NextSource Materials Inc. (OTCMKTS:NSRCF – Get Free Report) shares dropped 2.4% on Tuesday . The stock traded as low as $0.27 and last traded at $0.27. Approximately 3,534 shares changed hands during mid-day trading, a decline of 84% from the average daily volume of 22,349 shares. The stock had previously closed at $0.28.
NextSource Materials Stock Down 2.4 %
The business has a 50-day simple moving average of $0.46 and a 200-day simple moving average of $0.46. The stock has a market cap of $50.15 million, a P/E ratio of -3.39 and a beta of 1.07.
NextSource Materials (OTCMKTS:NSRCF – Get Free Report) last posted its quarterly earnings data on Friday, February 14th. The company reported ($0.02) earnings per share (EPS) for the quarter. The company had revenue of $50 billion for the quarter.
About NextSource Materials
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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