NextSource Materials Inc. (OTCMKTS:NSRCF - Get Free Report) was the recipient of a large increase in short interest in the month of December. As of December 15th, there was short interest totalling 149,200 shares, an increase of 24.6% from the November 30th total of 119,700 shares. Based on an average trading volume of 66,600 shares, the days-to-cover ratio is currently 2.2 days.
NextSource Materials Stock Performance
Shares of OTCMKTS NSRCF traded down $0.01 during trading hours on Tuesday, reaching $0.50. 7,941 shares of the stock were exchanged, compared to its average volume of 31,974. The firm has a market capitalization of $92.46 million, a price-to-earnings ratio of -7.14 and a beta of 1.11. The stock's fifty day simple moving average is $0.44 and its 200 day simple moving average is $0.51. NextSource Materials has a 52 week low of $0.33 and a 52 week high of $0.90.
NextSource Materials (OTCMKTS:NSRCF - Get Free Report) last posted its quarterly earnings data on Thursday, October 3rd. The company reported ($0.03) earnings per share for the quarter.
About NextSource Materials
(
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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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