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 owns a 100% interest in the Matawinie property that includes 319 mining claims covering 17,585 hectares situated to the north of Montreal, Quebec. It also engages in the real estate and trading businesses. The company was formerly known as Nouveau Monde Mining Enterprises Inc. and changed its name to Nouveau Monde Graphite Inc. in February 2017. Nouveau Monde Graphite Inc. was founded in 2011 and is headquartered in Saint-Michel-des-Saints, Canada.
IPO Year:
Exchange: NYSE
Website: nouveaumonde.group
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 2/8/2023 | $17.00 | Buy | H.C. Wainwright |
| 10/27/2022 | $15.00 → $7.00 | Buy | B. Riley Securities |
| 11/17/2021 | Market Perform | BMO Capital Markets | |
| 7/21/2021 | $16.00 | Buy | B. Riley Securities |
| 7/8/2021 | $11.00 | Buy | ROTH Capital |
H.C. Wainwright initiated coverage of Nouveau Monde Graphite with a rating of Buy and set a new price target of $17.00
B. Riley Securities resumed coverage of Nouveau Monde Graphite with a rating of Buy and set a new price target of $7.00 from $15.00 previously
BMO Capital Markets initiated coverage of Nouveau Monde Graphite with a rating of Market Perform
B. Riley Securities initiated coverage of Nouveau Monde Graphite with a rating of Buy and set a new price target of $16.00
ROTH Capital initiated coverage of Nouveau Monde Graphite with a rating of Buy and set a new price target of $11.00