NextSource Materials Inc. (OTCMKTS:NSRCF – Get Free Report) traded down 11.4% during trading on Wednesday . The company traded as low as $0.18 and last traded at $0.20. 166,233 shares were traded during trading, an increase of 451% from the average session volume of 30,184 shares. The stock had previously closed at $0.22.
NextSource Materials Price Performance
The firm has a market cap of $39.59 million, a price-to-earnings ratio of -2.68 and a beta of 1.06. The business’s 50-day moving average price is $0.33 and its two-hundred day moving average price is $0.43.
NextSource Materials (OTCMKTS:NSRCF – Get Free Report) last issued its quarterly earnings results on Friday, February 14th. The company reported ($0.02) earnings per share for the quarter. The business had revenue of $50 billion during the quarter.
NextSource Materials Company Profile
NextSource Materials Inc acquires, explores for, and develops mineral properties in Madagascar and Canada. The company primarily explores for graphite and vanadium deposits. Its flagship property is the 100% owned Molo graphite mine project located in the Southern Madagascar Region, Madagascar. The company was formerly known as Energizer Resources Inc The company was founded in 2004 and is headquartered in Toronto, Canada.
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