Nouveau Monde Graphite Raises US$20 Million in U.S. Share Offering to Advance Québec Graphite Projects

Claim 50% Off TipRanks Premium and Invest with Confidence Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potentialNouveau Monde Mining ( (TSE:NOU) ) has provided an announcement. On December 19, 2025, Nouveau Monde Graphite Inc. closed a US$20 million public offering of 8,333,334 common shares at US$2.40 per share, with Maxim Group LLC acting as sole placement agent. The offering, conducted in the United States and permitted foreign jurisdictions, bolsters NMG’s funding for procurement of long-lead equipment, the start of construction activities, detailed engineering and indirect costs for its Matawinie Mine project, as well as engineering work toward an AACE Class 3 estimate for its 13,000-ton-per-year Bécancour Battery Material Plant, alongside general working capital and corporate needs, underpinning the company’s development of an integrated graphite supply chain in Québec. The most recent analyst rating on (TSE:NOU) stock is a Buy with a C$6.00 price target. To see the full list of analyst forecasts on Nouveau Monde Mining stock, see the TSE:NOU Stock Forecast page. Spark’s Take on TSE:NOU Stock According to Spark, TipRanks’ AI Analyst, TSE:NOU is a Underperform. Nouveau Monde Mining is facing significant financial challenges with persistent losses and no revenue generation, heavily impacting its score. While technical indicators suggest some positive momentum, the lack of profitability and unattractive valuation metrics weigh down the overall assessment. The absence of earnings call insights and corporate events leaves key strategic and operational questions unanswered. To see Spark’s full report on TSE:NOU stock, click here. More about Nouveau Monde Mining Nouveau Monde Graphite Inc. is an integrated Canadian company developing responsible mining and advanced processing operations to produce carbon-neutral advanced graphite materials. Based in Québec, it is building a fully integrated ore-to-processed-graphite value chain aimed at supplying industries such as energy, defense, technology, and manufacturing, positioning itself as a strategic, ESG-focused supplier to specialized manufacturers seeking sustainable and traceable materials. Average Trading Volume: 232,648 Technical Sentiment Signal: Hold Current Market Cap: C$647.7M