Cormark Comments on NanoXplore’s FY2025 Earnings (TSE:GRA)

NanoXplore Inc. (TSE:GRA) – Cormark dropped their FY2025 earnings per share estimates for NanoXplore in a note issued to investors on Thursday, February 13th. Cormark analyst M. Whale now anticipates that the company will post earnings per share of ($0.04) 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.

GRA has been the topic of a number of other research reports. National Bankshares dropped their price target on NanoXplore from C$3.50 to C$3.00 and set an “outperform” rating on the stock in a research report on Thursday. Royal Bank of Canada dropped their price target on NanoXplore from C$3.25 to C$3.00 and set an “outperform” rating on the stock in a research report on Thursday. Finally, Raymond James lowered NanoXplore from an “outperform” rating to a “market perform” rating and dropped their price target for the stock from C$4.00 to C$3.00 in a research report on Thursday.

NanoXplore Price Performance

Shares of GRA opened at C$2.33 on Monday. The company has a current ratio of 2.22, a quick ratio of 2.01 and a debt-to-equity ratio of 21.81. NanoXplore has a 1 year low of C$2.00 and a 1 year high of C$2.96. The stock has a market cap of C$399.21 million, a P/E ratio of -35.89 and a beta of 1.26. The stock’s 50-day moving average price is C$2.40 and its two-hundred day moving average price is C$2.37.

About NanoXplore

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.