NextSource Materials Inc. (TSE:NEXT – Get Free Report) was down 11.4% on Monday . The company traded as low as C$0.29 and last traded at C$0.29. Approximately 525,079 shares changed hands during mid-day trading, an increase of 143% from the average daily volume of 215,913 shares. The stock had previously closed at C$0.33.
NextSource Materials Stock Performance
The company’s 50-day moving average is C$0.43 and its two-hundred day moving average is C$0.43. The company has a market capitalization of C$73.32 million, a P/E ratio of -1.67 and a beta of 0.81. The company has a quick ratio of 0.18, a current ratio of 0.28 and a debt-to-equity ratio of 245.98.
NextSource Materials Company Profile
NextSource Materials Inc is a strategic materials development company based in Toronto, Canada. The company’s Molo graphite project in Madagascar is one of the largest known and highest-quality graphite deposits globally, and contains SuperFlake graphite.
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