Brokers Issue Forecasts for NanoXplore Inc.’s FY2024 Earnings (TSE:GRA)

NanoXplore Inc. (TSE:GRAFree Report) – Equities researchers at B. Riley decreased their FY2024 earnings estimates for NanoXplore in a research report issued to clients and investors on Wednesday, September 13th. B. Riley analyst M. Key now expects that the company will post earnings per share of ($0.04) for the year, down from their previous estimate of ($0.03). B. Riley currently has a “Buy” rating on the stock. The consensus estimate for NanoXplore’s current full-year earnings is $0.02 per share.

NanoXplore Stock Performance

Shares of GRA stock opened at C$3.01 on Friday. The company has a debt-to-equity ratio of 21.13, a quick ratio of 2.01 and a current ratio of 2.54. NanoXplore has a one year low of C$2.05 and a one year high of C$4.03. The company’s 50-day simple moving average is C$2.97 and its 200-day simple moving average is C$3.48. The stock has a market capitalization of C$509.74 million, a price-to-earnings ratio of -33.44 and a beta of 1.14.

About NanoXplore

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NanoXplore Inc, a graphene company, manufactures and supplies graphene powder for use in industrial markets. The company offers graphene-based solutions, including GrapheneBlack powder and graphene-enhanced masterbatch pellets. It also provides standard and custom graphene-enhanced plastic and composite products to customers in transportation, packaging, electronics, and other industrial sectors.

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Earnings History and Estimates for NanoXplore (TSE:GRA)

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