HC Wainwright Brokers Lower Earnings Estimates for CVE:NOU

Nouveau Monde Graphite Inc. (CVE:NOUFree Report) – Research analysts at HC Wainwright dropped their FY2025 earnings per share (EPS) estimates for shares of Nouveau Monde Graphite in a research note issued to investors on Tuesday, April 1st. HC Wainwright analyst H. Ihle now expects that the company will post earnings of ($0.66) per share for the year, down from their prior forecast of ($0.47). The consensus estimate for Nouveau Monde Graphite’s current full-year earnings is ($0.46) per share.

Nouveau Monde Graphite Price Performance

Shares of CVE:NOU opened at C$3.24 on Thursday. Nouveau Monde Graphite has a twelve month low of C$1.70 and a twelve month high of C$4.14. The stock’s 50 day moving average is C$3.24 and its 200-day moving average is C$2.56. The company has a quick ratio of 1.29, a current ratio of 1.74 and a debt-to-equity ratio of 16.18. The firm has a market capitalization of C$493.33 million, a price-to-earnings ratio of -5.40 and a beta of 1.82.

About Nouveau Monde Graphite

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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.

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