Nouveau Monde Mining (NOU) Receives a Rating Update from a Top Analyst
TipRanks (Tue, 22-Sep 8:55 AM ET)
Business Wire (Mon, 14-Sep 7:00 AM ET)
Business Wire (Thu, 13-Aug 7:00 AM ET)
Business Wire (Wed, 1-Jul 7:00 AM ET)
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 Mining projects (which includes the Matawinie Mine project and the Uatnan Mining Project) and the Battery Material Plant project.
Nouveau Monde Graphite Common Shares trades on the NYSE stock market under the symbol NMG.
As of September 25, 2026, NMG stock price declined to $1.33 with 76,432 million shares trading.
NMG has a beta of 1.94, meaning it tends to be more sensitive to market movements. NMG has a correlation of 0.10 to the broad based SPY ETF.
NMG has a market cap of $437.72 million. This is considered a Small Cap stock.
In the last 3 years, NMG traded as high as $6.06 and as low as $1.22.
The top ETF exchange traded funds that NMG belongs to (by Net Assets): SETM.
NMG has underperformed the market in the last year with a price return of -47.2% while the SPY ETF gained +17.9%. NMG has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -7.0% and -1.5%, respectively, while the SPY returned +5.5% and +2.1%, respectively.
NMG support price is $1.32 and resistance is $1.38 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that NMG shares will trade within this expected range on the day.