Nouveau Monde Graphite Inc (NMG)

[MiamiGent]

NMG Although LIPO is today's leader, without even examining, it's a small pharma and those tend to flame-out.

I'm much more interested in examining NMG, as ostensibly it's a graphite stock and that was in the news this morning (China curtailing shipments out graphite out of China)

Ok, where is NMG at this moment: $2.58 +0.56 (+27.72%)
As of Oct-20-202310:45:09 AM ET

NMG chart https://stockcharts.com/h-sc/ui?s=NMG

About Nouveau Monde Graphite

NMG is striving to become a key contributor to the sustaiHere'sthis morningnable energy revolution. The Company is working towards developing a fully integrated source of carbon-neutral battery anode material in Québec, Canada for the growing lithium-ion and fuel cell markets. With enviable ESG standards, NMG aspires to become a strategic supplier to the world’s leading battery and automobile manufacturers, providing high-performing and reliable advanced materials while promoting sustainability and supply chain traceability. www.NMG.com

Here's the news this morning regarding graphite, from Seeking Alpha's poppular Wall Street Breakfest feature and reprinted here at 9:44AM
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173060965

Ok, the stock is running on real news. Always a good thing in runners world, littered with FOS stocks. But is it "a real company"? Let's see..

It recently received a positive review by Zacks, and you know they don't fool around ;);) ;)
Zacks Investment Research, Inc. upgrades NOUVEAU MONDE GRAPHITE ORD SHS from NEUTRAL to OUTPERFORM.
INVESTARS ANALYST ACTIONS - 3:14 AM ET Oct-18-2023

Only 6.9% institutional interest... hmm

No profits ... hmmm

$55M Operating Loss for 2022,losing $.86/SH ... hmmmm

Limited Financials ...hmmmmm

Below it's Offering price of $7.50

Reportedly nopaying customers yet

Anything good?

Yes, only trading at about 2x's Book of $1.33..

down about 60% from it's 52 wk high of $5.97 and more from it's offering price of $7.50

My Assessment Substantial Caution. Basically, a very poor stock BUT it is in a vital field that dead center of the news, today

Suggestion: Throw-away money, only. It could climb its chart from here. Certainly not everyone's cup of tea but good luck!

Por supuesto, I do these calculations and considerations in about two minutes if considering jumping in but here it is, spelled out for your enjoyment.

MG
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