Nouveau Monde Graphite Inc V.NOU

Alternate Symbol(s): NMG

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.

TSXV:NOU - Post by User

Nouveau Monde Graphite Inc > Interesting to see BMO holding shares of NOU

<< Previous

Bullboard Posts

Next >>

Post by youknowwhaton Oct 18, 2023 1:18pm

173 Views

Post# 35689315

Interesting to see BMO holding shares of NOU

I had a look at ownership of NOU. It is interesting to see BMO holding 438,050 shares of NOU.as of June 30.

BMO did a bought financing at $4.55 USD announced on April 11 when the closing price of NOU was $5.03 USD. Since April 11 the price of NOU has headed downward to todays price of $2.00 USD on the NY exchange.

<< Previous

Bullboard Posts

Next >>

Three micro-cap value stocks trading at peak pessimism