Nouveau Monde Graphite (NMG)
(Delayed Data from NYSE)
$2.08 USD
0.00 (0.00%)
Updated May 14, 2024 03:59 PM ET
3-Hold of 5 3
F Value C Growth C Momentum F VGM
Fundamental Charts
About PEG Ratio (TTM)
The company's trailing twelve month (TTM) PEG ratio is the P/E ratio divided by its long-term growth rate consensus. This ratio essentially compares the P/E to its growth rate, thus, for many, telling a more complete story than just the P/E ratio alone. Conventional wisdom says that a PEG ratio of 1 or less is considered good (at par or undervalued to its growth rate). A value greater than 1, in general, is not as good (overvalued to its growth rate). For example, a company with a P/E ratio of 25 and a growth rate of 20% would have a PEG ratio of 1.25 (25 / 20 = 1.25). A company with a P/E ratio of 40 and a growth rate of 50% would have a PEG ratio of 0.80 (40 / 50 = 0.80). Traditionally, investors would look at the stock with the lower P/E and deem it a bargain. But when compared to its growth rate, it doesn't have the earnings growth to justify its P/E. In this example, the one with the P/E of 40 is the better bargain because it is selling at a discount to its growth rate. So the PEG ratio tells you what you're paying for each unit of earnings growth.
NMG 2.08 0.00(0.00%)
Will NMG be a Portfolio Killer in May?
Zacks Investment Research is releasing its prediction for NMG based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for NMG
After Plunging -15.94% in 4 Weeks, Here's Why the Trend Might Reverse for Nouveau Monde Graphite Inc. (NMG)
NMG: What are Zacks experts saying now?
Zacks Private Portfolio Services
Other News for NMG
Nouveau Monde’s Strides in EV Graphite Production
NMG Provides Quarterly Update, Presents Highlights from its 2023 ESG Report and Provides Notice of its Annual General Meeting of Shareholders
MASON RESOURCES ANNOUNCES STRATEGIC INVESTMENT IN QUEBEC FOCUSED NORTHX NICKEL
Nouveau Monde Secures $37.5M in Private Placements
Nouveau Monde Mining Reports Growth Amid Losses