NextSource Materials Inc. (TSX:NEXT)

Canada flag Canada · Delayed Price · Currency is CAD
0.3100
-0.0350 (-10.14%)
Jun 10, 2026, 3:58 PM EST
Market Cap76.11M +157.3%
Revenue (ttm)1.60M +343.3%
Net Income-50.56M
EPS-0.27
Shares Out 245.51M
PE Ration/a
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume284,702
Open0.3550
Previous Close0.3450
Day's Range0.3100 - 0.3700
52-Week Range0.2000 - 0.6300
Beta0.47
AnalystsBuy
Price Target0.88 (+183.87%)
Earnings DateSep 25, 2026

About NextSource Materials

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 ... [Read more]

Sector Materials
Founded 2004
Employees 283
Stock Exchange Toronto Stock Exchange
Ticker Symbol NEXT
Full Company Profile

Financial Performance

Financial numbers in USD Financial Statements

Analyst Summary

According to 3 analysts, the average rating for NEXT stock is "Buy." The 12-month stock price target is $0.88, which is an increase of 183.87% from the latest price.

Price Target
$0.88
(183.87% upside)
Analyst Consensus: Buy
Stock Forecasts

News

NextSource Materials says Germany’s BGR assesses Molo Graphite Mine

NextSource Materials (NSRCF) announced that a technical team from Germany’s Federal Institute for Geosciences and Natural Resources attended a site visit at the Company’s Molo Graphite Mine in souther...

27 days ago - TheFly

Germany's BGR Assesses NextSource Materials' Molo Graphite Mine as Part of Federal Critical Minerals Study

TORONTO, ON / ACCESS Newswire / May 14, 2026 / NextSource Materials Inc. (TSX:NEXT)(OTCQB:NSRCF) ("NextSource" or the "Company") is pleased to announce that a technical team from Germany's Federal Ins...

27 days ago - Accesswire

NextSource Materials announces FID for UAE Battery Anode Facility

NextSource Materials (NSRCF) announced that it has approved a Final Investment Decision on Phase 1 of its proposed Battery Anode Facility in the Industrial City of Abu Dhabi, UAE. The…

4 weeks ago - TheFly

NextSource Materials Announces Final Investment Decision for UAE Battery Anode Facility

TORONTO, ON / ACCESS Newswire / May 12, 2026 / NextSource Materials Inc. (TSX:NEXT)(OTCQB:NSRCF) ("NextSource" or the "Company") is pleased to announce that it has approved a Final Investment Decision...

4 weeks ago - Accesswire

NextSource Materials Registration statement: Q3 2026

NextSource Materials filed a registration statement on May 8, 2026, providing details about a securities offering with the SEC.

4 weeks ago - Filings

NextSource Materials Registration statement: Q3 2026

NextSource Materials filed a registration statement on May 8, 2026, providing details about a securities offering with the SEC.

4 weeks ago - Filings

NextSource Materials initiated with a Buy at Maxim

Maxim initiated coverage of NextSource Materials (NSRCF) with a Buy rating and $1 price target

7 weeks ago - TheFly

nextSource Appoints Erik Thornberg as Chief Technology and Innovation Officer to Accelerate Innovation Initiatives

A strategic appointment accelerates nextSource's capability to provide its clients with a sustainable competitive advantage A strategic appointment accelerates nextSource's capability to provide its c...

2 months ago - GlobeNewsWire

NextSource Materials extends Mitsubishi Chemical offtake agreement timelines

NextSource Materials (NSRCF) (NSRCF0 has agreed with Mitsubishi Chemical Corporation (MTLHF) to extend the timetable for the binding multi-year Offtake Agreement, announced on August 5. All core comme...

3 months ago - TheFly

NextSource Materials Extends Mitsubishi Chemical Offtake Agreement Timelines

TORONTO, ON / ACCESS Newswire / March 3, 2026 / NextSource Materials Inc. (TSX:NEXT)(OTCQB:NSRCF) ("NextSource" or the "Company") is pleased to announce that it has agreed with Mitsubishi Chemical Cor...

3 months ago - Accesswire

NextSource Materials signs agreement for supply of graphite fines

NextSource Materials (NSRCF) has entered into a binding agreement with Syrah Resources for the supply of natural graphite fines for NextSource’s planned battery anode facility in Abu Dhabi, United Ara...

3 months ago - TheFly

NextSource Materials CFO Jaco Crouse resigns

NextSource Materials (NSRCF) announces that Jaco Crouse has resigned from his position as CFO after accepting a senior role with another organization. Crouse will remain employed by the Company for…

3 months ago - TheFly

NextSource Materials Signs Agreement for the Supply of Graphite Fines as Additional Source of Feedstock for its Battery Anode Facility in Abu Dhabi

TORONTO, ON / ACCESS Newswire / March 2, 2026 / NextSource Materials Inc. (TSX:NEXT)(OTCQB:NSRCF) ("NextSource" or the "Company") announces that it has entered into a binding agreement (the "Agreement...

3 months ago - Accesswire

NextSource Materials Announces CFO Transition

TORONTO, ON / ACCESS Newswire / March 2, 2026 / NextSource Materials Inc. (TSX:NEXT)(OTCQB:NSRCF) ("NextSource" or the "Company") announces that Mr. Jaco Crouse has resigned from his position as Chief...

3 months ago - Accesswire

nextSource Announces the Gallagher-Clewes Memorial Scholarship Honoring Leadership, Service, and Lifelong Growth

NEW YORK, Feb. 25, 2026 (GLOBE NEWSWIRE) -- nextSource, Inc. is proud to announce the establishment of the Gallagher-Clewes Memorial Scholarship, a new annual program created to honor the lasting lega...

3 months ago - GlobeNewsWire

NextSource Materials Announces Closing of $25 Million LIFE Offering to Advance UAE Battery Anode Facility

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, ON / ACCESS Newswire / February 24, 2026 / NextSource Materials Inc. ("NextSource" or the "Co...

3 months ago - Accesswire

NextSource Materials Registration statement: Q2 2026

NextSource Materials filed a registration statement on February 17, 2026, providing details about a securities offering with the SEC.

4 months ago - Filings

NextSource Materials Registration statement: Q2 2026

NextSource Materials filed a registration statement on February 17, 2026, providing details about a securities offering with the SEC.

4 months ago - Filings

NextSource Materials Slides: Corporate presentation

NextSource Materials has posted slides in relation to its latest quarterly earnings report, which was published on February 13, 2026.

4 months ago - Filings

NextSource Materials executes LOI with Japanese anode processor

NextSource Materials (NSRCF) executed a letter of intent with a one of the major Japanese anode material producers for the potential long-term supply of anode active materials for use in…

4 months ago - TheFly

NextSource Materials Executes Letter of Intent with One of the Major Japanese Anode Processors to Supply EV Anode Material to OEMs

TORONTO, ON / ACCESS Newswire / February 5, 2026 / NextSource Materials Inc. (TSX:NEXT)(OTCQB:NSRCF) ("NextSource" or the "Company") is pleased to announce that that it has executed a letter of intent...

4 months ago - Accesswire

NextSource Materials executes LOI with Hanwa, JOGMEC for $30M investment

NextSource Materials (NSRCF) has executed a letter of intent with Hanwa and Japan Organization for Metals and Energy Security for a potential investment in Phase 1 of the Company’s proposed…

4 months ago - TheFly

NextSource Materials Executes Letter of Intent with Hanwa and JOGMEC for a US$30 Million Strategic Investment in UAE Battery Anode Facility

Highlights: Strategic Japanese investment and partnership achieved through an executed LOI with Hanwa Co., Ltd. ("Hanwa") and Japan Organization for Metals and Energy Security ("JOGMEC") for a potenti...

4 months ago - Accesswire

NextSource Materials executes term sheets with investors, capital partners

NextSource Materials (NSRCF) has finalized multiple term sheets with strategic investors to fund Phase 1 of the Company’s proposed Battery Anode Facility in the Industrial City of Abu Dhabi in…

5 months ago - TheFly

NextSource Materials Executes Term Sheets with Strategic Investors and Local Capital Partners to Advance Towards Final Investment Decision for its Proposed UAE Battery Anode Facility

TORONTO, ON / ACCESS Newswire / January 12, 2026 / NextSource Materials Inc. (TSX:NEXT)(OTCQB:NSRCF) ("NextSource" or the "Company") is pleased to announce that it has finalized multiple term sheets w...

5 months ago - Accesswire