Sales And ProductionFirst commercial concentrate sales are expected this quarter, with nameplate capacity of 17ktpa expected to be achieved within the next 12 months.

Strategic PositioningNEXT's staged, vertically integrated development plan combined with an exclusive partnership secures established anode processing IP, positioning the company as a potential near-term ex-China producer at a time when the electric vehicle battery supply chain is seeking diversification.

Bears Say

Environmental UncertaintyThe environmental impact assessment process for the Mauritius BAF remains ongoing, creating uncertainty regarding the required permits.

Funding RequirementsCurrent cash balance is approximately US$11M, and it is expected that NEXT will require additional funding in the near term, assuming a US$10M equity raise.

Potential Lease TerminationNEXT may terminate the lease for its planned Mauritius facility if required permits are not secured by December 1st.

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Financials

Annual

Income Statement >

Options Prices

Currently, No data available

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Ownership Overview

42.82% Insiders

― Mutual Funds

<0.01% Other Institutional Investors

57.17% Public Companies and

Individual Investors

Detailed Ownership Overview >

NEXT FAQ

What was Nextsource Materials’s price range in the past 12 months?

Nextsource Materials lowest stock price was C$0.49 and its highest was C$1.05 in the past 12 months.

What is Nextsource Materials’s market cap?

Nextsource Materials’s market cap is C$141.74M.

When is Nextsource Materials’s upcoming earnings report date?

Nextsource Materials’s upcoming earnings report date is Feb 17, 2025 which is in 29 days.

How were Nextsource Materials’s earnings last quarter?

Nextsource Materials released its earnings results on Nov 12, 2024. The company reported -C$0.024 earnings per share for the quarter, missing the consensus estimate of N/A by -C$0.024.

Is Nextsource Materials overvalued?

According to Wall Street analysts Nextsource Materials’s price is currently Overvalued. Get more investment ideas with TipRanks Premium

Does Nextsource Materials pay dividends?

Nextsource Materials does not currently pay dividends.

What is Nextsource Materials’s EPS estimate?

Nextsource Materials’s EPS estimate is -0.03.

How many shares outstanding does Nextsource Materials have?

Nextsource Materials has 172,851,100 shares outstanding.

What happened to Nextsource Materials’s price movement after its last earnings report?

Nextsource Materials reported an EPS of -C$0.024 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went same 0%.

Which hedge fund is a major shareholder of Nextsource Materials?

Currently, no hedge funds are holding shares in TSE:NEXT

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NextSource Materials Inc Stock Smart Score

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Insider Transactions

Bought Shares

Worth C$31.6M over
the Last 3 Months

Technicals

Fundamentals

Return on Equity

-17.34%

Trailing 12-Months

Asset Growth

23.77%

Trailing 12-Months

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Company Description

Nextsource Materials

NextSource Materials Inc is a Canada based mine development company. The company is engaged in the acquisition, exploration, and development of mineral resources. Some of the company's properties are Molo Graphite Property and Green Giant Vanadium Project. Geographically, it has presence in Madagascar and Canada.

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