Q3 2024 EPS Estimates for Nouveau Monde Graphite Inc. Boosted by Analyst (CVE:NOU)

Nouveau Monde Graphite Inc. (CVE:NOU) – Stock analysts at Roth Capital increased their Q3 2024 earnings per share estimates for shares of Nouveau Monde Graphite in a research report issued to clients and investors on Tuesday, October 1st. Roth Capital analyst J. Reagor now forecasts that the company will post earnings of ($0.12) per share for the quarter, up from their prior estimate of ($0.13). 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 ($0.11) EPS, FY2024 earnings at ($0.67) EPS, Q1 2025 earnings at ($0.06) EPS, Q2 2025 earnings at ($0.08) EPS, Q3 2025 earnings at ($0.08) EPS, Q4 2025 earnings at ($0.08) EPS and FY2025 earnings at ($0.32) EPS.

Nouveau Monde Graphite (CVE:NOU) last posted its quarterly earnings data on Wednesday, August 14th. The company reported C($0.10) EPS for the quarter, topping analysts’ consensus estimates of C($0.14) by C$0.04.

Nouveau Monde Graphite Stock Up 1.0 %

NOU opened at C$2.07 on Thursday. The stock’s fifty day moving average is C$2.07 and its 200-day moving average is C$2.53. The company has a market capitalization of C$232.98 million, a PE ratio of -2.07 and a beta of 1.82. The company has a debt-to-equity ratio of 15.36, a quick ratio of 1.29 and a current ratio of 1.85. Nouveau Monde Graphite has a one year low of C$1.80 and a one year high of C$4.22.

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.