NextSource Materials (OTCMKTS:NSRCF) Trading Down 2.4% – Should You Sell?

NextSource Materials Inc. (OTCMKTS:NSRCFGet Free Report) was down 2.4% on Tuesday . The stock traded as low as $0.27 and last traded at $0.27. Approximately 3,534 shares were traded during trading, a decline of 84% from the average daily volume of 22,349 shares. The stock had previously closed at $0.28.

NextSource Materials Price Performance

The company’s 50 day simple moving average is $0.45 and its 200 day simple moving average is $0.46. The company has a market capitalization of $51.81 million, a PE ratio of -3.50 and a beta of 1.07.

NextSource Materials (OTCMKTS:NSRCFGet Free Report) last announced its earnings results on Friday, February 14th. The company reported ($0.02) earnings per share (EPS) for the quarter. The company had revenue of $50 billion during the quarter.

About NextSource Materials

(Get Free Report)

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.

See Also

Receive News & Ratings for NextSource Materials Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NextSource Materials and related companies with MarketBeat.com's FREE daily email newsletter.