TSE:NEXT

NextSource Materials (NEXT) Stock Price, News & Analysis

C$0.62
-0.02 (-3.13%)
(As of 05/6/2024 ET)
Today's Range
C$0.62
C$0.65
50-Day Range
C$0.61
C$0.82
52-Week Range
C$0.60
C$2.17
Volume
77,256 shs
Average Volume
85,091 shs
Market Capitalization
C$96.58 million
P/E Ratio
N/A
Dividend Yield
7.61%
Price Target
C$4.00

NextSource Materials MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
545.2% Upside
C$4.00 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.20 out of 5 stars

NEXT stock logo

About NextSource Materials Stock (TSE:NEXT)

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.

NEXT Stock Price History

NEXT Stock News Headlines

Biden’s $374B Giveaway Into This Sector
Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here
Vanadium Miners News For The Month Of February 2024
CFPB Warns of a New Imposter Scam
Biden’s $374B Giveaway Into This Sector
Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here
NextSource Materials Inc NEXT
NextSource Materials ships first graphite from Molo
Closing Bell: Nextsource Materials Inc up on Tuesday (NEXT)
NextSource Materials
Closing Bell: Nextsource Materials Inc flat on Friday (NEXT)
See More Headlines
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Industry, Sector and Symbol

Industry
Other Industrial Metals & Mining
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
52
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$4.00
High Stock Price Target
C$4.00
Low Stock Price Target
C$4.00
Potential Upside/Downside
+545.2%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
C$-6,420,000.00
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
N/A
Cash Flow
C$0.01 per share
Book Value
C$0.37 per share

Miscellaneous

Free Float
N/A
Market Cap
C$96.58 million
Optionable
Not Optionable
Beta
2.19
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Key Executives

  • Mr. Craig Scherba P.Geol. (Age 52)
    President, CEO & Director
    Comp: $270.72k
  • Mr. Brent A. Nykoliation B.Com. (Age 55)
    Executive Vice President of Corporate Development
    Comp: $203.2k
  • Danniel Stokes
    Vice President of Special Projects
  • Mr. Jonathan Andrew Velloza (Age 53)
    Interim Chief Operating Officer
  • Dr. Markus Reichardt
    Vice President of Sustainability
  • Mr. Johann Knipe de Bruin (Age 54)
    Senior Consultant of Operational Readiness

NEXT Stock Analysis - Frequently Asked Questions

Should I buy or sell NextSource Materials stock right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for NextSource Materials in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" NEXT shares.
View NEXT analyst ratings
or view top-rated stocks.

What is NextSource Materials' stock price target for 2024?

1 analysts have issued 1 year target prices for NextSource Materials' stock. Their NEXT share price targets range from C$4.00 to C$4.00. On average, they anticipate the company's stock price to reach C$4.00 in the next twelve months. This suggests a possible upside of 545.2% from the stock's current price.
View analysts price targets for NEXT
or view top-rated stocks among Wall Street analysts.

How have NEXT shares performed in 2024?

NextSource Materials' stock was trading at C$1.20 on January 1st, 2024. Since then, NEXT shares have decreased by 48.3% and is now trading at C$0.62.
View the best growth stocks for 2024 here
.

What other stocks do shareholders of NextSource Materials own?

Based on aggregate information from My MarketBeat watchlists, some companies that other NextSource Materials investors own include AltaGas (ALA), Amarin (AMRN), Actinium Pharmaceuticals (ATNM), Citius Pharmaceuticals (CTXR), Multi-Metal Development (MLY), AgEagle Aerial Systems (UAVS), Exela Technologies (XELA), Akorn (AKRX) and Acorda Therapeutics (ACOR).

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.
Compare Top Brokerages Here.

This page (TSE:NEXT) was last updated on 5/6/2024 by MarketBeat.com Staff

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