NextSource Materials (NEXT) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: C$0.60 to C$0.61
• 50-Day Range: C$0.60 to C$0.79
• 52-Week Range: C$0.57 to C$1.54
• Volume: 7,507 shs
• Average Volume: 80,378 shs
• Market Capitalization: C$93.47 million
• P/E Ratio: N/A
• Dividend Yield: 7.61%
• Price Target: C$1.00
• Consensus Rating: Buy

NextSource Materials Stock Analysis - MarketRank™

NextSource Materials scored higher than 38% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

NextSource Materials has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

NextSource Materials has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of NextSource Materials is -12.00, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of NextSource Materials is -12.00, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

NextSource Materials has a P/B Ratio of 1.76. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for NEXT.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

NextSource Materials is a leading dividend payer. It pays a dividend yield of 7.61%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

NextSource Materials does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for NEXT.

News and Social Media

• Score: 0.6 / 5
• News Sentiment: N/A

Search Interest

5 people have searched for NEXT on MarketBeat in the last 30 days. This is an increase of 150% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, NextSource Materials insiders have not sold or bought any company stock.

Percentage Held by Insiders

48.58% of the stock of NextSource Materials is held by insiders. A high percentage of insider ownership can be a sign of company health.

NEXT Stock Analysis - Frequently Asked Questions

How have NEXT shares performed this year?

NextSource Materials' stock was trading at C$1.20 at the beginning of the year. Since then, NEXT stock has decreased by 50.0% and is now trading at C$0.60.
View the best growth stocks for 2024 here.

How do I buy shares of NextSource Materials?

Shares of NEXT stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
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What other stocks do shareholders of NextSource Materials own?

Based on aggregate information from My MarketBeat watchlists, some other companies that NextSource Materials investors own include Chemtrade Logistics Income Fund (CHE.UN), Mediclinic International (MDC), Ozon (OZON), Peregrine Diamonds (PGD), Amarin (AMRN), NextSource Materials (NSRCF) and Aurora Cannabis (ACB).

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Basic Materials
• Industry: Other Industrial Metals & Mining
• Sub-Industry: Utilities
• Current Symbol: TSE:NEXT
• Previous Symbol: TSE:EGZ
• CUSIP: N/A
• CIK: N/A
• Web: www.energizerresources.com
• Phone: 416-364-4911
• Fax: N/A
• Employees: 60
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$1.00
• High Stock Price Target: C$1.00
• Low Stock Price Target: C$1.00
• Potential Upside/Downside: +63.9%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C($0.05)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: C$-9,000,000.00
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: -23.22%
• Return on Assets: -6.32%

Debt

• Debt-to-Equity Ratio: 40.54
• Current Ratio: 1.30
• Quick Ratio: 0.18

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: C$0.01 per share
• Price / Cash Flow: 66.22
• Book Value: C$0.34 per share
• Price / Book: 1.79

Miscellaneous

• Outstanding Shares: 155,780,000
• Free Float: N/A
• Market Cap: C$95.03 million
• Optionable: Not Optionable
• Beta: 2.10