NextSource Materials Inc NEXT

Morningstar Rating
CA$0.25 −0.02 (5.77%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

NEXT is trading at a LOCK|>@$FHy premium.
Price
CA$0.25
Fair Value
LOCK|YqLR@!
Uncertainty
LOCK|mZ ZCL?$
1-Star Price
LOCK|&cGWG@
5-Star Price
LOCK|xR%Xbw
Economic Moat
LOCK|v%!
Capital Allocation
—

Trading Information

Previous Close Price
CA$0.26
Day Range
CA$0.25–0.26
52-Week Range
CA$0.24–0.60
Bid/Ask
CA$0.25 / CA$0.26
Shares Outstanding
245.56M
Market Cap
CA$60.16M
Volume/Avg
144,384 / 82,624

Key Statistics

Price/Earnings (Normalized)
—
Price/Sales
47.02
Dividend Yield (Trailing)
0.00%
Dividend Yield (Forward)
0.00%
Dividend Payment Schedule
—
Total Yield
—

Company Profile

NextSource Materials Inc is engaged in the development of a Battery Anode Facility (BAF) in the United Arab Emirates (UAE) and the development and operation of the Molo Graphite Mine in Madagascar. The company has two operating segments, consisting of mine development and BAF development. Majority of sales is from mine development segment.
Sector
Basic Materials
Industry
Other Industrial Metals & Mining
Stock Style Box
Small Value
Total Number of Employees
283

Valuation

Metric
NEXT
Price/Earnings (Normalized)
—
Price/Book Value
1.69
Price/Sales
47.02
Price/Cash Flow
—
Price/Earnings
NEXT

Financial Strength

Metric
NEXT
Quick Ratio
0.26
Current Ratio
0.44
Interest Coverage
−6.16
Quick Ratio
NEXT

Profitability

Metric
NEXT
Return on Assets (Normalized)
−28.61%
Return on Equity (Normalized)
−78.60%
Return on Invested Capital (Normalized)
−31.29%
Return on Assets
NEXT

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