Nouveau Monde Graphite (NYSE:NMG – Get Free Report) is expected to be announcing its earnings results before the market opens on Wednesday, March 26th. Analysts expect the company to announce earnings of ($0.07) per share for the quarter.
Nouveau Monde Graphite Stock Down 5.6 %
Shares of Nouveau Monde Graphite stock opened at $1.70 on Tuesday. The company’s 50 day moving average price is $1.85 and its 200-day moving average price is $1.61. Nouveau Monde Graphite has a 52-week low of $1.22 and a 52-week high of $2.57. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.74 and a current ratio of 1.74. The stock has a market capitalization of $191.38 million, a price-to-earnings ratio of -2.66 and a beta of 0.78.
Analyst Upgrades and Downgrades
Separately, HC Wainwright reissued a “buy” rating and issued a $3.00 price target on shares of Nouveau Monde Graphite in a report on Tuesday, December 17th.
About Nouveau Monde Graphite
Nouveau Monde Graphite Inc engages in the acquisition, exploration, development, and evaluation of mineral properties in Quebec, Canada. It primarily explores for graphite. The company’s flagship property is the 100% owned Matawinie graphite property including 176 mining claims covering an area of 9,264 hectares located in Quebec.
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