NextSource Materials Inc trades with the ticker NEXT on the TSX and is in the Other Industrial Metals & Mining industry.
Overview
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.
Looking to invest in NextSource Materials Inc? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.
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NEXT.TO Stock Price and Key Stats
ETF Key Stats
Exchange: TSX
Market Cap : $127.743MM
PE Ratio:
Price: 5.12 (Updated: 3/12/2024 0:47:16)
NextSource Materials Inc (NEXT) vs Competitors in Other Industrial Metals & Mining
Lets see how NEXT.TO stacks up against others in the Other Industrial Metals & Mining asset management industry. We have identified its main peers as:Almonty Industries Inc, Altius Minerals Corporation, Aquila Resources Inc, Ascendant Resources Inc, Auryn Resources Inc
.Other Industrial Metals & Mining Industry Comparisons
| Company | Market Cap ($MM) | P/E Ratio | EV/EBITDA | Dividend Yield |
|---|---|---|---|---|
| Almonty Industries Inc (AII) | $142.672 | N/A | -183.262 | N/A% |
| Altius Minerals Corporation (ALS) | $888.413 | 49.658 | 16.638 | 1.7% |
| Aquila Resources Inc (AQA) | $28.861 | N/A | 0.0 | 0.0% |
| Ascendant Resources Inc (ASND) | $12.396 | 0.75 | 3.873 | N/A% |
| Auryn Resources Inc (AUG) | $347.59 | N/A | 0.0 | 0.0% |
EV/EBITDA: Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization – this ratio compares the value of a company, including debt, to the company’s cash earnings less non-cash expenses
Industry: companies that have a lot in common
Market Cap: Market Capitalization – the total value of all a corporation’s stock
N/A: Not Applicable or Not Available
P/E: Price-to-Earnings – this ratio relates a corporation’s share price to its earnings per share
Price: Stock Price – current value to buyers and sellers
Dividend Yield: Dividend or Distribution Yield
Comparisons within Other Industrial Metals & Mining
- NextSource Materials Inc (NEXT) vs Almonty Industries Inc (AII)
- AII has higher EPS (-0.04 vs -0.05). AII and NEXT both have P/E’s under 0.
- NextSource Materials Inc (NEXT) vs Altius Minerals Corporation (ALS)
- ALS has higher EPS (0.38 vs -0.05). ALS provides dividends, while NEXT does not. NEXT has a P/E under 0, indicating ALS (P/E 49.658) is in a better position.
- NextSource Materials Inc (NEXT) vs Aquila Resources Inc (AQA)
- AQA has higher EPS (-0.024 vs -0.05). AQA provides dividends, while NEXT does not. AQA and NEXT both have P/E’s under 0.
- NextSource Materials Inc (NEXT) vs Ascendant Resources Inc (ASND)
- ASND has higher EPS (0.08 vs -0.05). NEXT has a P/E under 0, indicating ASND (P/E 0.75) is in a better position.
- NextSource Materials Inc (NEXT) vs Auryn Resources Inc (AUG)
- NEXT has higher EPS (-0.05 vs -0.185). AUG provides dividends, while NEXT does not. AUG and NEXT both have P/E’s under 0.
Our Recommendation: Hold
Features a lower EV/EBITDA ratio (-21.71) than the industry average (-18.74), indicating attractive valuation.
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