HC Wainwright Issues Positive Forecast for CVE:NOU Earnings

Nouveau Monde Graphite Inc. (CVE:NOU) – Equities research analysts at HC Wainwright raised their FY2026 EPS estimates for Nouveau Monde Graphite in a report issued on Monday, August 24th. HC Wainwright analyst H. Ihle now expects that the company will earn ($0.09) per share for the year, up from their prior forecast of ($0.34). The consensus estimate for Nouveau Monde Graphite’s current full-year earnings is ($0.46) per share.

Nouveau Monde Graphite Price Performance

Shares of NOU opened at C$3.24 on Wednesday. The company has a market cap of C$493.33 million, a price-to-earnings ratio of -5.40 and a beta of 1.82. Nouveau Monde Graphite has a twelve month low of C$1.70 and a twelve month high of C$4.14. The company has a quick ratio of 1.29, a current ratio of 3.58 and a debt-to-equity ratio of 105.58. The company has a 50 day moving average of C$3.24 and a two-hundred day moving average of C$3.24.

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. It also involved in the real estate and trading activities. The company was formerly known as Nouveau Monde Mining Enterprises Inc and changed its name to Nouveau Monde Graphite Inc in February 2017.