NSRCF
Price:
$0.57
Market Cap:
$98.64M
NextSource Materials Inc. acquires, explores for, and develops mineral properties in Madagascar and Canada. The company primarily explores for graphite and vanadium deposits. Its principal mineral property is the Molo graphite mine that includes 2,119 permits covering an area of 827.7 square kilometers located in Southern Madagascar Region, Madagascar. The company was formerly known as Energizer Resources Inc. and changed its name to NextSource Materials Inc. in April 2017. NextSource Materials Inc. was founded in 2004 and is headquartered in Toronto, Canada.[Read more]
Industry
Industrial Materials
IPO Date
2007-01-03
Stock Exchange
PNK
Ticker
NSRCF
According to NextSource Materials Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.47. This represents a change of -82.71% compared to the average of 2.69 of the last 4 quarters.
The mean historical Current Ratio of NextSource Materials Inc. over the last ten years is 1.14. The current 0.47 Current Ratio has changed 3.99% with respect to the historical average. Over the past ten years (40 quarters), NSRCF's Current Ratio was at its highest in in the September 2016 quarter at 11.54. The Current Ratio was at its lowest in in the September 2022 quarter at 0.19.
Average
1.14
Median
0.71
Minimum
0.22
Maximum
4.98
Discovering the peaks and valleys of NextSource Materials Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 366.30%
Maximum Annual Current Ratio = 4.98
Minimum Annual Increase = -84.75%
Minimum Annual Current Ratio = 0.22
Year | Current Ratio | Change |
---|---|---|
2024 | 1.30 | 27.79% |
2023 | 1.02 | 136.07% |
2022 | 0.43 | -11.01% |
2021 | 0.48 | 122.08% |
2020 | 0.22 | -54.62% |
2019 | 0.48 | -36.87% |
2018 | 0.76 | -84.75% |
2017 | 4.98 | 366.30% |
2016 | 1.07 | 62.69% |
2015 | 0.66 | -34.06% |
The current Current Ratio of NextSource Materials Inc. (NSRCF) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
0.91
5-year avg
0.69
10-year avg
1.14
NextSource Materials Inc.’s Current Ratio is less than Leading Edge Materials Corp. (14.11), less than Syrah Resources Limited (4.55), less than Mason Graphite Inc. (70.25), less than Graphite One Inc. (1.09), greater than Northern Graphite Corporation (0.33),
Company | Current Ratio | Market cap |
---|---|---|
14.11 | $15.08M | |
4.55 | $113.84M | |
70.25 | $7.06M | |
1.09 | $62.54M | |
0.33 | $13.11M |
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