share_log

Analyzing Nouveau Monde Graphite (NYSE:NMG) and Snow Lake Resources (NASDAQ:LITM)

Defense World ·  Jan 30, 2023 01:33

Nouveau Monde Graphite (NYSE:NMG – Get Rating) and Snow Lake Resources (NASDAQ:LITM – Get Rating) are both small-cap basic materials companies, but which is the better investment? We will compare the two companies based on the strength of their risk, institutional ownership, profitability, earnings, dividends, valuation and analyst recommendations.

Analyst Ratings

This is a breakdown of recent ratings for Nouveau Monde Graphite and Snow Lake Resources, as reported by MarketBeat.

Get Nouveau Monde Graphite alerts:
Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Nouveau Monde Graphite 0 0 1 0 3.00
Snow Lake Resources 0 0 0 0 N/A

Nouveau Monde Graphite presently has a consensus price target of $7.00, indicating a potential upside of 40.85%. Given Nouveau Monde Graphite's higher probable upside, research analysts plainly believe Nouveau Monde Graphite is more favorable than Snow Lake Resources.

Earnings and Valuation

This table compares Nouveau Monde Graphite and Snow Lake Resources' gross revenue, earnings per share and valuation.
Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Nouveau Monde Graphite N/A N/A -$31.83 million ($0.81) -6.14
Snow Lake Resources N/A N/A -$7.46 million N/A N/A

Profitability

This table compares Nouveau Monde Graphite and Snow Lake Resources' net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Nouveau Monde Graphite N/A -59.47% -48.38%
Snow Lake Resources N/A N/A N/A

Institutional and Insider Ownership

8.0% of Nouveau Monde Graphite shares are owned by institutional investors. Comparatively, 8.2% of Snow Lake Resources shares are owned by institutional investors. 22.7% of Nouveau Monde Graphite shares are owned by company insiders. Comparatively, 13.4% of Snow Lake Resources shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.

Volatility and Risk

Nouveau Monde Graphite has a beta of 0.59, meaning that its stock price is 41% less volatile than the S&P 500. Comparatively, Snow Lake Resources has a beta of 3.17, meaning that its stock price is 217% more volatile than the S&P 500.

Summary

Snow Lake Resources beats Nouveau Monde Graphite on 5 of the 8 factors compared between the two stocks.

About Nouveau Monde Graphite

(Get Rating)

Nouveau Monde Graphite, Inc. engages in the development of fully-integrated source of green battery anode material. It operates through the Acquisition, Exploration, and Evaluation of Mining Properties; and Transformation of Value-Added Graphite Products segments. The firm focuses on the operations of Matawine Graphite Mine and Advanced Materials Plant. Its solutions include research and development, mine and concentrator, value-added materials, multimodal logistics, and growth markets. The company was founded by Eric Desaulniers on December 31, 2012 and is headquartered in Saint-Michel-des-Saints, Canada.

About Snow Lake Resources

(Get Rating)

Snow Lake Resources Ltd., a natural resource exploration company, engages in the exploration and development of mineral resources in Canada. The company explores for lithium mineral resources. It holds interest in the Thompson Brothers Lithium property covering an area of 55,318 acres; and a 100% interest in Snow Lake Lithium property comprising 122 mineral claims covering an area of 22,386.30 hectares located in north central Manitoba. The company was incorporated in 2018 and is based in Winnipeg, Canada.

Receive News & Ratings for Nouveau Monde Graphite Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nouveau Monde Graphite and related companies with MarketBeat.com's FREE daily email newsletter.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
    Write a comment