Short Interest in NextSource Materials Inc. (OTCMKTS:NSRCF) Expands By 24.6%

NextSource Materials Inc. (OTCMKTS:NSRCF) was the target of a significant growth in short interest in the month of December. As of December 15th, there was short interest totalling 149,200 shares, a growth of 24.6% from the November 30th total of 119,700 shares. Based on an average daily volume of 66,600 shares, the short-interest ratio is currently 2.2 days.

NextSource Materials Stock Down 1.4 %

Shares of OTCMKTS:NSRCF traded down $0.01 during trading on Tuesday, hitting $0.50. The stock had a trading volume of 7,941 shares, compared to its average volume of 31,974. NextSource Materials has a 12-month low of $0.33 and a 12-month high of $0.90. The stock has a market capitalization of $92.46 million, a price-to-earnings ratio of -7.14 and a beta of 1.11. The stock has a 50-day simple moving average of $0.43 and a two-hundred day simple moving average of $0.51.

NextSource Materials (OTCMKTS:NSRCF) last released its quarterly earnings data on Thursday, October 3rd. The company reported ($0.03) EPS for the quarter.

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.