NextSource Materials Inc. (TSE:NEXT – Get Free Report)’s stock price hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as C$0.59 and last traded at C$0.60, with a volume of 83052 shares trading hands. The stock had previously closed at C$0.63.
NextSource Materials Price Performance
The company has a debt-to-equity ratio of 40.54, a quick ratio of 0.18 and a current ratio of 1.30. The company has a market cap of C$96.58 million, a P/E ratio of -12.60 and a beta of 2.10. The firm’s fifty day moving average is C$0.70 and its two-hundred day moving average is C$0.76.
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.
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