NextSource Materials Inc. (TSE:NEXT – Get Free Report) fell 1.3% during mid-day trading on Monday . The company traded as low as C$0.77 and last traded at C$0.77. 6,500 shares were traded during trading, a decline of 92% from the average session volume of 80,316 shares. The stock had previously closed at C$0.78.
Analyst Upgrades and Downgrades
Separately, BMO Capital Markets set a C$1.00 price target on NextSource Materials and gave the company an “outperform” rating in a report on Tuesday, May 7th.
Check Out Our Latest Research Report on NextSource Materials
NextSource Materials Stock Down 1.3 %
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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