Nouveau Monde Graphite (CVE:NOU) had its price target hoisted by Eight Capital from C$0.70 to C$0.80 in a report published on Monday morning.

Nouveau Monde Graphite stock opened at C$0.30 on Monday. Nouveau Monde Graphite has a twelve month low of C$0.25 and a twelve month high of C$0.50.

In related news, insider Armand Turpin purchased 136,000 shares of Nouveau Monde Graphite stock in a transaction dated Thursday, September 6th. The stock was bought at an average price of C$0.30 per share, for a total transaction of C$40,800.00. Insiders bought 182,800 shares of company stock valued at $55,749 in the last quarter.

Nouveau Monde Graphite Company Profile

Nouveau Monde Graphite Inc engages in the acquisition, exploration, evaluation, and development of mineral properties in Quebec, Canada. The company primarily explores for graphite. Its flagship property is the Matawinie property that includes 246 mining claims covering 13,383 hectares situated to the north of Montreal, Quebec.

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