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Nouveau Monde Mining ( (TSE:NOU) ) has shared an update.
On November 12, 2025, Nouveau Monde Graphite Inc. announced the results of an updated feasibility study for its Phase-2 Matawinie Mine, conducted in accordance with the National Instrument 43-101 standards. The study, which excluded the Phase 2 of the Bécancour Battery Material Plant, reaffirmed the technical and economic viability of the mine, projecting a 25-year life span with an annual processing rate of 2.56 million tonnes. The feasibility study highlighted a capital expenditure of US$421 million and an annual operating cost of US$44 million, with an after-tax internal rate of return of 15.8%. The study also identified potential risks related to construction productivity, equipment delivery times, and contractor bids, but noted the project’s resilience to variations in capital and operating costs.
The most recent analyst rating on (TSE:NOU) stock is a Buy with a C$4.70 price target. To see the full list of analyst forecasts on Nouveau Monde Mining stock, see the TSE:NOU Stock Forecast page.
Spark’s Take on TSE:NOU Stock
According to Spark, TipRanks’ AI Analyst, TSE:NOU is a Underperform.
Nouveau Monde Mining is facing significant financial challenges with persistent losses and no revenue generation, heavily impacting its score. While technical indicators suggest some positive momentum, the lack of profitability and unattractive valuation metrics weigh down the overall assessment. The absence of earnings call insights and corporate events leaves key strategic and operational questions unanswered.
To see Spark’s full report on TSE:NOU stock, click here.
More about Nouveau Monde Mining
Nouveau Monde Graphite Inc. operates in the mining industry, focusing on the extraction and production of graphite. The company is primarily involved in developing the Matawinie Graphite Mine in Quebec, Canada, with a market focus on supplying high-purity graphite for various industrial applications.
Average Trading Volume: 175,620
Technical Sentiment Signal: Buy
Current Market Cap: C$573.1M
For a thorough assessment of NOU stock, go to TipRanks’ Stock Analysis page.