Nouveau Monde Graphite Inc.

Nouveau Monde Graphite Inc.verified

NMG

Price:

$1.46

Market Cap:

$223.35M

Nouveau Monde Graphite Inc. engages in the acquisition, exploration, development, and evaluation of mineral properties in Canada. It primarily explores for graphite. The company's flagship project is the Matawinie property that includes 392 mining claims covering an area of 21,750 hectares situated to the north of Montreal, Quebec. It also engages in the real estate and trading businesses. The company was formerly known as Nouveau Monde Mining Enterprises Inc. and changed its name to Nouveau Monde Graphite Inc. in February 2017. Nouveau Monde Graphite Inc. was founded in 2011 and is headquartered in Saint-Michel-des-Saints, Canada.[Read more]

Industry

Industrial Materials

IPO Date

2021-01-08

Stock Exchange

NYSE

Ticker

NMG

The Current Ratio as of September 2024 (TTM) for Nouveau Monde Graphite Inc. (NMG) is 1.85

According to Nouveau Monde Graphite Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.85. This represents a change of -38.26% compared to the average of 2.99 of the last 4 quarters.

Nouveau Monde Graphite Inc. (NMG) Historical Current Ratio (quarterly & annually)

How has NMG Current Ratio performed in the past?

The mean historical Current Ratio of Nouveau Monde Graphite Inc. over the last ten years is 4.06. The current 1.85 Current Ratio has changed 4.45% with respect to the historical average. Over the past ten years (40 quarters), NMG's Current Ratio was at its highest in in the September 2015 quarter at 9.85. The Current Ratio was at its lowest in in the June 2020 quarter at 0.38.

Quarterly (TTM)
Annual

Average

4.06

Median

4.63

Minimum

0.96

Maximum

7.81

Nouveau Monde Graphite Inc. (NMG) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Nouveau Monde Graphite Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 379.32%

Maximum Annual Current Ratio = 7.81

Minimum Annual Increase = -87.76%

Minimum Annual Current Ratio = 0.96

Quarterly (TTM)
Annual
YearCurrent RatioChange
20233.58-21.96%
20224.59-2.66%
20214.72379.32%
20200.981.03%
20190.971.85%
20180.96-87.76%
20177.8167.15%
20164.68-27.34%
20156.439.98%
20145.8517.54%

Nouveau Monde Graphite Inc. (NMG) Average Current Ratio

How has NMG Current Ratio performed in the past?

The current Current Ratio of Nouveau Monde Graphite Inc. (NMG) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

4.30

5-year avg

2.97

10-year avg

4.06

Nouveau Monde Graphite Inc. (NMG) Current Ratio vs. Peers

How is NMG’s Current Ratio compared to its peers?

Nouveau Monde Graphite Inc.’s Current Ratio is less than Mason Graphite Inc. (96.78), greater than Northern Graphite Corporation (0.35), greater than Graphite One Inc. (1.63), greater than Lomiko Metals Inc. (1.68), less than IGO Limited (5.85), less than Syrah Resources Limited (4.55), greater than Focus Graphite Inc. (0.09), less than Morella Corporation Limited (2.62), less than Vulcan Minerals Inc. (93.72), greater than Reflex Advanced Materials Corp. (0.56), greater than Alpha Copper Corp. (0.09), less than Leading Edge Materials Corp. (0), less than Lithium Australia Limited (10.47), greater than Ardea Resources Limited (0.55), less than Blackstone Minerals Limited (12.92), greater than Ceylon Graphite Corp. (1.23), greater than null (0.08),

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