NextSource Materials (TSE:NEXT) Issues Earnings Results

NextSource Materials (TSE:NEXT) posted its quarterly earnings data on Friday. The company reported C($0.04) earnings per share (EPS) for the quarter, FiscalAI reports. NextSource Materials had a negative net margin of 3,136.81% and a negative return on equity of 92.19%. The company had revenue of C$0.20 million for the quarter.

NextSource Materials Price Performance

Shares of NEXT traded down C$0.02 during mid-day trading on Friday, hitting C$0.35. 68,277 shares of the company were exchanged, compared to its average volume of 194,123. The stock has a market cap of C$85.54 million, a price-to-earnings ratio of -1.94 and a beta of -0.19. NextSource Materials has a 1-year low of C$0.15 and a 1-year high of C$0.63. The company has a 50 day moving average of C$0.30 and a 200-day moving average of C$0.38. The company has a debt-to-equity ratio of 245.98, a quick ratio of 0.18 and a current ratio of 0.28.

About NextSource Materials

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.