Nouveau Monde Graphite (NMG) Projected to Post Quarterly Earnings on Wednesday

Nouveau Monde Graphite (NYSE:NMG) is expected to be announcing its earnings results before the market opens on Wednesday, March 26th. Analysts expect the company to announce earnings of ($0.07) per share for the quarter.

Nouveau Monde Graphite Trading Up 5.4 %

NYSE NMG opened at $1.77 on Monday. The company’s fifty day moving average price is $1.85 and its two-hundred day moving average price is $1.61. The company has a market capitalization of $199.26 million, a price-to-earnings ratio of -2.77 and a beta of 0.78. Nouveau Monde Graphite has a 12 month low of $1.22 and a 12 month high of $2.57. The company has a debt-to-equity ratio of 0.02, a current ratio of 1.74 and a quick ratio of 1.74.

Wall Street Analyst Weigh In

Separately, HC Wainwright restated a “buy” rating and set a $3.00 price objective on shares of Nouveau Monde Graphite in a research note on Tuesday, December 17th.

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.