H.C. Wainwright lowered the firm’s price target on Nouveau Monde (NMG) to $2.75 from $3 and keeps a Buy rating on the shares after the company issued the results from an updated technical Feasibility Study report for the Matawinie Mine and Becancour Battery Material Plant.
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Read More on NMG:
- Nouveau Monde Graphite Advances Toward Key Investment Decision with Strong Financial Backing
- Nouveau Monde Graphite Releases Updated Feasibility Study for Phase-2 Projects
- Nouveau Monde price target lowered to $2.40 from $3 at Roth MKM
- Nouveau Monde Graphite Advances Phase-2 Operations with Updated Feasibility Study
- Nouveau Monde Graphite Updates Executive Compensation Strategy
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