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NextSource Materials (OTCMKTS:NSRCF) Shares Down 6.1% - Here's What Happened

NextSource Materials logo with Basic Materials background

NextSource Materials Inc. (OTCMKTS:NSRCF - Get Free Report) shares were down 6.1% on Monday . The stock traded as low as $0.37 and last traded at $0.37. Approximately 11,836 shares changed hands during mid-day trading, a decline of 64% from the average daily volume of 33,097 shares. The stock had previously closed at $0.39.

NextSource Materials Price Performance

The firm has a market capitalization of $68.27 million, a P/E ratio of -5.28 and a beta of 1.11. The company's 50-day simple moving average is $0.42 and its two-hundred day simple moving average is $0.52.

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

About NextSource Materials

(Get Free Report)

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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