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Nouveau Monde Graphite:Stocks Analysts Recently Upgraded on TSX-V (NOU)

AI-generated - The Globe and Mail - Sun Jun 2, 10:54PM CDT

Nouveau Monde Graphite Inc is among the group of TSX Venture Exchange stocks recently upgraded by analysts. This means each stock on this list has seen its averge consensus value move up in the last week, so at least one analyst has upgraded their view on these stocks.

This report is generated monthly. It displays the number of analysts along with their buy-hold-sell ratings for the company. A company is included when its mean rating increases from the previous week. Stocks in this category are held primarily for capital appreciation.

Companies can get upgraded for a number of reasons - but primarily due to improved future earnings potential due to new contracts, new products, cost savings or restructuring.

SymbolNameBuyOut PerformHoldUnder PerformSellNo OpinionMean RatingPrev Mean RatingMean Label
NOUNouveau Monde Graphite Inc2100004.66674.5Buy
SBIOSabio Holdings Inc1100004.54Outperform

All data provided as of May 30, 2024.

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.

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