Cormark Has Negative Forecast for NanoXplore FY2025 Earnings

NanoXplore Inc. (TSE:GRA) – Research analysts at Cormark cut their FY2025 earnings per share (EPS) estimates for NanoXplore in a report released on Thursday, February 13th. Cormark analyst M. Whale now expects that the company will post earnings of ($0.04) per share for the year, down from their prior estimate of ($0.02). The consensus estimate for NanoXplore’s current full-year earnings is $0.02 per share.

A number of other equities research analysts have also recently commented on the stock. Raymond James cut shares of NanoXplore from an “outperform” rating to a “market perform” rating and lowered their price objective for the company from C$4.00 to C$3.00 in a research note on Thursday, February 13th. Royal Bank of Canada lowered their price target on shares of NanoXplore from C$3.25 to C$3.00 and set an “outperform” rating on the stock in a research report on Thursday, February 13th. Finally, National Bankshares dropped their price objective on shares of NanoXplore from C$3.50 to C$3.00 and set an “outperform” rating for the company in a research note on Thursday, February 13th.

NanoXplore Trading Down 0.4 %

Shares of GRA stock opened at C$2.32 on Monday. The stock has a market cap of C$397.49 million, a P/E ratio of -35.73 and a beta of 1.26. The company has a quick ratio of 2.01, a current ratio of 2.22 and a debt-to-equity ratio of 21.81. NanoXplore has a fifty-two week low of C$2.03 and a fifty-two week high of C$2.96. The business has a fifty day simple moving average of C$2.41 and a 200-day simple moving average of C$2.37.

NanoXplore Company Profile

NanoXplore Inc is a graphene company, manufacturer, and supplier of high-volume graphene powder for use in industrial markets. The company provides graphene-enhanced plastic and composite products to various customers in transportation, packaging, electronics, and other industrial sectors. Geographically, it generates a majority of revenue from the United States.