Nouveau Monde Graphite: Stocks Undervalued by Analyst Consensus on TSX-V (NOU)
Nouveau Monde Graphite Inc is among the group of undervalued stocks on the TSX Venture Exchange. This means the consensus value for each stock on this list is above its current price.
This report is generated monthly. It provides the close price and target price for these companies along with the number of analysts covering the stock. Also included is the fiscal year for the target price as sometimes these analyst targets are not for the current or even the next fiscal year. Stocks in this category are held primarily for capital appreciation.
There may be a number of reasons why a company would be on this list. Companies with a large analyst following with a difference in price versus target are worth exploring in more detail.
| Symbol | Name | Target Year | Close Price | Target Price Mean | Currency | Target Price # Estimates |
|---|---|---|---|---|---|---|
| SGML | Sigma Lithium Corp | 2024 | 38.32 | 64.5 | CAD | 4 |
| ARTG | Artemis Gold Inc | 2024 | 5.94 | 11.0833 | CAD | 9 |
| PMET | Patriot Battery Metals Inc | 2024 | 9.55 | 18.1 | CAD | 5 |
| NFG | New Found Gold Corp | 2024 | 4.93 | 9.7625 | CAD | 4 |
| SGD | Snowline Gold Corp | 2024 | 4.61 | 10.5 | CAD | 2 |
| SLI | Standard Lithium Corp | 2024 | 3.23 | 8.25 | CAD | 2 |
| HIVE | HIVE Digital Technologies Ltd | 2024 | 3.88 | 8.5936 | CAD | 2 |
| ODV | Osisko Development Corp | 2024 | 4.04 | 8.22 | CAD | 5 |
| LI | American Lithium Corp | 2025 | 1.52 | 5 | CAD | 1 |
| EMX | EMX Royalty Corp | 2023 | 2.25 | 5.75 | USD | 1 |
| LIFT | Li-FT Power Ltd | 2024 | 6.1 | 11.75 | CAD | 2 |
| LTH | Lithium Ionic Corp | 2024 | 1.65 | 5.625 | CAD | 4 |
| MTA | Metalla Royalty & Streaming Ltd | 2024 | 4.03 | 10 | CAD | 2 |
| NOU | Nouveau Monde Graphite Inc | 2024 | 3.48 | 8.5 | CAD | 1 |
| HITI | High Tide Inc | 2024 | 2.01 | 5.9375 | CAD | 4 |
| GPV | GreenPower Motor Company Inc | 2024 | 3.8 | 9.6386 | CAD | 1 |
| HAM | Highwood Asset Management Ltd | 2024 | 5.2 | 9 | CAD | 2 |
| GIP | Green Impact Partners Inc | 2024 | 3.58 | 14.6 | CAD | 5 |
| KUT | Redishred Capital Corp | 2024 | 3.1 | 7.25 | CAD | 3 |
| FCLI | Full Circle Lithium Corp | 2024 | 0.57 | 4 | CAD | 1 |
| CNX | Callinex Mines Inc | 2024 | 1.86 | 5.85 | CAD | 2 |
| EVGN | EverGen Infrastructure Corp | 2024 | 2.13 | 5.75 | CAD | 4 |
| GAME | GameSquare Holdings Inc | 2024 | 1.9 | 7 | USD | 1 |
| FCA-U | Firm Capital Apartment REIT | 2024 | 2.25 | 6.5312 | CAD | 2 |
| KWE | KWESST Micro Systems Inc | 2023 | 1.28 | 5 | USD | 1 |
All data provided as of November 23, 2023.
More about Nouveau Monde Graphite Inc
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 Matawinie Mine Project and the Battery Material Plant project.
Nouveau Monde Graphite Inc is listed under NOU on the TSX Venture Exchange.
Artificial intelligence at Report on Business
Report on Business scans market data using algorithms to process large quantities of information. The results are specialized reports produced through automation. Ongoing ROB project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day Closing Summary reports for all North American securities.
