Analyst's RecommendationAnalyst reiterates a Buy rating on NMG with a price target of $2.75, based on a Discounted Cash Flow analysis of the company’s operations.
Debt FinancingNouveau Monde Graphite has secured Letters of Interest totaling over $1.0B in potential debt financing for the firm's Phase 2 project, showing strong interest in the company's future operations.
Financial PotentialThe Bécancour Battery Material Plant is estimated to have an after-tax NPV of $801.0M and an 18.0% IRR, indicating strong financial potential.