NextSource Materials (OTCMKTS:NSRCF) Trading Down 2.4% – What’s Next?

NextSource Materials Inc. (OTCMKTS:NSRCFGet Free Report)’s stock price was down 2.4% during mid-day trading on Tuesday . The company traded as low as $0.27 and last traded at $0.27. Approximately 3,534 shares changed hands during trading, a decline of 84% from the average daily volume of 22,349 shares. The stock had previously closed at $0.28.

NextSource Materials Trading Down 2.4 %

The firm has a market capitalization of $50.15 million, a PE ratio of -3.39 and a beta of 1.07. The firm’s fifty day moving average price is $0.46 and its 200 day moving average price is $0.46.

NextSource Materials (OTCMKTS:NSRCFGet Free Report) last issued its earnings results on Friday, February 14th. The company reported ($0.02) EPS for the quarter. The business had revenue of $50 billion during the quarter.

NextSource Materials Company Profile

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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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