Shares of NanoXplore Inc. (TSE:GRA – Get Free Report) rose 2.9% during trading on Monday . The company traded as high as C$2.32 and last traded at C$2.32. Approximately 39,354 shares were traded during mid-day trading, a decline of 34% from the average daily volume of 60,022 shares. The stock had previously closed at C$2.25.
Analyst Ratings Changes
Separately, Ventum Cap Mkts upgraded shares of NanoXplore to a “strong-buy” rating in a research report on Thursday, September 12th.
Get Our Latest Research Report on GRA
NanoXplore Price Performance
NanoXplore (TSE:GRA – Get Free Report) last announced its quarterly earnings results on Wednesday, September 18th. The company reported C($0.01) earnings per share for the quarter, meeting analysts’ consensus estimates of C($0.01). The business had revenue of C$38.13 million for the quarter, compared to the consensus estimate of C$37.37 million. NanoXplore had a negative net margin of 8.97% and a negative return on equity of 10.42%. On average, sell-side analysts predict that NanoXplore Inc. will post 0.02 earnings per share for the current year.
About NanoXplore
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 provides standard and custom graphene-enhanced plastic and composite products to customers in transportation, packaging, electronics, and other industrial sectors.
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