NextSource Materials Inc. (TSE:NEXT - Get Free Report) was up 23.1% on Thursday . The company traded as high as C$0.50 and last traded at C$0.48. Approximately 439,622 shares changed hands during mid-day trading, an increase of 231% from the average daily volume of 132,929 shares. The stock had previously closed at C$0.39.
NextSource Materials Stock Up 15.8%
The company has a debt-to-equity ratio of 44.27, a current ratio of 0.47 and a quick ratio of 0.18. The firm has a market cap of C$65.06 million, a price-to-earnings ratio of -6.31 and a beta of 2.10. The business has a fifty day simple moving average of C$0.25 and a 200 day simple moving average of C$0.39.
NextSource Materials Company Profile
(
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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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