FY2025 Earnings Forecast for CVE:NOU Issued By HC Wainwright

Nouveau Monde Graphite Inc. (CVE:NOUFree Report) – Equities research analysts at HC Wainwright decreased their FY2025 earnings per share estimates for Nouveau Monde Graphite in a note issued to investors on Tuesday, April 1st. HC Wainwright analyst H. Ihle now expects that the company will post earnings per share of ($0.66) for the year, down from their previous estimate of ($0.47). The consensus estimate for Nouveau Monde Graphite’s current full-year earnings is ($0.46) per share.

Nouveau Monde Graphite Stock Up 5.5 %

Shares of CVE NOU opened at C$3.24 on Thursday. The company has a current ratio of 1.74, a quick ratio of 1.29 and a debt-to-equity ratio of 16.18. The business has a 50-day moving average of C$3.24 and a 200-day moving average of C$2.54. The firm has a market capitalization of C$493.33 million, a price-to-earnings ratio of -5.40 and a beta of 1.82. Nouveau Monde Graphite has a 12 month low of C$1.70 and a 12 month high of C$4.14.

About Nouveau Monde Graphite

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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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