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NextSource Materials Inc. (NEXT.TO)
CAD0.29
+0.01 (+1.79%)
CA TSX Basic Materials Industrial Materials
Address
Exchange Tower M5X 2A2
Toronto, ON, CA
Toronto, ON, CA
CEO
Hermanus Albertus Rossouw
Website
nextsourcematerials.com
IPO
2012-01-24
ISIN CA65343M2094
Also trades on
Other OTC · NSRCF (USD)
Toronto Stock Exchange · NEXT.TO (CAD)
Description
NextSource Materials Inc. explores for, develops, and evaluates mineral properties in Madagascar and Canada. It operates through Mine Development and Battery Anode Facilities (BAF) Development segments. The company explores for graphite and vanadium deposits. It holds interests in the Molo graphite mine located in the Province of Toliara in Southern Madagascar; the Green Giant Vanadium Project located in Madagascar; and the Sagar Project located in Quebec, Canada. The company also operates battery anode facilities in Mauritius. In addition, it provides mining and value-added processing of graphite concentrate and other minerals under the SuperFlake brand. 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.
Market Cap & Enterprise Value
Merger & Acquisition History
No mergers or acquisitions recorded for this company.
Technical Outlook
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Signal Summary
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| Indicator | 1D | 1W | 2W | 3W | 1M |
|---|
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
CAD0.29
+0.01 (+1.79%)
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Volume Profile
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Liquidity & share structure
Average Volume
182.0K
Beta
0.47
Float Shares
94.57M
Free Float %
51.0%
Price Performance
| 1D | 5D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | Max |
|---|---|---|---|---|---|---|---|---|---|---|
| +2.78% | -3.90% | +23.33% | -5.13% | -12.94% | +8.82% | +76.19% | -81.86% | -89.72% | -58.89% | -88.06% |
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From
To
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Annual Monthly Returns
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Daily Returns Distribution
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Revenue flow
Revenue by geography
Revenue by segment
From
To
Revenue composition
From
To
By product
By geography
Financial Statements
Select metrics from the tables below to build your comparison.
Income Statement
Balance Sheet
Cash Flow Statement
Key Metrics
Financial Ratios
Employees
Financial Growth (CAGR)
Market Data
Price Targets & DCF
Current price
0.29
Ratings Trend (MoM)
67% Bullish
| Rating | 2026-05 | Change |
|---|---|---|
| Strong Buy | 2 | 0 |
| Buy | 0 | 0 |
| Hold | 1 | 0 |
| Sell | 0 | 0 |
| Strong Sell | 0 | 0 |
Quality scores
Altman Z-Score
-3.69
Distress
Piotroski F-Score
3 / 9
Average
MOAT Score
0 / 10
No MOAT
Composite Rating
C-
Overall Score
1 / 5
Low
DCF Score
1 / 5
Low
ROE Score
1 / 5
Low
ROA Score
1 / 5
Low
D/E Score
1 / 5
Low
P/E Score
1 / 5
Low
P/Book Score
4 / 5
High
Operational MOAT
✗ Below peers
-
Revenue growth Industrial Materials: +4.8%— Q1'26: -33.2% (vs Q1'25)
-
EPS growth Industrial Materials: +16.2%-206.1% Q1'26: -119.9% (vs Q1'25)
-
FCF margin FCF growth · Industrial Materials: +3.3%-6,377.8% Q1'26: -3,960.8% (vs Q1'25)
-
EBIT margin Industrial Materials: +3.1%-3,928.2% Q1'26: -4,620.8% (vs Q1'25)
-
ROIC Industrial Materials: +2.2%-37.1% Q1'26: -34.9% (vs Q1'25)
-
Share dilution Industrial Materials: -0.2%+15.4% Q1'26: +0.1% (vs Q1'25)
-
Debt / EBITDA Net debt/EBITDA · Industrial Materials: 0.52×-0.89× Q1'26: -2.03× (vs Q1'25)
Valuation Multiples
From
To
Consensus Estimates
| Metric |
Jun 2015 actual |
Jun 2016 actual |
Jun 2017 actual |
Jun 2018 actual |
Jun 2019 actual |
Jun 2020 actual |
Jun 2023 actual |
Jun 2024 actual |
Jun 2025 actual |
Jun 2026 1 Rev. Ana. 1 EPS Ana. |
Jun 2027 1 Rev. Ana. 1 EPS Ana. |
Jun 2028 1 Rev. Ana. 1 EPS Ana. |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
—
est: 33.7K (-100.0%)
|
—
est: 32.7K (-100.0%)
|
—
est: 57.22M (-100.0%)
|
—
est: 56.31M (-100.0%)
|
—
est: 20.86M (-100.0%)
|
—
est: 20.19M (-100.0%)
|
—
est: 12.27M (-100.0%)
|
—
est: -100.00 (+100.0%)
|
714.8K
est: 9.95M (-92.8%)
|
918.3K
918.3K – 918.3K
-90.8% YoY
|
6.86M
6.86M – 6.86M
+646.5% YoY
|
10.74M
10.61M – 10.86M
+56.6% YoY
|
| EBITDA |
-7.32M
est: 20.2K (-36,257.9%)
|
-2.24M
est: 19.6K (-11,475.2%)
|
-3.86M
est: 34.33M (-111.3%)
|
-2.46M
est: 33.78M (-107.3%)
|
-3.36M
est: 12.52M (-126.9%)
|
-1.36M
est: 12.12M (-111.2%)
|
-4.58M
est: 7.36M (-162.2%)
|
-7.37M
est: -60.00 (-12,284,900.0%)
|
-27.15M
est: 5.97M (-554.6%)
|
551.0K
551.0K – 551.0K
-90.8% YoY
|
4.11M
4.11M – 4.11M
+646.5% YoY
|
6.44M
6.37M – 6.52M
+56.6% YoY
|
| EBIT |
-6.72M
est: 20.2K (-33,298.3%)
|
-2.29M
est: 19.6K (-11,760.2%)
|
-3.89M
est: 34.33M (-111.3%)
|
-2.47M
est: 33.78M (-107.3%)
|
-3.29M
est: 12.52M (-126.3%)
|
-1.37M
est: 12.12M (-111.3%)
|
-4.79M
est: 7.36M (-165.1%)
|
-7.38M
est: -60.00 (-12,293,233.3%)
|
-28.08M
est: 5.97M (-570.1%)
|
551.0K
551.0K – 551.0K
-90.8% YoY
|
4.11M
4.11M – 4.11M
+646.5% YoY
|
6.44M
6.37M – 6.52M
+56.6% YoY
|
| Net Income |
-6.07M
|
-1.63M
|
-4.00M
|
-2.79M
|
-3.21M
|
-977.6K
|
-11.68M
est: -14.45M (+19.2%)
|
-9.00M
est: -7.59M (-18.6%)
|
-32.44M
est: -8.91M (-264.3%)
|
-14.38M
-14.38M – -14.38M
-61.4% YoY
|
-7.74M
-7.74M – -7.74M
+46.1% YoY
|
-8.26M
-8.26M – -8.26M
-6.7% YoY
|
| SGA |
2.12M
est: 110.2K (+1,823.5%)
|
1.42M
est: 107.0K (+1,229.0%)
|
2.02M
est: 186.96M (-98.9%)
|
1.68M
est: 183.98M (-99.1%)
|
2.18M
est: 68.18M (-96.8%)
|
1.20M
est: 65.98M (-98.2%)
|
4.40M
est: 40.09M (-89.0%)
|
7.18M
est: -326.00 (+2,201,633.7%)
|
8.82M
est: 32.53M (-72.9%)
|
3.00M
3.00M – 3.00M
-90.8% YoY
|
22.40M
22.40M – 22.40M
+646.5% YoY
|
35.08M
34.67M – 35.49M
+56.6% YoY
|
| EPS |
-0.21
|
-0.05
|
-0.09
|
-0.06
|
-0.06
|
-0.02
|
-0.10
est: -0.08 (-21.8%)
|
-0.06
est: -0.04 (-36.9%)
|
-0.18
est: -0.05 (-257.1%)
|
-0.08
-0.08 – -0.08
-61.4% YoY
|
-0.04
-0.04 – -0.04
+46.1% YoY
|
-0.05
-0.05 – -0.05
-6.7% YoY
|
Historical Ratings (3M)
| Date | Rating | Overall | DCF | ROE | ROA | D/E | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
| 2026-05-13 | C- | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 4/5 |
| 2026-05-12 | C- | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 4/5 |
| 2026-05-11 | C- | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 3/5 |
| 2026-05-08 | C- | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 3/5 |
| 2026-05-07 | C- | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 3/5 |
| 2026-05-06 | C- | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 3/5 |
| 2026-05-05 | C- | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 3/5 |
| 2026-05-04 | C- | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 3/5 |
| 2026-05-01 | C- | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 3/5 |
| 2026-04-30 | C- | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 3/5 |
| 2026-04-29 | C- | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 3/5 |
| 2026-04-28 | C- | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 3/5 |
| 2026-04-27 | C- | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 3/5 |
| 2026-04-24 | C- | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 3/5 |
| 2026-04-23 | C- | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 3/5 |
| 2026-04-22 | C- | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 3/5 |
| 2026-04-21 | C- | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 3/5 |
| 2026-04-20 | C- | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 3/5 |
| 2026-04-17 | C- | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 3/5 |
| 2026-04-16 | C- | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 3/5 |
Owner Earnings
Owner's Earnings (history)
From
To
Owner alignment
Owner's Earnings TTM
96.05M
OE per share TTM
0.52
Owner's Yield
140.28%
Maintenance CapEx ratio
—
Maint CapEx / Avg PPE
29,340.0%
Ownership Overview
Ownership breakdown
Ownership breakdown not available.
At a glance
Institutional holders
—
Total invested
—
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)
No beneficial ownership filings recorded.
Institutional Activity (13F)
Institutional ownership trend
Institutional history not available.
Top institutional holders
Top holders not available.
ETF Ownership
Top ETFs holding this stock
This company is not held by any ETF in our universe.
Insider Activity
Insider Activity — Latest Quarter
No insider activity available.
Insider buys vs sells (history)
Insider history not available.
Recent insider transactions
No recent insider transactions.
Executive team
Top executives
EBIT / Employee
-982.00
Shares Outstanding
185.58M
Executive compensation
Executive compensation (annual)
Executive compensation not available.
CEO compensation breakdown
No CEO compensation history available.
Proxy statements
Proxy statements (DEF 14A)
No proxy statements available for this company yet.
Recent SEC filings
Recent SEC filings
No SEC filings available for this company yet.
Executive team
| Name | Title | Compensation | Gender |
|---|---|---|---|
| Hermanus Albertus Rossouw | President, Chief Executive Officer & Director | 684.0K | male |
| Marthinus Jacobus Crouse | Executive Officer | 489.3K | male |
| Craig Scherba | Chief Development Officer, Acting EVP of Operations & Director | 478.8K | male |
| Tilo Hauke | Executive Vice President of Downstream Operations | 403.2K | — |
| Brent A. Nykoliation | Executive Vice President of Strategy & Corporate Affairs | 357.5K | male |
| Markus Reichardt | Vice President of Sustainability | 284.1K | — |
| Heather Hernandez | Senior Vice President of Accounting & Financial Operations | — | female |
ESG Score History
No data available for this company.
Senate Trading Activity
No Senate trading activity found for this company.
House Trading Activity
No House trading activity found for this company.
Market share among peers
Peer comparison — filtered group (TTM)
Your opinion
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Community Opinion for NEXT.TO
Short-term intention
Target Price Distribution
These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.
