What is Roth Capital's Estimate for CVE:NOU FY2024 Earnings?

Nouveau Monde Graphite Inc. (CVE:NOU - Free Report) - Stock analysts at Roth Capital raised their FY2024 EPS estimates for shares of Nouveau Monde Graphite in a research note issued to investors on Wednesday, November 20th. Roth Capital analyst J. Reagor now anticipates that the company will earn ($0.64) per share for the year, up from their prior estimate of ($0.67). The consensus estimate for Nouveau Monde Graphite's current full-year earnings is ($0.46) per share. Roth Capital also issued estimates for Nouveau Monde Graphite's Q4 2024 earnings at ($0.12) EPS, Q2 2025 earnings at ($0.07) EPS, Q3 2025 earnings at ($0.07) EPS, Q4 2025 earnings at ($0.07) EPS and FY2025 earnings at ($0.28) EPS.

Nouveau Monde Graphite Stock Down 1.7 %

NOU traded down C$0.03 during trading on Friday, hitting C$1.72. 33,584 shares of the company's stock were exchanged, compared to its average volume of 45,482. The company has a quick ratio of 1.29, a current ratio of 1.85 and a debt-to-equity ratio of 15.36. The business's 50 day moving average is C$2.00 and its two-hundred day moving average is C$2.31. Nouveau Monde Graphite has a fifty-two week low of C$1.70 and a fifty-two week high of C$4.20. The stock has a market cap of C$193.59 million, a P/E ratio of -1.73 and a beta of 1.82.

About Nouveau Monde Graphite

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 property including 176 mining claims covering an area of 9,264 hectares located in Quebec.