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Nouveau Monde Mining
(TSX:NOU)
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Rating:39Underperform
Price Target:―
Action:N/A
Date:01/14/25
Nouveau Monde Mining is facing significant financial challenges with persistent losses and no revenue generation, heavily impacting its score. While technical indicators suggest some positive momentum, the lack of profitability and unattractive valuation metrics weigh down the overall assessment. The absence of earnings call insights and corporate events leaves key strategic and operational questions unanswered.
Positive Factors
Strategic Funding
The strategic funding of $50M enhances the company's ability to advance key projects, supporting long-term growth in the battery and EV markets.
Negative Factors
Persistent Losses
Ongoing operational losses without revenue generation threaten financial sustainability, requiring strategic changes for long-term viability.
Read all positive and negative factors
Positive Factors
Negative Factors
Strategic Funding
The strategic funding of $50M enhances the company's ability to advance key projects, supporting long-term growth in the battery and EV markets.
Read all positive factors
Nouveau Monde Mining (NOU) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$641.77M
Dividend YieldN/A
Average Volume (3M)224.15K
Price to Earnings (P/E)―
Beta (1Y)2.26
Revenue GrowthN/A
EPS Growth4.68%
CountryCA
Employees144
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)-0.87
Shares Outstanding329,156,830
10 Day Avg. Volume210,062
30 Day Avg. Volume224,150
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)0.00
Price to Sales (P/S)0.00
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$4.74Price Target Upside133.34% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering3
EPS Forecast (FY)-0.07
Revenue Forecast (FY)N/A
Nouveau Monde Mining Business Overview & Revenue Model
Company Description
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 prop...
How the Company Makes Money
Nouveau Monde Graphite makes money by extracting and processing graphite from its mining operations and selling it to various industries, particularly those involved in lithium-ion battery production, electric vehicles, and energy storage systems....
Nouveau Monde Mining Financial Statement Overview
Summary
Income Statement
Balance Sheet
Cash Flow
| Breakdown | TTM | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -11.56M | -25.40M | -4.27M | -876.00K | -854.00K | -724.03K |
| EBITDA | -51.21M | -47.43M | -41.03M | -36.08M | -15.51M | -16.05M |
| Net Income | -67.96M | -55.98M | -47.71M | -39.89M | -19.22M | -6.83M |
Balance Sheet | ||||||
| Total Assets | 147.94M | 123.94M | 150.07M | 126.35M | 21.16M | 53.08M |
| Cash, Cash Equivalents and Short-Term Investments | 56.50M | 36.33M | 59.92M | 62.35M | 4.52M | 4.10M |
| Total Debt | 17.71M | 57.47M | 61.35M | 4.45M | 17.37M | 5.11M |
| Total Liabilities | 38.47M | 69.51M | 77.75M | 20.65M | 26.49M | 15.72M |
| Stockholders Equity | 109.47M | 54.43M | 72.32M | 105.69M | -5.34M | 37.36M |
Cash Flow | ||||||
| Free Cash Flow | -56.38M | -53.92M | -71.56M | -71.31M | -18.17M | -20.56M |
| Operating Cash Flow | -45.73M | -39.52M | -44.88M | -34.33M | -18.05M | -5.14M |
| Investing Cash Flow | -10.40M | -10.07M | -28.00M | -34.58M | -661.00K | -15.19M |
| Financing Cash Flow | 64.48M | 26.29M | 70.29M | 125.73M | 19.15M | 20.61M |
Nouveau Monde Mining Technical Analysis
Negative
2.03
Price Trends
2.01
Negative
2.29
Negative
2.88
Negative
Market Momentum
-0.01
Positive
44.63
Neutral
21.09
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:NOU, the sentiment is Negative. The current price of 2.03 is above the 20-day moving average (MA) of 1.99, above the 50-day MA of 2.01, and below the 200-day MA of 2.88, indicating a bearish trend. The MACD of -0.01 indicates Positive momentum. The RSI at 44.63 is Neutral, neither overbought nor oversold. The STOCH value of 21.09 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:NOU.
Nouveau Monde Mining Peers Comparison
UnderperformOutperform
Sector (61)
TSE:NOU
Nouveau Monde Mining
1.92
-0.73
-27.55%
TSE:CDPR
Cerro de Pasco Resources Inc
0.78
0.29
59.18%
TSE:LAR
Lithium Argentina
9.23
4.94
115.15%
TSE:FLCN
SRG Mining Inc
1.03
0.47
83.93%
TSE:NOAL
NOA Lithium Brines Inc
0.21
-0.12
-36.92%
Nouveau Monde Mining Corporate Events
Nouveau Monde Graphite Uplists to Toronto Stock Exchange
Jan 16, 2025
Nouveau Monde Graphite Inc. has announced its uplisting to the Toronto Stock Exchange, effective January 20, 2025, after achieving significant commercial, financing, and corporate milestones in 2024. This move is seen as a natural progression for ...
Nouveau Monde Secures $50M in Strategic Funding
Dec 20, 2024
Nouveau Monde Graphite has successfully closed a US$50 million private placement from Canada Growth Fund and Investissement Québec. The funds will be used to advance engineering and procurement projects, support critical activities, and cover...
Nouveau Monde Graphite Secures $50M Investment Boost
Dec 17, 2024
Nouveau Monde Graphite Inc. has secured a US$50 million equity investment from the Canada Growth Fund and the Government of Québec to advance its graphite operations aimed at the North American battery and EV markets. This investment will sup...
Nouveau Monde Graphite Strengthens Board with New Appointment
Dec 16, 2024
Nouveau Monde Graphite has announced the appointment of Chantal Sorel to its Board of Directors, bringing her extensive experience in project management and strategic development to the company. Her expertise comes at a pivotal time as NMG prepare...
Nouveau Monde and Atikamekw Forge Sustainable Agreement
Dec 12, 2024
Nouveau Monde Graphite (NMG) has entered an impact benefit agreement with the Atikamekw First Nation of Manawan for the development of the Matawinie Mining Project. This collaboration aims to responsibly develop graphite, ensuring environmental re...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.