Nouveau Monde Graphite Inc. (NMG) Research
Nouveau Monde Graphite Inc. (NMG) is a Canadian enterprise primarily focused on the acquisition, investigation, growth, and assessment of mineral resources within Canada. The company's main exploratory efforts are directed towards unearthing graphite. A significant asset for the firm is its flagship Matawinie property, an expansive site encompassing 392 mining claims across 21,750 hectares, strategically located just north of Montreal, Quebec. Beyond its core mineral operations, the company also engages in real estate and commercial trading. Established in 2011, the organization operated under the name Nouveau Monde Mining Enterprises Inc. until February 2017, when it adopted its current designation. Its principal office is situated in Saint-Michel-des-Saints, Canada.
Market snapshot
- Symbol
- NMG
- Price
- $1.58
- Day change
- +0.64%
- Market cap
- $493.3M
- P/E ratio
- -3.48x
- 52-week range
- 1.37-6.06
- Sector
- Basic Materials
- Industry
- Industrial Materials
- Next earnings
- in 2 months
- Analyst price target
- $4.67
Recent news
- Eni to take stake in Canada's Nouveau Monde Graphite in $70 million investment
Italy's Eni has agreed to acquire a minority stake in natural graphite producer Nouveau Monde Graphite for $70 million, giving it access to a critical material used in battery storage and other energy transition technologies.
Peer companies
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