EMA), and NOVONIX Limited (NASDAQ: NVX, ASX: NVX, OTCQX: NVNXF)...

10 months ago - GlobeNewsWire

NOVONIX to Participate in Upcoming Investor Conferences

BRISBANE, Australia, June 02, 2022 (GLOBE NEWSWIRE) -- NOVONIX Limited (NASDAQ: NVX, ASX: NVX, OTCQX: NVNXF) (“NOVONIX” or “the Company”), a leading battery materials and technology company, today ann...

10 months ago - GlobeNewsWire

NOVONIX to Participate in Citi's 2022 Lithium & Battery Virtual Day

BRISBANE, Australia, May 19, 2022 (GLOBE NEWSWIRE) -- NOVONIX Limited (NASDAQ: NVX, ASX: NVX, OTCQX: NVNXF) (“NOVONIX” or “the Company”) a leading battery materials and technology company, today annou...

11 months ago - GlobeNewsWire

NOVONIX to Participate in the 34th Annual ROTH Conference

BRISBANE, Australia, March 08, 2022 (GLOBE NEWSWIRE) -- NOVONIX Limited (NASDAQ: NVX, ASX: NVX, OTCQX: NVNXF) (“NOVONIX” or “the Company”) a leading battery materials and technology company, today ann...

1 year ago - GlobeNewsWire

Novonix Announces Appointment of Jean Oelwang to Its Board of Directors

President and Founding CEO of Virgin Unite Brings 30 Years of Experience Building Telecommunications Companies and Creating Foundations that Build Collectives, Incubate Ideas and Reinvent Systems for ...

1 year ago - GlobeNewsWire

NOVONIX to Ring Closing Bell to Celebrate Milestone NASDAQ Listing

BRISBANE, Australia, Feb. 24, 2022 (GLOBE NEWSWIRE) -- NOVONIX Limited (NASDAQ: NVX, ASX: NVX, OTCQX: NVNXF) (“NOVONIX” or “the Company”), a leading battery materials and technology company, today ann...

1 year ago - GlobeNewsWire

NOVONIX to Commence Trading on Nasdaq through Level II ADR Program

BRISBANE, Australia--(BUSINESS WIRE)--NOVONIX Limited (ASX: NVX, NASDAQ: NVX, OTCQX: NVNXF) (“NOVONIX” or “the Company”), announces that its American Depositary Receipts ("ADRs") will commence trading...

1 year ago - Business Wire

NOVONIX Closes Investment and Supply Agreement with KORE Power

BRISBANE, Australia & COEUR D'ALENE, Idaho--(BUSINESS WIRE)--NOVONIX Limited (ASX: NVX, OTC: NVNXF) (“NOVONIX”), an advanced battery materials and technology company, today announced the execution of ...

1 year ago - Business Wire

NOVONIX Announces Intent to Enter Supply Agreement and Make Strategic Investment in KORE Power

BRISBANE, Australia & COEUR D'ALENE, Idaho--(BUSINESS WIRE)--NOVONIX Limited (ASX: NVX,­ OTC: NVNXF) (“NOVONIX”), an advanced battery materials and technology company, today announced the execution of...

1 year ago - Business Wire

Phillips 66, NOVONIX Sign Technology Development Agreement to Advance Production of Lithium-Ion Batteries in North America

HOUSTON & BRISBANE, Australia--(BUSINESS WIRE)--Phillips 66 and NOVONIX Limited sign technology development agreement to advance production of anode materials for lithium-ion batteries.

Other symbols: PSX
1 year ago - Business Wire

NOVONIX Commences Process for Nasdaq Listing

BRISBANE, Australia--(BUSINESS WIRE)--NOVONIX Limited (ASX: NVX, OTCQX: NVNXF) (“NOVONIX” or “the Company”), today announces the commencement of the process to list its securities on the Nasdaq Stock ...

1 year ago - Business Wire

Preliminary Results of Environmental Impact Study

BRISBANE, Australia--(BUSINESS WIRE)--NOVONIX Limited (ASX: NVX, OTCQX: NVNXF) (“NOVONIX” or “the Company”) is excited to announce that the preliminary results from an assessment by an independent glo...

1 year ago - Business Wire

Phillips 66 to acquire stake in NOVONIX as demand for EV battery materials rises

Phillips 66 will acquire a 16% stake in lithium-ion battery material supplier NOVONIX Limited for $150 million, the U.S. refiner said on Monday, as demand for electric-vehicle battery materials rises.

Other symbols: PSX
1 year ago - Reuters

Phillips 66 Announces Strategic Investment in NOVONIX

HOUSTON & BRISBANE, Australia--(BUSINESS WIRE)--Phillips 66 has entered into an agreement to acquire a 16% stake in NOVONIX Limited, which develops and supplies materials for lithium-ion batteries.

Other symbols: PSX
1 year ago - Business Wire