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NextSource Materials Inc is a strategic materials development company based in Toronto, Canada. The Company has two operating segments, consisting of mine development and BAF development. No commercial revenues have been generated by the Companys' segments. The company's Molo graphite project in Madagascar is one of the widely known and highest-quality graphite deposits globally and contains SuperFlake graphite. The company also holds an interest in Green Giant Vanadium Project. Maximum of revenue is earned from Canada, followed by Madagascar, and Mauritius.

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NEXTSOURCE MATERIALS CDA by Nextsource Materials Inc.

NSRCF

TSX:NEXT

BMO Capital analyst Robin Fiedler lowered NextSource Materials Inc (TSX: NEXT) (OTC: NSRCF) price target to C$6 from C$7 while 

BMO Capital Cuts NextSource Materials Price Target By 14%

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NEXTSOURCE MATERIALS INC by Nextsource Materials Inc.

NextSource Materials Inc

Management

Press Releases

NextSource Materials Appoints Jaco Crouse as Chief Financial Officer

NextSource Materials Provides Molo Mine Update

NextSource Materials Continues to Strengthen Management Team, Appoints Industry Veteran to Head Up Global Anode Expansion

NextSource Materials Closes Private Placement  for Gross Proceeds of CAD$14.7 Million

NextSource Materials Completes First Commercial Shipments of Graphite Concentrate to Germany and USA

NextSource Materials Welcomes New President and CEO Hanré Rossouw to Deliver Next Phase of Growth

NextSource Materials Closes Final Tranche of Private Placement for Additional Gross Proceeds of CAD$720,800

NextSource Materials Announces Results of 2024 Annual Meeting of Shareholders

NextSource Materials Announces US$20M Credit Facility with Vision Blue Resources

NextSource Materials Provides Quarterly Update  and Investor Conference Call Details

NextSource Materials

BMO Capital&nbsp;analyst Robin Fiedler lowered&nbsp;NextSource Materials Inc&nbsp;(TSX:<a class="ticker" href="https://www.benzinga.com/stock/NEXT#TSX">NEXT</a>) (OTC:<a class="ticker" href="https://www.benzinga.com/stock/NSRCF#OTC">NSRCF</a>) price target to C$6 from C$7 while&nbsp;<a class="editor-rtfLink" href="https://www.benzinga.com/quote/NSRCF" style="background-image:initial; background-position:initial; background-size:initial; background-repeat:initial; background-attachment:initial; background-origin:initial; background-clip:initial; margin-top:0pt; margin-bottom:0pt; color:#4a6ee0" target="_blank">maintaining the Outperform rating</a>&nbsp;on the shares.

The analyst states that despite progressing well with Phase-1 of the graphite mine, NEXT&#39;s share performance has waned recently, absent any further clarity on the anode plant strategy.

Fiedler thinks that&#39;s from prudence and strategic optimization versus any thesis-changing concerns and sees the weakness as a buying opportunity.

The analyst believes NEXT&#39;s exclusive partnerships with established anode material suppliers are underappreciated by the market amid an attractive relative valuation to peers currently.

Ultimately, NEXT solves the downstream need to diversify away from the Chinese-dominant battery material supply without the major development risks associated with a new entrant, added Fiedler.

Price Action:&nbsp;NEXT shares are trading lower by 0.42% at C$2.35 on TSX and NSRCF higher by 1.38% at $1.84 on the last check Thursday.

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Latest NextSource Materials Stock News | OTC:NSRCF | Benzinga

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