Nouveau Monde GraphiteNMG
Market Cap: $162M
About: Nouveau Monde Graphite Inc is a mineral exploration company. The company specializes in the exploration, evaluation, and development of mineral properties located in Quebec and is developing a natural graphite-based anode material that would qualify as battery-grade material to supply the lithium-ion industry. The company currently operates in two segments: the Matawinie Mine Project and the Battery Material Plant project.
Employees: 271
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
160% more call options, than puts
Call options by funds: $13K | Put options by funds: $5K
0% more funds holding
Funds holding: 23 [Q1] → 23 (+0) [Q2]
0% more funds holding in top 10
Funds holding in top 10: 1 [Q1] → 1 (+0) [Q2]
0% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 4
3.57% less ownership
Funds ownership: 16.33% [Q1] → 12.76% (-3.57%) [Q2]
22% less capital invested
Capital invested by funds: $34.6M [Q1] → $26.9M (-$7.74M) [Q2]
33% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 6
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
HC Wainwright & Co. Heiko Ihle 43% 1-year accuracy 69 / 161 met price target | 109%upside $3 | Buy Maintained | 4 Sept 2024 |