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NanoXplore (GRA) to Release Quarterly Earnings on Wednesday

NanoXplore logo with Basic Materials background

NanoXplore (TSE:GRA - Get Free Report) will be releasing its earnings data after the market closes on Wednesday, November 6th. Analysts expect NanoXplore to post earnings of C($0.02) per share for the quarter.

NanoXplore (TSE:GRA - Get Free Report) last posted its quarterly earnings results on Wednesday, September 18th. The company reported C($0.01) earnings per share for the quarter, hitting analysts' consensus estimates of C($0.01). The business had revenue of C$38.13 million for the quarter, compared to the consensus estimate of C$37.37 million. NanoXplore had a negative return on equity of 10.42% and a negative net margin of 8.97%.

NanoXplore Stock Down 0.8 %

Shares of TSE:GRA traded down C$0.02 during mid-day trading on Wednesday, hitting C$2.49. 27,302 shares of the company traded hands, compared to its average volume of 60,355. The stock has a 50-day moving average price of C$2.38 and a two-hundred day moving average price of C$2.45. The stock has a market cap of C$424.82 million, a P/E ratio of -35.86 and a beta of 1.26. The company has a current ratio of 2.08, a quick ratio of 2.01 and a debt-to-equity ratio of 19.36. NanoXplore has a 12-month low of C$1.87 and a 12-month high of C$2.96.

Analyst Ratings Changes

Separately, Ventum Cap Mkts upgraded NanoXplore to a "strong-buy" rating in a research report on Thursday, September 12th. Four research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the company has an average rating of "Buy" and a consensus target price of C$3.75.

Read Our Latest Stock Analysis on NanoXplore

NanoXplore Company Profile

(Get Free Report)

NanoXplore Inc, a graphene company, manufactures and supplies graphene powder for use in industrial markets. The company offers graphene-based solutions, including GrapheneBlack powder and graphene-enhanced masterbatch pellets. It provides standard and custom graphene-enhanced plastic and composite products to customers in transportation, packaging, electronics, and other industrial sectors.

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Earnings History for NanoXplore (TSE:GRA)

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