NextSource Materials Inc. (TSE:NEXT – Get Free Report) shares reached a new 52-week low during mid-day trading on Monday . The stock traded as low as C$0.38 and last traded at C$0.38, with a volume of 53550 shares traded. The stock had previously closed at C$0.39.
NextSource Materials Trading Down 2.4 %
The stock’s 50 day moving average is C$0.61 and its 200-day moving average is C$0.63. The company has a market cap of C$48.50 million, a P/E ratio of -4.71 and a beta of 2.10. The company has a current ratio of 0.47, a quick ratio of 0.18 and a debt-to-equity ratio of 44.27.
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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