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NM

Nouveau Monde Graphite Inc.

NMGBasic MaterialsNASDAQ

Other Industrial Metals & Mining · Last scanned May 30, 2026

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Financials · Annual
Revenue
$0
Net Income
-$105.2M
-43.5% YoY
EBITDA
-$95.9M
-60.8% YoY
Free Cash Flow
$3.1M

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About Nouveau Monde Graphite Inc.

Part of the basic materials sector, Nouveau Monde Graphite Inc. (NMG) is listed under Other Industrial Metals & Mining. The company carries a $641.8M market cap, placing it firmly in the small-cap category. It primarily explores for graphite.

Key stats
Market Cap$641.8M
Fwd P/E-17.14
EPS$-0.45
52W Change+9.6%
ROE-87.4%
Analysis

Nouveau Monde Graphite Inc. holds $57.3M in cash against $19.5M in total debt, giving it a net cash position. This means the company could theoretically pay off all its debt and still have cash remaining. The company generates $3.1M in free cash flow annually, which funds everything from R&D to shareholder returns without needing external financing. Return on equity stands at -87.4%, which is negative for the sector. ROE measures how effectively a company uses shareholder capital to generate profits.

The strong cash position relative to debt provides a financial cushion that reduces balance sheet risk. It is important to consider these factors alongside broader market conditions and individual financial goals when reviewing NMG.

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