Nouveau Monde Graphite Stock Today

NMG Stock  USD 1.25  0.01  0.79%   

Performance

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Odds Of Distress

Over 84

 
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Nouveau Monde is trading at 1.25 as of the 21st of November 2024. This is a 0.79 percent decrease since the beginning of the trading day. The stock's lowest day price was 1.23. Nouveau Monde has a very high chance of experiencing financial distress in the next few years of operation. It has also generated negative returns for investors over the last 90 days. Equity ratings for Nouveau Monde Graphite are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 2nd of December 2022 and ending today, the 21st of November 2024. Click here to learn more.
Business Domain
Materials
IPO Date
28th of September 2017
Category
Basic Materials
Nouveau Monde Graphite Inc. engages in the acquisition, exploration, development, and evaluation of mineral properties in Canada. Nouveau Monde Graphite Inc. was founded in 2011 and is headquartered in Saint-Michel-des-Saints, Canada. Nouveau Monde is traded on New York Stock Exchange in the United States.. The company has 112.58 M outstanding shares of which 223.68 K shares are now shorted by investors with about 6.49 days to cover. More on Nouveau Monde Graphite

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Nouveau Stock Highlights

CEOEric Desaulniers
Old Names[Noble Metal Group Incorporated, Acrow Formwork and Construction Services Limited, Nation Multimedia Group Public Company Limited]
Business ConcentrationDiversified Metals & Mining, Other Industrial Metals & Mining, Basic Materials, NYSE Composite, Stock Exchange Of, Non-Metallic and Industrial Metal Mining, Materials, Metals & Mining, Other Industrial Metals & Mining, Basic Materials (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Total Current Liabilities6.3 M12 M
Way Down
Slightly volatile
Non Current Liabilities Total60.4 M57.5 M
Sufficiently Up
Slightly volatile
Total Assets130.1 M123.9 M
Sufficiently Up
Slightly volatile
Total Current Assets45.1 M42.9 M
Sufficiently Up
Slightly volatile
Debt Levels
Nouveau Monde can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Nouveau Monde's financial leverage. It provides some insight into what part of Nouveau Monde's total assets is financed by creditors.
Liquidity
Nouveau Monde Graphite has 57.47 M in debt with debt to equity (D/E) ratio of 0.06, which may show that the company is not taking advantage of profits from borrowing. Nouveau Monde Graphite has a current ratio of 2.5, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Note however, debt could still be an excellent tool for Nouveau to invest in growth at high rates of return.

Change In Working Capital

2.18 Million
Nouveau Monde Graphite (NMG) is traded on New York Stock Exchange in USA. It is located in 481 Brassard Street, Saint-Michel-Des-Saints, QC, Canada, J0K 3B0 and employs 122 people. Nouveau Monde is listed under Diversified Metals & Mining category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a total capitalization of 141.97 M. Nouveau Monde Graphite runs under Metals & Mining sector within Materials industry. The entity has 112.58 M outstanding shares of which 223.68 K shares are now shorted by investors with about 6.49 days to cover. Nouveau Monde Graphite has about 32.11 M in cash with (39.52 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.58.
Check Nouveau Monde Probability Of Bankruptcy
Ownership Allocation
Nouveau Monde Graphite maintains a total of 112.58 Million outstanding shares. Nouveau Monde Graphite holds significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Nouveau Ownership Details

Nouveau Stock Institutional Holders

InstituionRecorded OnShares
Lpl Financial Corp2024-06-30
19.4 K
Morgan Stanley - Brokerage Accounts2024-06-30
19.4 K
Creative Planning Inc2024-06-30
13.6 K
Hartford Financial Management Inc.2024-09-30
8.4 K
Blackrock Inc2024-06-30
2.1 K
Bank Of America Corp2024-06-30
1.6 K
Wells Fargo & Co2024-06-30
1.5 K
Td Waterhouse Canada Inc2024-06-30
800
Group One Trading, Lp2024-06-30
288
General Motors Holdings Llc2024-06-30
12.5 M
Caisse De Depot Et Placement Du Quebec2024-06-30
744 K
View Nouveau Monde Diagnostics

Nouveau Monde Historical Income Statement

At this time, Nouveau Monde's Selling General Administrative is most likely to increase significantly in the upcoming years. The Nouveau Monde's current Other Operating Expenses is estimated to increase to about 57.9 M, while EBITDA is forecasted to increase to (45.1 M). View More Fundamentals

Nouveau Stock Against Markets

Nouveau Monde Corporate Management

Arne FrandsenChairman of the BoardProfile
James ScarlettIndependent DirectorProfile
Patrice BoulangerMarketing SalesProfile
Andrew WillisDirectorProfile
When determining whether Nouveau Monde Graphite is a strong investment it is important to analyze Nouveau Monde's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Nouveau Monde's future performance. For an informed investment choice regarding Nouveau Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nouveau Monde Graphite. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Is Diversified Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nouveau Monde. If investors know Nouveau will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nouveau Monde listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.57)
Return On Assets
(0.33)
Return On Equity
(0.77)
The market value of Nouveau Monde Graphite is measured differently than its book value, which is the value of Nouveau that is recorded on the company's balance sheet. Investors also form their own opinion of Nouveau Monde's value that differs from its market value or its book value, called intrinsic value, which is Nouveau Monde's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nouveau Monde's market value can be influenced by many factors that don't directly affect Nouveau Monde's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nouveau Monde's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nouveau Monde is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nouveau Monde's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.