NextSource Materials Inc. (TSE:NEXT - Get Free Report) traded up 14.3% during mid-day trading on Friday . The company traded as high as C$0.74 and last traded at C$0.72. 167,042 shares changed hands during mid-day trading, an increase of 112% from the average session volume of 78,932 shares. The stock had previously closed at C$0.63.
NextSource Materials Trading Up 4.8 %
The company has a current ratio of 1.30, a quick ratio of 0.18 and a debt-to-equity ratio of 40.54. The firm's 50-day moving average price is C$0.58 and its 200 day moving average price is C$0.71. The company has a market cap of C$102.81 million, a price-to-earnings ratio of -13.20 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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