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 |