Nouveau Monde Graphite Inc. NMG

1.32 (0.03) (2.22%) as of 25 Sep
Market cap
$444.4M
P/E
0.0×

Insider Decisions

in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 47.75%

Capital & Financial Ratios

Market Cap 444.37
Revenue —
Net Income (47.50)
Free Cash Flow (41.63)
Net Debt (319.31)
Current Ratio 4.10
Debt/Equity 0.04
P/E ratio 0.00
P/S ratio 0.00
P/B ratio 0.92
Past 5Y EPS Growth 1.71%
This Y EPS Growth 95.78%
Next Y EPS Growth (131.30%)
Next 5Y EPS Growth 64.77%
in millions of $

Dividends

Payout Ratio 0.00
Annual Dividend Rate —
Annual Dividend Yield —
total individual payouts
2020 Powerpack
2019 Powerpack
2018 Powerpack
predictions in italic, special payouts not included in total or ratios

Assets vs Liabilities

2023 2024 2025 Q'26
Cash 27 80 53 333
Receivables 3 2 2 5
Inventory — — — —
Other — — — —
32 83 57 339
2023 2024 2025 Q'26
Payables 7 10 8 33
ST’ Debt 0 12 12 13
Other 1 12 45 36
9 34 65 83
in millions of $

Compound Annual Growth

10y 5y 3y
Sales — — —
Cash Flow — 0.00% 0.00%
Earnings — 0.00% 0.00%
Book Value — 0.00% 0.90%

Revenue

Year
in millions of $ · fiscal quarters ending in the months shown

Operating Cash Flow

Mar Jun Sep Dec Year
’26 (9) (6) — — —
’25 (9) (9) (5) (7) (30)
’24 (9) (8) (9) (12) (38)
’23 (7) (8) (7) (8) (29)
’22 (10) (8) (10) (7) (35)
’21 (8) (3) (11) (5) (27)
’20 (1) 0 (2) (10) (13)
in millions of $ · fiscal quarters ending in the months shown

Free Cash Flow

Mar Jun Sep Dec Year
’26 (12) (12) — — —
’25 (12) (11) (9) (9) (40)
’24 (11) (9) (13) (16) (48)
’23 (10) (13) (9) (9) (40)
’22 (15) (12) (14) (14) (55)
’21 (10) (10) (19) (17) (57)
’20 (4) (3) (6) (2) (14)
in millions of $ · fiscal quarters ending in the months shown

EPS

Mar Jun Sep Dec Year
’26 (0.02) 0.03 — — —
’25 (0.06) (0.10) (0.36) 0.03 (0.49)
’24 (0.32) (0.07) (0.05) (0.14) (0.52)
’23 (0.33) 0.01 (0.19) (0.20) (0.69)
’22 (0.23) (0.20) (0.18) (0.10) (0.69)
’21 (0.17) (0.28) (0.15) (0.20) (0.74)
’20 (0.01) (0.01) (0.01) (0.24) (0.51)
fiscal quarters ending in the months shown

Target Price Range

Analyst price targets

Recommendation Rating

1
1Buy 2 3Hold 4 5Sell
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
0.98 1.61 1.82 1.40 0.88 5.07 3.38 1.85 1.22 1.30

Analyst estimates 2026–2028

Powerpack
Low Price
2.72 4.20 3.68 2.21 14.70 21.90 8.81 5.97 3.07 6.06
High Price
— — — — — — — — — —
Employees
— — — — — — — — — —
Revenue/Emp
— — — — — — — — — —
Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% — — —
Gross Margin
(2) (3) (4) (5) (13) (32) (36) (41) (53) (75)
EBT
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
EBT Margin
(1) 0 (6) (5) (13) (32) (37) (41) (53) (75)
Net Income
0 0 0 1 1 1 4 6 7 5
Depreciation
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Revenue/Sh
(0.22) (0.37) (0.40) (0.02) (0.51) (0.74) (0.66) (0.69) (0.52) (0.49)
Earnings/Sh
(0.15) (0.22) 0.05 (0.02) (0.51) (0.64) (0.62) (0.49) (0.37) (0.20)
Cash Flow/Sh
0.00 0.00 0.00 (0.05) (0.04) (0.69) (0.37) (0.18) (0.10) (0.06)
Capex/Sh
(0.15) (0.22) 0.05 (0.07) (0.55) (1.32) (0.99) (0.66) (0.47) (0.26)
Free CF/Sh
0.97 1.62 1.16 0.12 (0.15) 1.96 1.00 0.67 1.09 0.37
Book Value/Sh
6 10 15 227 26 43 56 60 103 154
Shares
— — — — — — — — — —
PE Ratio
— — — — — — — — — —
PS Ratio
— — — — — — — — — —
PB Ratio
— — — — — — — — — —
EV/Sales
— — — — — — — — — —
EV/FCF
(1) (2) 1 (4) (13) (27) (35) (29) (38) (30)
Op' Cash Flow
(2) (4) (13) (12) (1) (30) (21) (11) (10) (10)
Capex
(1) (2) 1 (15) (14) (57) (55) (40) (48) (40)
FCF
2 9 0 0 0 47 44 23 49 (9)
Working Cap'
— — 2 4 13 3 47 42 13 13
Total Debt
(2) (8) 0 1 9 (46) 0 15 (66) (40)
Net Debt
6 16 17 28 (4) 84 56 40 112 57
Sh' Equity
(11.98%) (107.87%) (42.78%) (15.21%) (48.11%) (54.59%) (33.94%) (40.02%) (44.43%) (54.99%)
ROA
0.00% 0.00% 0.00% (9.47%) (147.91%) (50.68%) (47.45%) (45.85%) (85.79%) (154.74%)
ROIC
(13.46%) (32.75%) (35.95%) (22.60%) (111.06%) (79.22%) (52.44%) (86.44%) (70.16%) (88.93%)
ROE
predictions in italic, sparklines do not include predictions

All 10 years →

Nouveau Monde Graphite Inc. peers in Other Industrial Metals & Mining

All 46 Other Industrial Metals & Mining stocks →

Nouveau Monde Graphite Inc. (NMG) key facts

  • Nouveau Monde Graphite Inc. (NMG) is an Other Industrial Metals & Mining company in the Basic Materials sector, listed on the New York Stock Exchange.
  • As of September 25, 2026, NMG traded at $1.32, a market capitalization of $444.4 million.
  • Return on equity was −88.9% and debt-to-equity 0.04.

Source: company filings (standardised) and stockrow calculations.

Nouveau Monde Graphite Inc. (NMG) Latest News

News by impact score

Fine-tune

13 Aug

4

NMG reports Q2 2026 update marking shift from development to execution phase at Matawinie Mine. Shift to Matawinie Mine execution marks major operational milestone for NMG.

22 May

4

Eni acquires stake in Nouveau Monde Graphite Inc. to advance battery supply chain efforts, triggering fresh valuation assessment for NMG. Eni stake purchase forms major strategic supply chain alliance that elevates NMG's market position and long-term prospects.

20 May

4

Nouveau Monde Graphite Inc. has started construction of its Matawinie Mine Project in Quebec. Mine construction launch represents a major strategic step toward commercial graphite production and revenue.

19 May

4

Nouveau Monde Graphite held a ground-breaking ceremony to officially launch construction of the Matawinie Mining Project. Ground-breaking for Matawinie mine construction advances NMG from development to active build-out of core graphite production capacity.

4

Prime Minister Carney breaks ground on Nouveau Monde Graphite's Matawinie Mine in Québec, the largest graphite mine in the G7. Groundbreaking of the Matawinie Mine advances Nouveau Monde Graphite's core project and strengthens its long-term production outlook.

18 May

4

Eni completes investment in Nouveau Monde Graphite Inc.'s Canadian battery feedstock project. Eni's completed investment delivers major strategic funding and validation for NMG's core graphite operations.

15 May

5

Nouveau Monde Graphite Inc. (NMG) completed its previously announced US$309.5 million equity financing package, confirming the Final Investment Decision for Phase-2 of the Matawinie Mine. Securing US$309.5 million equity financing and confirming FID for Phase-2 Matawinie Mine enables NMG's major production expansion and transforms its long-term graphite market position.

13 May

4

Nouveau Monde Graphite Inc. (NMG) disclosed voting results from its Annual General & Special Meeting and announced signing a definitive offtake agreement with the Government of Canada. The offtake agreement with the Government of Canada secures long-term graphite sales, materially advancing NMG's project development and investor confidence.

4

Nouveau Monde Graphite Inc. (NMG) shares rose 1.7% in US premarket trading as the company nears declaring the final investment decision for Phase 2 of its Matawinie Mine. Nearing the final investment decision for Phase 2 Matawinie Mine marks a major strategic milestone poised to expand NMG's production capacity and strengthen its graphite market position.

4

Nouveau Monde Graphite Inc. (NMG) released its quarterly update, filed its 2025 ESG Report, and began construction at the Matawinie Mine. Construction start at Matawinie Mine marks a major milestone advancing NMG toward graphite production and boosting long-term prospects.

29 Apr

4

Nouveau Monde Graphite Inc. (NMG) unveils transformation study for Quebec's Lac Carheil project, yielding impressive economic results that highlight strong viability for graphite production. Impressive economic outcomes from the Lac Carheil transformation study signal major advancements in NMG's graphite project, positively impacting future operations and investor sentiment.

16 Apr

4

Nouveau Monde Graphite Inc. (NMG) closed a US$96.5 million equity public offering, raising funds through the sale of common shares via underwriters led by BMO Capital Markets. Securing US$96.5 million in equity financing bolsters NMG's balance sheet for project development and accelerates its path to production.

13 Apr

4

Eni invests $70 million in Nouveau Monde Graphite Inc. (NMG) to strengthen the graphite supply chain. Eni's $70 million investment provides major funding and strategic partnership for NMG's graphite operations, significantly boosting its growth trajectory and investor sentiment.

11 Apr

4

Eni links graphite supply deal with Nouveau Monde Graphite Inc. (NMG) to its battery manufacturing expansion and energy transition strategy. Eni's graphite supply tie-up with NMG secures a major customer for battery materials, enhancing NMG's revenue pipeline and investor confidence.

10 Apr

4

Nouveau Monde Graphite Inc. (NMG) secured a US$82 million investment from the Canada Growth Fund as part of a broader financing package. The $82 million investment provides critical non-dilutive funding to advance NMG's graphite production projects, enhancing its growth trajectory and investor confidence.

4

Eni invests $70 million to acquire a stake in Canada's Nouveau Monde Graphite Inc. (NMG), supporting the graphite producer's battery materials projects. Eni's $70 million stake provides NMG with major funding and a strategic energy sector partnership, significantly enhancing its growth prospects and investor confidence.

9 Apr

5

Nouveau Monde Graphite Inc. (NMG) is raising US$297 million to fund its Matawinie Mine Project. Raising US$297 million directly funds NMG's flagship Matawinie Mine, enabling graphite production and profoundly reshaping its competitive position in the EV battery market.

5

Nouveau Monde Graphite Inc. (NMG) announces US$297 million equity financing package, including US$213 million private placement and US$84 million bought deal public offering, to advance Phase-2 Matawinie Mine toward Final Investment Decision. US$297 million equity financing directly funds Phase-2 Matawinie Mine advancement to FID, fundamentally enhancing NMG's graphite production prospects and market position.

4

Canada Growth Fund announces ~US$82 million investment to support construction of Nouveau Monde Graphite Inc.'s flagship Matawinie Mine. ~US$82 million investment from Canada Growth Fund provides major funding for NMG's flagship Matawinie Mine construction, significantly advancing its path to production.

4

Nouveau Monde Graphite Inc. (NMG) secured a US$297 million equity financing package, including a US$213 million private placement and a US$84 million bought deal public offering, to advance its Phase-2 Matawinie Mine toward Final Investment Decision (FID). US$297 million financing directly funds Phase-2 Matawinie Mine advancement to FID, enabling major project progression and boosting NMG's growth trajectory.

27 Mar

4

Nouveau Monde Graphite Inc. (NMG) signed a new graphite supply deal with the Canadian Government. Government supply deal secures off-take agreements and funding support, significantly boosting NMG's project development and investor confidence.

26 Mar

4

Nouveau Monde Graphite Inc. (NMG) shares dropped 0.9% in US premarket after filing 2025 financials, advancing Phase 2 Matawinie Mine toward construction, and issuing an update with the Government of Canada. Advancing Phase 2 Matawinie Mine toward construction marks a significant strategic step enhancing NMG's production capacity and long-term prospects.

4

Nouveau Monde Graphite Inc. (NMG) and the Government of Canada executed an updated binding offtake and marketing framework for the Matawinie Graphite project, securing government commitment to purchase and market output. Binding offtake agreement with the Government of Canada de-risks NMG's Matawinie project by guaranteeing sales and marketing, significantly boosting revenue prospects and investor confidence.

4

Nouveau Monde Graphite Inc. (NMG) filed its 2025 financial reports and advanced Phase-2 of the Matawinie Mine toward construction. Advancing Phase-2 Matawinie Mine toward construction marks a major strategic step enhancing NMG's production capacity and long-term graphite market position.

19 Mar

4

Government-backed project debt for Nouveau Monde Graphite's Matawinie Mine has transformed the company's investment story by providing critical financing and reducing risk, boosting its appeal to investors. Government-backed debt secures vital funding for the Matawinie Mine, markedly improving NMG's financial position and market perception.

18 Mar

4

Nouveau Monde Graphite Inc. (NMG) secures milestone senior debt financing to advance Phase-2 of its Matawinie Mine project. Milestone senior debt financing for Phase-2 Matawinie Mine de-risks project development and accelerates NMG's path to commercial production.

17 Mar

4

Export Development Canada (EDC) and CIB extend financing package to Nouveau Monde Graphite Inc. (NMG), supporting its graphite production projects. Extended financing from EDC and CIB provides critical capital for NMG's mine and anode facility development, significantly boosting growth prospects.

4

Nouveau Monde Graphite Inc. (NMG) secured senior project debt financing for Phase-2 development of its Matawinie Mine. Securing senior project debt funds Phase-2 Matawinie Mine expansion, enabling major production scale-up and boosting NMG's long-term prospects.

26 Feb

5

Former President Trump identifies Nouveau Monde Graphite (NMG) as his secret weapon in countering China's dominance in the rare earth and critical minerals supply chain, highlighting NMG's Quebec-based Matawinie project as key to North American battery materials production and U.S. strategic independence. Trump's high-profile endorsement elevates NMG's strategic role in U.S. critical minerals security, poised to attract massive investment and redefine its long-term market dominance.

25 Feb

4

Nouveau Monde Graphite Inc. (NMG) completed acquisition of a brownfield site in Bécancour, Quebec, to deploy production of active anode material for Panasonic Energy, advancing its integrated battery materials strategy. Acquisition enables anode material production for major partner Panasonic Energy, marking a significant strategic step toward commercialization and revenue generation in EV battery supply chain.

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