NextSource Materials Inc. (TSE:NEXT – Get Free Report)’s share price reached a new 52-week low on Friday . The company traded as low as C$0.26 and last traded at C$0.26, with a volume of 26163 shares traded. The stock had previously closed at C$0.26.
NextSource Materials Price Performance
The company has a market capitalization of C$63.83 million, a P/E ratio of -1.30 and a beta of 0.05. The stock’s fifty day simple moving average is C$0.28 and its 200-day simple moving average is C$0.31. The company has a debt-to-equity ratio of 109.60, a current ratio of 0.62 and a quick ratio of 0.18.
NextSource Materials Company Profile
NextSource Materials Inc is a battery materials company based in Toronto, Canada that is intent on becoming a vertically integrated global supplier of battery materials through the mining and value-added processing of graphite and other minerals. The Company’s Molo graphite project in Madagascar is one of the largest known and highest-quality graphite resources globally, and the only one with SuperFlake® graphite. The Molo mine has begun production through Phase 1 mine operations. The Company is also developing a significant downstream graphite value-add business through the staged rollout of Battery Anode Facilities (BAF) capable of large-scale production of coated, spheronized and purified graphite for direct delivery to battery and automotive customers, in a fully transparent and traceable manner.
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