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NYSE: NMG
Nouveau Monde Graphite Inc Stock Forecast, Predictions & Price Target

Analyst price target for NMG

Based on 1 analyst offering 12 month price targets for Nouveau Monde Graphite Inc.
Min Forecast
$8.00+286.47%
Avg Forecast
$8.00+286.47%
Max Forecast
$8.00+286.47%

Should I buy or sell NMG stock?

Based on 1 analyst offering ratings for Nouveau Monde Graphite Inc.
Buy
Strong Buy
0 analysts 0%
Buy
1 analysts 100%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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NMG stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2023-11-13

1 of 1

Forecast return on equity

Is NMG forecast to generate an efficient return?
Company
340.87%
Industry
46.91%
Market
31.36%
NMG's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is NMG forecast to generate an efficient return on assets?
Company
149.7%
Industry
21.06%
NMG is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

NMG revenue forecast

What is NMG's revenue in the next 2 years based on estimates from 1 analyst?
Avg 1 year Forecast
$1.2M
Avg 2 year Forecast
$114.3M

NMG vs Mining Stocks

TickerPricePrice TargetUp/downsideConsensus
NMG$2.07$8.00+286.47%Buy
AMLI$0.54N/AN/A
LGO$1.50$4.60+207.69%Buy
NAK$0.29$0.80+173.97%Buy
NB$2.38N/AN/A

Nouveau Monde Graphite Stock Forecast FAQ

Is Nouveau Monde Graphite Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 1 Wall Street analyst covering (NYSE: NMG) stock is to Buy NMG stock.

Out of 1 analyst, 0 (0%) are recommending NMG as a Strong Buy, 1 (100%) are recommending NMG as a Buy, 0 (0%) are recommending NMG as a Hold, 0 (0%) are recommending NMG as a Sell, and 0 (0%) are recommending NMG as a Strong Sell.

If you're new to stock investing, here's how to buy Nouveau Monde Graphite stock.

What is NMG's revenue growth forecast for 2024-2025?

(NYSE: NMG) Nouveau Monde Graphite's forecast annual revenue growth rate of N/A is not forecast to beat the US Other Industrial Metals & Mining industry's average forecast revenue growth rate of -1.86%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 12.87%.

Nouveau Monde Graphite's revenue in 2024 is $0.On average, 1 Wall Street analysts forecast NMG's revenue for 2024 to be $71,866,600, with the lowest NMG revenue forecast at $71,866,600, and the highest NMG revenue forecast at $71,866,600.

In 2025, NMG is forecast to generate $6,958,879,385 in revenue, with the lowest revenue forecast at $6,958,879,385 and the highest revenue forecast at $6,958,879,385.

What is NMG's forecast return on assets (ROA) for 2024-2025?

(NYSE: NMG) forecast ROA is 149.7%, which is higher than the forecast US Other Industrial Metals & Mining industry average of 21.06%.

What is NMG's Price Target?

According to 1 Wall Street analyst that have issued a 1 year NMG price target, the average NMG price target is $8.00, with the highest NMG stock price forecast at $8.00 and the lowest NMG stock price forecast at $8.00.

The Wall Street analyst predicted that Nouveau Monde Graphite's share price could reach $8.00 by Nov 13, 2024. The average Nouveau Monde Graphite stock price prediction forecasts a potential upside of 286.47% from the current NMG share price of $2.07.

What is NMG's forecast return on equity (ROE) for 2024-2025?

(NYSE: NMG) forecast ROE is 340.87%, which is considered strong.
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