NextSource Materials Inc. (TSE:NEXT – Get Free Report)’s share price was down 10.1% during mid-day trading on Wednesday . The company traded as low as C$0.31 and last traded at C$0.31. Approximately 279,702 shares changed hands during trading, an increase of 34% from the average daily volume of 209,049 shares. The stock had previously closed at C$0.35.
NextSource Materials Stock Down 10.1%
The company has a debt-to-equity ratio of 136.73, a quick ratio of 0.18 and a current ratio of 0.62. The company has a market capitalization of C$75.77 million, a price-to-earnings ratio of -1.55 and a beta of -0.13. The stock’s fifty day simple moving average is C$0.33 and its two-hundred day simple moving average is C$0.37.
NextSource Materials (TSE:NEXT – Get Free Report) last posted its quarterly earnings data on Friday, May 8th. The company reported C($0.04) EPS for the quarter. The firm had revenue of C$0.20 million for the quarter. NextSource Materials had a negative net margin of 3,596.55% and a negative return on equity of 109.76%.
About NextSource Materials
NextSource Materials Inc is a strategic materials development company based in Toronto, Canada. The company’s Molo graphite project in Madagascar is one of the largest known and highest-quality graphite deposits globally, and contains SuperFlake graphite.
Featured Articles
- Five stocks we like better than NextSource Materials
- Everpure: AI Storage Uncertainty Overshadows Breakneck Growth
- This Tech ETF Is Beating QQQ—and Canada May Be Part of the Reason
- Intel Is the Market’s Most Mispriced AI Hedge
- The Biggest Opportunity From SpaceX’s IPO May Surprise You
Receive News & Ratings for NextSource Materials Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NextSource Materials and related companies with MarketBeat.com's FREE daily email newsletter.
