NMG – Nouveau Monde Graphite Inc

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Recommendation Rating

2.33

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5

1 = STRONG BUY | 2 = BUY | 3 = HOLD | 4 = UNDERPERFORM | 5 = SELL

Analysts’ Price Targets

Mean 6.35

Low: 6

High: 7

Total Analysts: 3

Company Profile

Nouveau Monde Graphite Inc. is a Canada-based company, which is specialized in the exploration, evaluation and development of mineral properties located in Quebec. The Company is also engaged in developing a natural graphite-based anode material. The Company’s projects include Phase-2 Matawinie Mine and Becancour Battery Material Plant. The Company owns a 100% interest in the Matawinie graphite property, which is located in Saint-Michel-des-Saints, 150 kilometers (km) north of Montreal, Quebec. The project produces approximately 103,328 tons per annum (tpa) of high-purity flake graphite concentrate. Its Battery Materials Plant is located in an industrial park and near a shipping port in Becancour, Quebec, approximately 150 km northeast of Montreal, on the Saint Lawrence River. The project produces approximately 42,616 tpa of anode material and 3,007 tpa of purified jumbo flakes.

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