Nouveau Monde Graphite (NYSE:NMG – Get Free Report) is expected to be issuing its quarterly earnings data 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 NMG opened at $1.70 on Tuesday. The firm has a market cap of $191.38 million, a P/E ratio of -2.66 and a beta of 0.78. Nouveau Monde Graphite has a 1 year low of $1.22 and a 1 year high of $2.57. The stock has a 50 day simple moving average of $1.85 and a two-hundred day simple moving average of $1.61. The company has a debt-to-equity ratio of 0.02, a current ratio of 1.74 and a quick ratio of 1.74.
Wall Street Analyst Weigh In
Separately, HC Wainwright reaffirmed a “buy” rating and set a $3.00 target price 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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