# Nouveau Monde Graphite Inc. (NMG)

> Source: Nexqual · https://nexqual.com/NMG · data as of 2026-10-28 20:00 UTC · cite as "Nexqual, Nouveau Monde Graphite Inc. (NMG), nexqual.com/NMG" · informational, not investment advice.

**Price:** USD 1.03 (+0.98% on the day) · last close of Oct 28, 2026; US market closed, not a live price. Prev close 1.02 · day 0.98–1.04 · 52w 0.87–3.6 · market cap $339M · NYQ

## Key facts
- Analysts: Buy (mean 1.75 on a 1–5 scale) (8 analysts), mean target USD 3.69 (range 1.51–5.01).
- Total return with dividends: 1Y -63.5% vs S&P 500 +13.6%; 5Y -87.5% vs S&P 500 +79.8%.
- Next earnings: 2026-11-11, EPS estimate USD -0.02, revenue estimate $0K.

## Analysts
Consensus Buy (mean 1.75 on a 1–5 scale), 8 analysts; mean target USD 3.69 (low 1.51, high 5.01).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-01 | Freedom Broker | Initiated | Hold | $1.48 |
| 2026-09-02 | Jefferies | Initiated | Buy | $2.45 |
| 2026-08-24 | HC Wainwright & Co. | Reiterated | Buy | $4.5 |

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-29) | 5Y (from 2021-10-25) |
|---|---|---|
| Total return | -63.5% | -87.5% |
| S&P 500 (SPY) | +13.6% | +79.8% |
| Per year | -63.6% | -33.9% |
| Volatility (annualized) | 74.3% | 66.4% |
| Max drawdown | -72.3% (Dec 2025→Oct 2026) | -89.5% (Nov 2021→Oct 2026) |

## Peers (Other Industrial Metals & Mining)
NEXA (Nexa Resources S.A.) USD 11.82 -1.09% · SSMR (Sunshine Silver Mining & Refini) USD 13.6 -4.09% · ALM (Almonty Industries Inc.) USD 9.39 -1.78% · SKE (Skeena Resources Limited) USD 29.65 +1.33% · USAR (USA Rare Earth, Inc.) USD 10.48 +0.77% · MTRN (Materion Corporation) USD 241.48 +2.48%

## More
Full page: https://nexqual.com/NMG · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt

## Analyst estimates and revisions

| Period | EPS est. | 90d ago | Change | Revenue est. | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends 2026-09-30) | $-0.02 | $-0.07 | +$0.04 | $0 | 4 |
| Next quarter (ends 2026-12-31) | $-0.02 | $-0.06 | +$0.04 | $0 | 3 |
| Current fiscal year (ends 2026-12-31) | $-0.10 | $-0.17 | +$0.07 | $0 | 6 |
| Next fiscal year (ends 2027-12-31) | $-0.15 | $-0.16 | +$0.01 | $0 | 5 |

## Earnings history and stock reaction
| Results filed | Quarter | EPS | Consensus | Surprise | Stock reaction |
|---|---|---|---|---|---|
| — | Quarter ended Jun 30, 2026 | −$0.04 | −$0.05 | Beat +20.0% | — |
| — | Quarter ended Dec 31, 2025 | $0.04 | −$0.10 | Beat +$0.14 | — |
| — | Quarter ended Sep 30, 2025 | −$0.50 | −$0.09 | Miss −455.6% | — |
EPS as reported against the analyst consensus before the release; surprise uses the cent-rounded figures shown (in dollars when EPS and consensus have opposite signs). Stock reaction = close before the results to close after (the first close following a release after the bell or before the open).

## Recent SEC filings (last 120 days)
| Filed | Form | What it says | Filing |
|---|---|---|---|
| 2026-10-14 | 6-K | Current report (foreign issuer) · period ended Oct 14, 2026 | https://www.sec.gov/Archives/edgar/data/1649752/000110465926115791/0001104659-26-115791-index.htm |
| 2026-10-01 | 6-K | Current report (foreign issuer) · period ended Oct 1, 2026 | https://www.sec.gov/Archives/edgar/data/1649752/000110465926112720/0001104659-26-112720-index.htm |
| 2026-08-13 | 6-K | Current report (foreign issuer) · period ended Aug 13, 2026 | https://www.sec.gov/Archives/edgar/data/1649752/000110465926095952/0001104659-26-095952-index.htm |
| 2026-08-12 | 6-K | Current report (foreign issuer) · period ended Jun 30, 2026 | https://www.sec.gov/Archives/edgar/data/1649752/000110465926095007/0001104659-26-095007-index.htm |
| 2026-07-07 | 6-K | Current report (foreign issuer) · period ended Jul 6, 2026 | https://www.sec.gov/Archives/edgar/data/1649752/000110465926080859/0001104659-26-080859-index.htm |
| 2026-07-02 | 6-K | Current report (foreign issuer) · period ended Jul 2, 2026 | https://www.sec.gov/Archives/edgar/data/1649752/000110465926080272/0001104659-26-080272-index.htm |
Source: SEC EDGAR. Quotes are the opening words of each item as filed.