
Nouveau Monde Graphite Reports Increased Losses in Q3 2025

Nouveau Monde Graphite Inc. reported a significant net loss of $76.7 million for Q3 2025, up from $8.1 million in Q3 2024, due to increased mining project expenses and financial costs. Total assets fell from $204.1 million to $161.3 million, raising concerns about the company's financial stability. The latest analyst rating for TSE:NOU is a Buy with a C$4.70 price target, but Spark's AI Analyst rates it as Underperform due to ongoing losses and lack of revenue generation.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
The latest update is out from Nouveau Monde Mining ( (TSE:NOU) ).
Nouveau Monde Graphite Inc. released its condensed consolidated interim unaudited financial statements for the three and nine-month periods ending September 30, 2025. The company reported a significant net loss of $76.7 million for the third quarter of 2025, compared to a $8.1 million loss in the same period in 2024. This increase in losses is attributed to higher mining project expenses and financial costs. The company’s total assets decreased from $204.1 million at the end of 2024 to $161.3 million by September 2025, indicating financial challenges. The rise in liabilities, particularly the derivative warrant liability, has impacted the company’s financial position, raising concerns about its going concern status.
The most recent analyst rating on (TSE:NOU) stock is a Buy with a C$4.70 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. operates in the mining industry, focusing on the production of graphite materials. The company is based in Quebec, Canada, and is engaged in developing its graphite mining projects and battery material plant projects.
Average Trading Volume: 136,068
Technical Sentiment Signal: Buy
Current Market Cap: C$606M
Learn more about NOU stock on TipRanks’ Stock Analysis page.

