NextSource Materials Inc. (TSE:NEXT - Get Free Report) was down 5.6% on Monday . The stock traded as low as C$0.68 and last traded at C$0.68. Approximately 66,822 shares changed hands during trading, a decline of 2% from the average daily volume of 68,070 shares. The stock had previously closed at C$0.72.
NextSource Materials Trading Down 4.0 %
The company has a fifty day simple moving average of C$0.77 and a two-hundred day simple moving average of C$0.69. The company has a current ratio of 0.47, a quick ratio of 0.18 and a debt-to-equity ratio of 44.27. The company has a market cap of C$56.78 million, a PE ratio of -5.51 and a beta of 2.10.
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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