NextSource Materials (TSE:NEXT) Hits New 12-Month Low at $0.75

Shares of NextSource Materials Inc. (TSE:NEXTGet Free Report) reached a new 52-week low during trading on Tuesday . The company traded as low as C$0.75 and last traded at C$0.79, with a volume of 114399 shares trading hands. The stock had previously closed at C$0.85.

NextSource Materials Trading Down 7.1 %

The stock has a market cap of C$122.91 million, a price-to-earnings ratio of 3.15 and a beta of 2.18. The business has a 50-day simple moving average of C$1.08 and a two-hundred day simple moving average of C$1.32. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.18 and a current ratio of 7.13.

NextSource Materials Company Profile

(Get Free Report)

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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