FY2024 Earnings Forecast for CVE:NOU Issued By Roth Capital

Nouveau Monde Graphite Inc. (CVE:NOU) – Stock analysts at Roth Capital lifted their FY2024 earnings per share estimates for shares of Nouveau Monde Graphite in a research report issued to clients and investors on Wednesday, November 20th. Roth Capital analyst J. Reagor now forecasts that the company will post earnings per share of ($0.64) for the year, up from their previous estimate of ($0.67). The consensus estimate for Nouveau Monde Graphite’s current full-year earnings is ($0.46) per share. Roth Capital also issued estimates for Nouveau Monde Graphite’s Q4 2024 earnings at ($0.12) EPS, Q2 2025 earnings at ($0.07) EPS, Q3 2025 earnings at ($0.07) EPS, Q4 2025 earnings at ($0.07) EPS and FY2025 earnings at ($0.28) EPS.

Nouveau Monde Graphite Stock Performance

Shares of NOU stock opened at C$1.73 on Friday. The company has a market cap of C$194.71 million, a P/E ratio of -1.73 and a beta of 1.82. The firm has a fifty day moving average price of C$2.00 and a 200 day moving average price of C$2.30. The company has a current ratio of 1.85, a quick ratio of 1.29 and a debt-to-equity ratio of 15.36. Nouveau Monde Graphite has a 12 month low of C$1.70 and a 12 month high of C$4.20.

Nouveau Monde Graphite Company Profile

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.