NMG
Nouveau Monde GraphiteNMG
NMG
About: Nouveau Monde Graphite Inc is a mineral exploration company. The company specializes in the exploration, evaluation, and development of mineral properties located in Quebec and is developing a natural graphite-based anode material that would qualify as battery-grade material to supply the lithium-ion industry. The company currently operates in two segments: the Matawinie Mine Project and the Battery Material Plant project.
Employees: 271
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
0.09% more ownership
Funds ownership: 12.77% [Q2] → 12.86% (+0.09%) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]
9% less funds holding
Funds holding: 23 [Q2] → 21 (-2) [Q3]
16% less capital invested
Capital invested by funds: $26.9M [Q2] → $22.7M (-$4.19M) [Q3]
33% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 6
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$3
110%
upside
Avg. target
$3
110%
upside
High target
$3
110%
upside
1 analyst rating
1 positive
100%
0 neutral
0%
0 negative
0%
HC Wainwright & Co. Heiko Ihle 44% 1-year accuracy 76 / 174 met price target | 110%upside $3 | Buy Reiterated | 17 Dec 2024 |
Financial journalist opinion
Based on 5 articles about NMG published over the past 30 days
Neutral
Business Wire
1 day ago
NMG Announces the Closing of Aggregate US$50 Million Private Placement by Canada Growth Fund and Investissement Quebec
MONTRÉAL--(BUSINESS WIRE)---- $NMG #ESG--NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES Nouveau Monde Graphite Inc. (“NMG“ or the “Company”) (NYSE: NMG, TSX.V: NOU) confirms it has closed its private placements from Canada Growth Fund Inc. (“CGF”) and the government of Quebec via Investissement Québec (“IQ”) previously announced on December 17, 2024 (the ‘'Private Placement”) representing a gross aggregate amount of US$50 million. Pursuant to the Private Placement, each.
Neutral
Business Wire
4 days ago
NMG Announces US$50-Million Equity Investment from Canada Growth Fund and the Government of Québec to Support its Phase 2 Ore-to-Battery-Material Graphite Operations
MONTRÉAL--(BUSINESS WIRE)---- $NMG #ESG--NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES Nouveau Monde Graphite Inc. (“NMG” or the “Company”) (NYSE: NMG, TSX.V: NOU) announces an equity investment by Canada Growth Fund Inc. (“CGF”) and the Government of Québec, via its agent Investissement Québec (“IQ”), in NMG for an aggregate amount of US$50 million to continue advancing its development toward commercial operations, subject to regulatory approvals. As the Company prepa.
Neutral
Business Wire
5 days ago
NMG Appoints Chantal Sorel to Its Board of Directors
MONTRÉAL--(BUSINESS WIRE)---- $NMG #ESG--Nouveau Monde Graphite Inc. (“NMG“ or the “Company”) (NYSE: NMG, TSX.V: NOU) announces the appointment of Chantal Sorel to its Board of Directors in replacement of Dr. Jürgen Köhler, effective immediately. An accomplished executive and corporate director, Sorel's proficiency in project management, financing, construction, and operations, arrives at a turning point in NMG's development as the Company finalizes its updated feasibility study and execution plans ahead of.
Neutral
Business Wire
1 week ago
The Atikamekw First Nation of Manawan and NMG Sign an Impact Benefit Agreement for the Matawinie Mining Project
MONTRÉAL--(BUSINESS WIRE)---- $NMG #ESG--The Conseil des Atikamekw de Manawan, representing the Atikamekw Nehirowisiw First Nation of Manawan (the “Manawan Atikamekw”), and Nouveau Monde Graphite Inc. (“NMG” or the “Company”) (NYSE:NMG, TSXV: NOU) are proud to announce that they have signed an impact benefit agreement covering the Matawinie mining project, which is located on the Nitaskinan. With this agreement, the Manawan Atikamekw give their consent to the Matawinie mining project, which aims to responsib.
Negative
Zacks Investment Research
2 weeks ago
Nouveau Monde Graphite (NMG) Loses -12.06% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner
The heavy selling pressure might have exhausted for Nouveau Monde Graphite (NMG) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.
Neutral
Business Wire
1 month ago
NMG Provides Update on its Progress Toward FID for its Fully Integrated Ore-to-Active-Anode-Materials Phase-2 Operations
MONTRÉAL--(BUSINESS WIRE)---- $NMG #ESG--Nouveau Monde Graphite Inc. (“NMG” or the “Company”) (NYSE: NMG, TSX.V: NOU) reports progress update on its multiple workstreams to bring its Phase-2 Matawinie Mine and Bécancour Battery Material Plant to a Final Investment Decision (“FID”). The Company is actively advancing its integrated feasibility study, engaging with its Anchor Customers Panasonic Energy Co., Ltd. (“Panasonic Energy”), a wholly owned subsidiary of Panasonic Holdings Corporation (“Panasonic”) (TYO.
Neutral
Business Wire
2 months ago
NMG Pays Accrued Interests
MONTRÉAL--(BUSINESS WIRE)--Nouveau Monde Graphite Inc. (“NMG” or the “Company”) (NYSE: NMG, TSX.V: NOU) announces today the payment of accrued interests as part of a previously announced private placement. Settlement of accrued interests Upon the approval of the TSX Venture Exchange and the New York Stock Exchange (the “Exchanges”), the accrued interests owed to Investissement Québec (“Holder”) for the third quarter of 2024 under the unsecured convertible note, as amended and restated, (the “No.
Neutral
Business Wire
3 months ago
NMG Gears Up for the Construction of the Phase-2 Matawinie Mine with Substation Contract, Engagement with Contractors and Contribution to Community's Economic Vitality
MONTRÉAL--(BUSINESS WIRE)---- $NMG #ESG--Nouveau Monde Graphite Inc. (“NMG“ or the “Company”) (NYSE: NMG, TSX.V: NOU) has attained tangible milestones in preparing for the construction of the Phase-2 Matawinie Mine through key procurement activities, detailed engineering, construction planning and community investment. Among these is the awarding of the 120kV electrical substation to ABB (NASDAQ: ABBNY) as part of the construction preparation and strategy to secure long-lead items for the establishment of an.
Neutral
Business Wire
3 months ago
NMG Appoints Stéphane Leblanc to Its Board of Directors
MONTRÉAL--(BUSINESS WIRE)---- $NMG #ESG--Nouveau Monde Graphite Inc. (“NMG“ or the “Company”) (NYSE: NMG, TSX.V: NOU) proudly announces the appointment of Stéphane Leblanc to its Board of Directors, effective September 10, 2024. A senior executive with extensive global operational and functional leadership experience within diverse mining and metals segments, Leblanc complements NMG's Board of Directors as the Company approaches the launch of its Phase-2 Matawinie Mine and Bécancour Battery Material Plant up.
Neutral
Business Wire
4 months ago
NMG Provides a Quarterly Update: Disciplined Execution Backed by Strong Integrated Team, Commercial Agreements with Anchor Customers and Favorable Market Conditions
MONTRÉAL--(BUSINESS WIRE)---- $NMG #ESG--Nouveau Monde Graphite Inc. (“NMG“ or the “Company”) (NYSE: NMG, TSX.V: NOU) reports on its progress to bring the Phase-2 Matawinie Mine and Bécancour Battery Material Plant toward a final investment decision (“FID”), while planning a Phase-3 expansion via its Uatnan Mining Project and complementary value-added processing facilities. The Company's multiyear offtake agreements with Anchor Customers Panasonic Energy Co., Ltd. (“Panasonic Energy”), a wholly owned subsidi.
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