NextSource Materials Inc. is a Canada-based battery materials development company. The Company is focused on supplying battery materials through the mining and value-added processing of graphite and other minerals. Its segments include mine development and BAF development. The Companyâ€™s principal business is the development of the Molo Graphite Mine (the Molo Mine) located near the town of Fotadrevo in the Province of Toliara, Madagascar. The Molo Mine has a production capacity of about 150,000 tons per annum (tpa) of SuperFlake graphite concentrate. The Company is also developing a downstream graphite value-added business through the staged rollout of Battery Anode Facilities capable of large-scale production of coated, spheronized and purified graphite for direct delivery to battery and automotive customers. It also owns the Green Giant Vanadium Project, located in Madagascar, and the Sagar Project, located in Quebec, which are at the exploration and evaluation stage.

Employees

283

Sector

Diversified Mining

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Quotes

Date	Price	Change	Volume
07/08/26	CA$0.3000	0.00%	44,253
06/08/26	CA$0.3000	+5.26%	67,100
05/08/26	CA$0.2850	+1.79%	10,500
04/08/26	CA$0.2800	0.00%	17,992
31/07/26	CA$0.2800	+3.70%	7,358

Delayed Quote Toronto S.E.

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Income Statement and Estimates

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

0.3000CAD

Average target price

0.8750CAD

Spread / Average Target

+191.67%

Consensus

Quarterly revenue - Rate of surprise

Company calendar

Market Closed - Toronto S.E. Other stock markets 22:06:20 07/08/2026 +04			5-day change	1st Jan Change
0.3000 ^CAD	0.00%		+7.14%	-11.76%

07-27	NextSource Materials Announces Updated Feasibility Study Results for Molo Mine Expansion to 150,000 Tpa of Superflake Graphite Concentrate	CI
05-09	NextSource Materials Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended March 31, 2026	CI

Market Cap	73.65M 52.85M 45.71M 42.69M 39.16M 5.03B 74.82M 501M 197M 2.52B 198M 194M 8.33B	P/E 2026 *	-	P/E 2027 *	-
Enterprise Value	73.65M 52.85M 45.71M 42.69M 39.16M 5.03B 74.82M 501M 197M 2.52B 198M 194M 8.33B	EV / Sales 2026 *	59.6x	EV / Sales 2027 *	12.2x
Free-Float	51.66%	Yield 2026 *	-	Yield 2027 *	-

07-27	NextSource Materials Announces Updated Feasibility Study Results for Molo Mine Expansion to 150,000 Tpa of Superflake Graphite Concentrate	CI
05-09	NextSource Materials Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended March 31, 2026	CI
03-02	NextSource Materials Inc. Enter into A Binding Agreement with Syrah Resources Limited for the Supply of Natural Graphite Fines for Nextsource's Planned Battery Anode Facility in Abu Dhabi, United Arab Emirates	CI
03-02	NextSource Materials Inc. Announces Resignation of Jaco Crouse as Chief Financial Officer	CI
03-02	Syrah Resources Signs Offtake Deal With TSX-Listed Battery Materials Firm; Shares Down 4%	MT
03-02	Syrah Resources signs Balama binding offtake with NextSource	RE
02-24	NextSource Materials Inc. announced that it has received CAD 24.999988 million in funding from Vision Blue Resources Ltd.	CI
02-18	NextSource Materials Inc. Reports Earnings Results for the Second Quarter and Six Months Ended December 31, 2025	CI
02-10	NextSource Materials announces C$25 million LIFE offering to advance UAE battery anode facility	RE
02-09	NextSource Materials Inc. announced that it expects to receive funding from Vision Blue Resources Ltd. and other investors	CI
02-05	NextSource Materials Inc. Executes Letter of Intent with One of the Major Japanese Anode Processors to Supply EV Anode Material to OEMs	CI
01-07	NextSource Materials Announces Arrival of First Equipment Shipment in UAE for Its Battery Anode Facility and Significant Progress on Front-End Engineering and Design	CI
11-14	NextSource Materials Inc. Reports Earnings Results for the First Quarter Ended September 30, 2025	CI

09/10/24	NextSource Materials Maintained at Market Perform, Speculative Risk, at BMO; Price Target Removed	MT
07/05/24	NextSource Materials Initiated at Market Perform, Speculative Risk at BMO; Price Target Set at C$1.00	MT
07/05/24	NextSource Materials Initiated at BMO at Market Perform, $1 Price Target	MT
19/12/22	NextSource Materials Coverage Suspended by BMO Capital Markets Following Analyst Departure	MT
26/05/22	NextSource Materials Keeps Outperform Rating at BMO Capital Markets Following Meetings on Molo Progress	MT

NextSource Materials Inc. Stock

Stocks

NEXT

CA65343M2094

Diversified Mining

Valuation: NextSource Materials Inc.

Chart: NextSource Materials Inc.

Latest news : NextSource Materials Inc.

Analysts' recommendations: NextSource Materials Inc.

Press Releases: NextSource Materials Inc.

Quotes and Performance

Course Extremes

Managers and Directors: NextSource Materials Inc.

Latest insider transactions

Integrated Mining

Financials

Company Profile

Quotes

Income Statement and Estimates

Analysts' Consensus

Quarterly revenue - Rate of surprise

07-27	NextSource Materials Announces Updated Feasibility Study Results for Molo Mine Expansion to 150k tpa of SuperFlake(R) Graphite Concentrate	AQ
07-01	NextSource Materials Provides Clarification on a Prior News Release	AQ
05-14	Germany's BGR Assesses NextSource Materials' Molo Graphite Mine as Part of Federal Critical Minerals Study	AQ
05-12	NextSource Materials Announces Final Investment Decision for UAE Battery Anode Facility	AQ
03-04	NextSource Materials Extends Mitsubishi Chemical Offtake Agreement Timelines	AQ

1 week	+7.14%
Current month	+7.14%
1 month	+3.45%
3 months	-17.81%
6 months	-40.00%
Current year	-11.76%

1 week	0.27	0.3
1 month	0.27	0.3
Current year	0.24	0.6
1 year	0.24	0.63
3 years	0.15	1.96
5 years	0.15	4.9
10 years	0.15	5.3

Manager	Title	Age	Since
Hanré Rossouw CEO	Chief Executive Officer	51	01/11/2024
Nick Miller COO	Chief Operating Officer	-	01/05/2025
Craig Scherba CEO	Chief Executive Officer	53	01/09/2015

Director	Title	Age	Since
Craig Scherba BRD	Director/Board Member	53	01/01/2010
Christopher Kruba BRD	Director/Board Member	50	02/12/2019
Brett Whalen CHM	Chairman	51	24/08/2020

Date	Insider	Type	Main position	Quantity	% Market Cap.
01/03/26	Theseus (Guernsey) Ltd. as Trustee of The Athol 3 Settlement	Sell	Company	27,944,464	15.0577%
01/03/26	Theseus (Guernsey) Ltd. as Trustee of The Athol 3 Settlement	Sell	Company	27,944,464	15.0577%
01/03/26	Theseus (Guernsey) Ltd. as Trustee of The Athol 3 Settlement	Sell	Company	13,972,232	7.5288%

Add to a list 0 selected To use this feature you must be a member Log in Sign up	Change	5-day change	1-year change	3-year change	Capi.($)
NEXTSOURCE MATERIALS INC.	0.00%	+7.14%	-31.82%	-81.71%	52.85M
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GRUPO MÉXICO, S.A.B. DE C.V.	+2.26%	+8.22%	+84.95%	+163.34%	102B
GLENCORE PLC	-1.59%	+2.58%	+98.61%	+21.96%	88.22B
SAUDI ARABIAN MINING COMPANY (MAADEN)	+1.43%	+6.80%	+15.80%	+43.93%	62.49B
ANGLO AMERICAN PLC	+1.16%	+7.74%	+87.51%	+60.98%	58.16B
TECK RESOURCES LIMITED	-0.01%	+9.95%	+103.40%	+65.27%	32.64B
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HINDUSTAN ZINC LIMITED	+1.85%	+11.43%	+41.56%	+89.74%	26.68B
Average	+1.09%	+7.26%	+59.65%	+86.18%	79.88B
Weighted average by Cap.	+0.81%	+5.64%	+68.56%	+73.43%

	2026 *	2027 *
Net sales	1.24M 887K 767K 716K 657K 84.4M 1.26M 8.4M 3.3M 42.3M 3.33M 3.26M 140M	6.04M 4.34M 3.75M 3.5M 3.21M 413M 6.14M 41.09M 16.13M 207M 16.28M 15.93M 684M
Net income	-	-
Net Debt	-	-