Shares of NextSource Materials Inc. (TSE:NEXT - Get Free Report) rose 11.7% on Wednesday . The company traded as high as C$0.34 and last traded at C$0.34. Approximately 447,400 shares were traded during trading, an increase of 134% from the average daily volume of 191,321 shares. The stock had previously closed at C$0.30.
NextSource Materials Trading Up 10.0%
The stock has a market capitalization of C$80.65 million, a price-to-earnings ratio of -1.83 and a beta of -0.14. The company has a debt-to-equity ratio of 245.98, a current ratio of 0.28 and a quick ratio of 0.18. The business's 50-day simple moving average is C$0.30 and its two-hundred day simple moving average is C$0.38.
NextSource Materials (TSE:NEXT - Get Free Report) last announced its quarterly earnings results on Tuesday, February 17th. The company reported C($0.07) earnings per share for the quarter. The business had revenue of C$0.18 million for the quarter. NextSource Materials had a negative net margin of 3,136.81% and a negative return on equity of 92.19%.
About NextSource Materials
(
Get Free Report)
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.
Read More
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider NextSource Materials, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and NextSource Materials wasn't on the list.
While NextSource Materials currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
The space race is growing fast, and you don’t have to wait for SpaceX to go public to invest. This report shows seven space stocks you can buy today that may grow as rockets, satellites, defense, space internet, and new space technology become more important.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
