Nouveau Monde Graphite (NMG) Shares Outstanding (Diluted) (2020 - 2026)
Nouveau Monde Graphite (NMG) recorded Shares Outstanding (Diluted) of 154.03 million in Q2 2026, up 49.4% from 103.13 million a year earlier and unchanged from the prior quarter.
Nouveau Monde Graphite (NMG) Shares Outstanding (Diluted) (2020 - 2026) Analysis & Trends
Starting with Q4 2020, Nouveau Monde Graphite's Shares Outstanding (Diluted) history includes 23 quarters.
- Annual Shares Outstanding (Diluted) has increased for five straight years, with a five-year compound annual growth rate of 42.4% (FY2020 to FY2025).
- Across earlier years, Shares Outstanding (Diluted) came in at 103.13 million in FY2024 (+71.6%), 60.09 million in FY2023 (+5.3%), 57.05 million in FY2022 (+32.8%) and 42.97 million in FY2021 (+63.5%).
- On a year-over-year basis, Shares Outstanding (Diluted) has increased for 19 consecutive quarters, with growth averaging 55.0% over the last eight quarters.
- Over the past five years, the year-over-year growth in Shares Outstanding (Diluted) ranged from 5.3% (Q4 2023) to 71.6% (Q3 2025).
- Per Business Quant, the preceding three quarters came in at 154.03 million (Q1 2026), 154.03 million (Q4 2025) and 103.13 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 182.38 Bn | 151.41 Bn | - | 1.64 Bn |
| 2 | Southern Copper | 153.11 Bn | 131.97 Bn | 2.90 Bn | 829.10 Mn |
| 3 | Rio Tinto | 136.52 Bn | 97.02 Bn | - | 1.63 Bn |
| 4 | Newmont | 118.43 Bn | 83.75 Bn | 4.22 Bn | 1.05 Bn |
| 5 | Freeport-Mcmoran | 92.71 Bn | 88.86 Bn | 2.19 Bn | 1.44 Bn |
| 6 | Agnico Eagle Mines | 88.05 Bn | 77.68 Bn | 2.43 Bn | 503.43 Mn |
| 7 | Barrick Mining | 64.72 Bn | 49.46 Bn | 2.90 Bn | 1.71 Bn |
| 8 | Nucor | 58.54 Bn | 49.08 Bn | 2.03 Bn | 228.50 Mn |
| 9 | ArcelorMittal | 45.80 Bn | 26.83 Bn | - | 766.00 Mn |
| 10 | Nouveau Monde Graphite | 143.08 Mn | -320.60 Mn | - | 154.03 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 154.03 Mn |
| Mar 31, 2026 | 154.03 Mn |
| Dec 31, 2025 | 154.03 Mn |
| Sep 30, 2025 | 103.13 Mn |
| Jun 30, 2025 | 103.13 Mn |
| Mar 31, 2025 | 103.13 Mn |
| Dec 31, 2024 | 103.13 Mn |
| Sep 30, 2024 | 60.09 Mn |
| Jun 30, 2024 | 60.09 Mn |
| Mar 31, 2024 | 60.09 Mn |
| Dec 31, 2023 | 60.09 Mn |
| Sep 30, 2023 | 57.05 Mn |
| Jun 30, 2023 | 57.05 Mn |
| Mar 31, 2023 | 57.05 Mn |
| Dec 31, 2022 | 57.05 Mn |
| Sep 30, 2022 | 42.97 Mn |
| Jun 30, 2022 | 42.97 Mn |
| Mar 31, 2022 | 42.97 Mn |
| Dec 31, 2021 | 42.97 Mn |
| Sep 30, 2021 | 26.29 Mn |
Nouveau Monde Graphite Shares Outstanding (Diluted) API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=shares-outstanding-diluted&ticker=NMG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "ticker": "NMG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=shares-outstanding-diluted&ticker=NMG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();