NextSource Materials (TSE:NEXT) Reaches New 52-Week Low at $0.60

Shares of NextSource Materials Inc. (TSE:NEXTGet Free Report) hit a new 52-week low during trading on Thursday . The company traded as low as C$0.60 and last traded at C$0.61, with a volume of 32340 shares traded. The stock had previously closed at C$0.62.

NextSource Materials Stock Down 1.6 %

The firm has a 50-day moving average price of C$0.73 and a two-hundred day moving average price of C$0.77. The company has a market capitalization of C$95.03 million, a P/E ratio of -12.20 and a beta of 2.13. The company has a quick ratio of 0.18, a current ratio of 3.79 and a debt-to-equity ratio of 22.00.

About NextSource Materials

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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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