NextSource Materials (OTCMKTS:NSRCF) Shares Down 2.4% - Time to Sell?

NextSource Materials Inc. (OTCMKTS:NSRCF - Get Free Report)'s stock price fell 2.4% during trading on Tuesday . The stock traded as low as $0.27 and last traded at $0.27. 3,534 shares were traded during mid-day trading, a decline of 84% from the average session volume of 22,349 shares. The stock had previously closed at $0.28.

NextSource Materials Trading Down 2.9 %

The company has a market capitalization of $50.30 million, a price-to-earnings ratio of -3.40 and a beta of 1.07. The firm's 50-day moving average price is $0.44 and its 200 day moving average price is $0.45.

NextSource Materials (OTCMKTS:NSRCF - Get Free Report) last announced its quarterly earnings results on Friday, February 14th. The company reported ($0.02) earnings per share (EPS) for the quarter. The company had revenue of $50 billion 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.