Nextsource Materials (OTCMKTS:NSRCF) Shares Down 0.9%

NextSource Materials Inc. (OTCMKTS:NSRCF – Get Rating)’s stock price traded down 0.9% on Monday . The company traded as low as $1.93 and last traded at $1.98. 2,125 shares traded hands during trading, a decline of 91% from the average session volume of 24,732 shares. The stock had previously closed at $2.00.

NextSource Materials Price Performance

The company has a market capitalization of $201.98 million, a price-to-earnings ratio of 19.83 and a beta of 1.56. The stock’s fifty day simple moving average is $1.80 and its two-hundred day simple moving average is $1.85.

NextSource Materials (OTCMKTS:NSRCF – Get Rating) last issued its earnings results on Wednesday, September 28th. The company reported ($0.01) earnings per share for the quarter.

NextSource Materials Company Profile

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 covering an area of 425 square kilometers located in the Southern Madagascar Region, Madagascar.

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