Nouveau Monde Graphite (NYSE:NMG – Free Report) had its target price trimmed by HC Wainwright from $3.25 to $3.00 in a research note issued to investors on Wednesday, Benzinga reports. The firm currently has a buy rating on the stock.
Nouveau Monde Graphite Price Performance
NYSE NMG opened at $1.44 on Wednesday. Nouveau Monde Graphite has a 52 week low of $1.24 and a 52 week high of $3.21. The company has a current ratio of 1.85, a quick ratio of 1.85 and a debt-to-equity ratio of 0.02. The stock has a market cap of $161.41 million, a price-to-earnings ratio of -1.99 and a beta of 0.83. The company has a 50-day moving average price of $1.64 and a two-hundred day moving average price of $1.99.
Nouveau Monde Graphite (NYSE:NMG – Get Free Report) last issued its quarterly earnings results on Wednesday, August 14th. The company reported ($0.07) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.10) by $0.03. Analysts forecast that Nouveau Monde Graphite will post -0.56 EPS for the current year.
Hedge Funds Weigh In On Nouveau Monde Graphite
About Nouveau Monde Graphite
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.
Featured Articles
- Five stocks we like better than Nouveau Monde Graphite
- How to Use High Beta Stocks to Maximize Your Investing Profits
- Does GTA VI Make Take-Two Interactive Stock an Irresistible Buy?
- CD Calculator: Certificate of Deposit Calculator
- Why HPE’s Dip Is a Prime Opportunity for Blue-Chip AI Investors
- Election Stocks: How Elections Affect the Stock Market
- Why Analysts See Big Upside for Occidental Petroleum Despite Lows
Receive News & Ratings for Nouveau Monde Graphite Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nouveau Monde Graphite and related companies with MarketBeat.com's FREE daily email newsletter.