NextSource Materials (TSE:NEXT) Trading Down 3.3% – Should You Sell?

Shares of NextSource Materials Inc. (TSE:NEXTGet Free Report) traded down 3.3% during trading on Friday . The stock traded as low as C$0.43 and last traded at C$0.44. 61,257 shares traded hands during mid-day trading, a decline of 38% from the average session volume of 98,950 shares. The stock had previously closed at C$0.45.

NextSource Materials Price Performance

The company has a market capitalization of C$76.74 million, a P/E ratio of -2.77 and a beta of 0.58. The business’s 50-day moving average is C$0.40 and its two-hundred day moving average is C$0.40. The company has a quick ratio of 0.18, a current ratio of 0.47 and a debt-to-equity ratio of 44.27.

NextSource Materials (TSE:NEXTGet Free Report) last issued its quarterly earnings data on Thursday, November 13th. The company reported C($0.04) earnings per share (EPS) for the quarter. The business had revenue of C$0.59 million for the quarter.

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.

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