NextSource Materials Inc. (OTCMKTS:NSRCF – Get Free Report) shares fell 6.1% during mid-day trading on Monday . The stock traded as low as $0.37 and last traded at $0.37. 11,836 shares changed hands during trading, a decline of 64% from the average session volume of 33,097 shares. The stock had previously closed at $0.39.
NextSource Materials Trading Down 6.1 %
The stock has a 50 day simple moving average of $0.42 and a 200 day simple moving average of $0.53. The firm has a market capitalization of $68.29 million, a PE ratio of -5.28 and a beta of 1.11.
NextSource Materials (OTCMKTS:NSRCF – Get Free Report) last posted its quarterly earnings results on Thursday, October 3rd. The company reported ($0.03) EPS for the quarter.
About NextSource Materials
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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