NextSource Materials Inc. (TSE:NEXT – Get Free Report)’s share price shot up 1.9% during trading on Friday . The stock traded as high as C$0.55 and last traded at C$0.53. 13,425 shares changed hands during mid-day trading, a decline of 83% from the average session volume of 77,918 shares. The stock had previously closed at C$0.52.
NextSource Materials Stock Up 1.9 %
The stock has a market capitalization of C$82.56 million, a PE ratio of -10.60 and a beta of 2.10. The company has a current ratio of 1.30, a quick ratio of 0.18 and a debt-to-equity ratio of 40.54. The company’s 50-day moving average is C$0.59 and its 200 day moving average is C$0.73.
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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