Analyst Price Target is $13.50
▲ +90.41% Upside Potential
This price target is based on 3 analysts offering 12 month price targets for Nouveau Monde Graphite in the last 3 months. The average price target is $13.50, with a high forecast of $16.00 and a low forecast of $11.00. The average price target represents a 90.41% upside from the last price of $7.09.
Current Consensus is
The current consensus among 3 investment analysts is to buy stock in Nouveau Monde Graphite.
Nouveau Monde Graphite, Inc. engages in the development of fully-integrated source of green battery anode material. It operates through the Acquisition, Exploration, and Evaluation of Mining Properties; and Transformation of Value-Added Graphite Products segments. The firm focuses on the operations of Matawine Graphite Mine and Advanced Materials Plant. Its solutions include research and development, mine and concentrator, value-added materials, multimodal logistics, and growth markets. The company was founded by Eric Desaulniers on December 31, 2012 and is headquartered in Saint-Michel-des-Saints, Canada.