Shares of NextSource Materials Inc. (TSE:NEXT – Get Free Report) fell 2.3% during mid-day trading on Monday . The company traded as low as C$0.81 and last traded at C$0.86. 26,000 shares were traded during trading, a decline of 69% from the average session volume of 83,961 shares. The stock had previously closed at C$0.88.
Analyst Upgrades and Downgrades
Separately, BMO Capital Markets set a C$1.00 target price on shares of NextSource Materials and gave the stock an “outperform” rating in a research report on Tuesday, May 7th.
View Our Latest Report on NextSource Materials
NextSource Materials Price Performance
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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