NMG
Nouveau Monde Graphite Inc.Basic Materials·Industrial Materials
$1.95
$314M market cap
Revenue
$0.0M
Free Cash Flow
$-29.5M
Rev Growth
+0.0%
FCF Margin
0.0%
P/FCF
--
EV/FCF
--
Fwd EV/EBITDA
--
Fair Value
--
Upside
--
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 Mon
2-Year Price History
$1.92-9.4%
Quarterly Financials & Projections
Quarterly Waterfall (CAD M)
| Period | Rev | EBITDA | OpIn | NI | OCF | FCF | CapEx | Cash | Debt | Shares | ROIC | IntCov | EV/EBITDA | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Act | 2026-Q1 | 0.0 | -14.0 | -14.3 | -4.5 | -12.4 | -16.5 | -4.1 | 58.1 | 20.1 | 162.6 | -131.7% | -54.1x | -- |
| Act | 2025-Q4 | 0.0 | -8.9 | -10.6 | 5.0 | -10.6 | -13.0 | -2.5 | 74.5 | 19.4 | 160.8 | -93.2% | -22.1x | -- |
Valuation & Metrics
Market Stats
Price$1.95
Market Cap$314M
Enterprise Value$395M
P/S Ratio0.0x
P/FCF--
EV/FCF--
FCF Margin (TTM)0.0%
FCF Yield-6.8%
Dividend Yield (TTM)--
Annual Dilution0.0%
CurrencyUSD
TTM Financial Snapshot
Revenue$0.0M
Net Income$0.5M
Free Cash Flow$-29.5M
Revenue Growth (YoY)+0.0%
EBITDA Margin0.0%
Net Margin0.0%
FCF Margin0.0%
CapEx % of Revenue0.0%
SBC % of Revenue0.0%
ROIC-112.4%
WC Change % Rev0.0%
Interest Coverage-34.5x
Forward Outlook & Risk
Short Interest
Short % of Float--
Short Shares6.3M
Days to Cover6.2
Change (vs Prior)+13.0%
Need at least 2 settlement dates for chart
Employees
Headcount113
Revenue / Employee$0
Gross Profit / Employee$-17,483
Cash Runway
23.6months
WATCH
Institutional Ownership
Headline & net flow
NEUTRAL
Net flow · —still filing
No float data — flow unavailable.
Ownership composition
Active
13.3%(+6.5% YoY)
50 filers
hedge / family / endowment
Retail funds
—
Fidelity, Schwab, 401(k)
Passive
0.0%(+0.0% YoY)
1 filers
Vanguard, iShares, SPDR
Market makers
0.1%(+0.1% YoY)
2 filers
Citadel, Susquehanna
Insiders
—
Form 4 — latest per insider
ActiveRetail fundsPassiveMarket makersRetail direct
Top holders
| Fund | $ value | Cost basis | Δ QoQ | Δ YoY | α life | Fund AUM |
|---|---|---|---|---|---|---|
| General Motors Holdings LLC | $28.0M | $2.29 | +$0 | +$0 | -22.0% | $90.5M |
| RENAISSANCE TECHNOLOGIES LLC | $3.2M | $2.26 | +$3.0M | +$3.2M | +1.2% | $63.91B |
| CITADEL ADVISORS LLC | $2.1M | $2.49 | −$8.8M | +$2.1M | -0.4% | $138.22B |
| CAISSE DE DEPOT ET PLACEMENT DU QUEBEC | $1.7M | $4.86 | +$0 | +$0 | -0.7% | $62.43B |
| Quadrature Capital Ltd | $1.3M | $2.24 | +$1.3M | +$1.3M | +1.3% | $8.40B |
| Federation des caisses Desjardins du Quebec | $1.2M | $2.12 | +$139K | +$8K | -0.3% | $27.79B |
| MILLENNIUM MANAGEMENT LLC | $1.1M | $2.60 | +$297K | +$1.1M | -0.5% | $127.40B |
| BANK OF MONTREAL /CAN/ | $468K | $2.82 | +$98K | +$355K | -0.1% | $234.58B |
| ALPS ADVISORS INC | $328K | $2.37 | +$145K | +$328K | +0.2% | $21.23B |
| JANE STREET GROUP, LLCMM | $301K | $2.49 | −$70K | +$301K | -0.1% | $92.10B |
| UBS Group AG | $280K | $2.49 | −$120K | +$280K | -0.3% | $562.11B |
| Brooklands Fund Management Ltd | $269K | $2.37 | +$126K | +$269K | +2.0% | $74.8M |
| NATIONAL BANK OF CANADA /FI/ | $261K | $2.67 | +$18K | +$30K | -0.6% | $97.70B |
| Banque Cantonale Vaudoise | $260K | $2.41 | +$142K | +$260K | -0.0% | $2.66B |
| Financial Sense Advisors, Inc. | $224K | $2.78 | +$22K | +$224K | +2.9% | $463M |
| XTX Topco Ltd | $215K | $2.06 | +$158K | +$187K | -1.9% | $5.74B |
| BANK OF AMERICA CORP /DE/ | $201K | $2.25 | +$197K | +$197K | -0.1% | $1.36T |
| MORGAN STANLEY | $167K | $2.76 | +$50K | +$147K | -0.3% | $1.65T |
| ROYAL BANK OF CANADA | $150K | $3.19 | −$3K | +$43K | -0.2% | $526.36B |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | $147K | $5.40 | +$0 | −$23K | -0.2% | $113.45B |
Cost basis is a volume-weighted estimate from accumulation periods within our 13F history; holders who built their position before our window started will show a stale basis. % above the cost basis is the unrealized gain at the current price.
Trading behavior
Smart-money alpha (lifetime, %/qtr)BULLISH
Holders
-14.13%
avg per quarter
Holders (ex-self)
-14.38%
excl. this stock
Buyers (this Q)
+0.82%
27 buyers · $0.01B in
Sellers (this Q)
-0.38%
10 sellers · $0.01B out
alpha coverage: 100% of $ has a lifetime-alpha record
Holder behavior on this stocksource: stock
On big dips (−10%+)
+10.2%
how holders react when this stock falls
On quiet Qs
+6.2%
−10% to +10% baseline
On rallies (+10%+)
+32.8%
how they react when this stock rises
Holders' portfolio flow this Q
-27.6%
outflows — trims may be forced
Sellers' portfolio flow this Q
-1.5%
Sellers shed AUM broadly — partly forced.
▸ Compare to holder-profile behavior (across all their stocks)
Holder dip (any stock)
-8.9%
Holder mid (any stock)
-3.2%
Holder rally (any stock)
-6.6%
Biggest decreases this quarter
CITADEL ADVISORS LLC−$8.8Mα-0.4DAVIDSON KEMPNER CAPITAL MANAGEMENT LPexited−$7.0MMARSHALL WACE, LLPexited−$380KGOLDMAN SACHS GROUP INC−$149Kα-0.2Point72 Asset Management, L.P.exited−$128KUBS Group AG−$120Kα-0.3Kestra Advisory Services, LLC−$73Kα-0.4JANE STREET GROUP, LLC−$70Kα-0.1INTREPID FAMILY OFFICE LLCexited−$25KROYAL BANK OF CANADA−$3Kα-0.2
New buyers this quarter
Top-5 holders · 84.4%
General Motors Holdings LLC--
RENAISSANCE TECHNOLOGIES LLC--
CITADEL ADVISORS LLC--
CAISSE DE DEPOT ET PLACEMENT DU QUEBEC--
Quadrature Capital Ltd--
Top Holders Over Time
5-year share-count history (top 10 holders by peak, incl. exited) + price
hover the chart for per-quarter detailprice (right axis)
General Motors Holdings LLC12.5MCITADEL ADVISORS LLC958KDAVIDSON KEMPNER CAPITAL MANAGEMENT LP—Alyeska Investment Group, L.P.—CAISSE DE DEPOT ET PLACEMENT DU QUEBEC744KDZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt—VAN ECK ASSOCIATES CORP—Amundi—Covalis Capital LLP—RENAISSANCE TECHNOLOGIES LLC1.4M
Analyst Coverage
Analyst Coverage
Price Targets
Last Quarter (2 analysts)$4.0010510.0%
Last Year (6 analysts)$5.2817080.0%
Current Price$1.95
Analyst Ratings
2
Buy: 2Consensus: Buy
Corporate
Order Flow (FINRA, ~3w lag)
28.2%retail+5.1pp
21.4%dark+2.7pp
week of 2026-04-13
Off-exchange volume from FINRA. Retail = non-ATS (wholesaler PFOF + broker internalization). Dark = ATS (dark-pool crossing networks, institutional). Lit-exchange = remainder.