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Nouveau Monde Graphite Inc. (V:NOU)

Business Focus: Specialty Mining & Metals (NEC)

Sector:  Basic Materials Industry:  Specialty Mining & Metals
 
Company Contact
Address: 6 Chemin Des Bouleaux
LANGE GARDIEN QC J8L 0G2
Tel: 1-450-7578905
Website: https://nmg.com
IR: See website
Key People
Arne Hojriis Frandsen
Chairman of the Board
Eric Desaulniers
President, Chief Executive Officer, Director
Charles-Olivier Tarte
Chief Financial Officer
Bernard Perron
Chief Operating Officer
Josee Gagnon
Vice President, Legal Affairs, Corporate Secretary
David Torralbo
Corporate Secretary
Business Overview
Nouveau Monde Graphite Inc. is a Canada-based company, which is specialized in the exploration, evaluation and development of mineral properties located in Quebec. It is focused on developing a fully integrated source of carbon-neutral battery anode material in Quebec, Canada. The Company's projects include Phase-2 Matawinie Mine, Becancour Battery Material Plant projects and Lac Gueret property. The Company owns a 100% interest in the Matawinie graphite property located in Saint-Michel-des-Saints, 150 kilometers (km) north of Montreal, Quebec. The project produces approximately 103,328 tons per annum (tpa) of high-purity flake graphite concentrate. Its Battery Materials Plant projects is located in an industrial park and near a shipping port in Becancour, Quebec, approximately 150 km northeast of Montreal, on the Saint Lawrence River. The Company owns the 100% of the rights to the Lac Gueret property, which consists of 74 map-designated claims totaling 3,999.52 hectares.
Financial Overview
For the fiscal year ended 31 December 2023, Nouveau Monde Graphite Inc revenues was not reported. Net loss increased 17% to C$56M. Higher net loss reflects Interest on borrowings and notes increase from C$895K to C$6.9M (expense), FV/Uls Adjust on Derivatives for Hedging decrease of 40% to C$6.6M (income), Accretion on borrowings and notes increase from C$816K to C$4.3M (expense).
Employees: 104 as of Dec 31, 2022
Reporting Currency: Canadian Dollars
Enterprise value: $286.47M as of Dec 31, 2023
Annual revenue (TTM): $0.00M as of Dec 31, 2023
EBITDA (TTM): -$46.93M as of Dec 31, 2023
Net annual income (TTM): -$55.99M as of Dec 31, 2023
Free cash flow (TTM): -$53.92M as of Dec 31, 2023
Net Debt Last Fiscal Year: $21.14M as of Dec 31, 2023
Shares outstanding: 92,112,108 as of Feb 15, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization