Nextsource Materials Stock Analysis
| NSRCF Stock | USD 0.27 0.01 3.57% |
NextSource Materials is overvalued with Real Value of 0.26 and Hype Value of 0.27. The main objective of NextSource Materials otc analysis is to determine its intrinsic value, which is an estimate of what NextSource Materials is worth, separate from its market price. There are two main types of NextSource Materials' stock analysis: fundamental analysis and technical analysis.
The NextSource Materials otc stock is traded in the USA on OTCQB Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and NextSource Materials' ongoing operational relationships across important fundamental and technical indicators.
NextSource |
NextSource OTC Stock Analysis Notes
About 49.0% of the company outstanding shares are owned by corporate insiders. The company had not issued any dividends in recent years. NextSource Materials had 1:10 split on the 25th of May 2021. NextSource Materials Inc. acquires, explores for, and develops mineral properties in Madagascar and Canada. NextSource Materials Inc. was founded in 2004 and is headquartered in Toronto, Canada. Nextsource Materials is traded on OTC Exchange in the United States.The quote for NextSource Materials is listed on Over The Counter exchange (i.e., OTC), and the entity is not required to meet listing requirements such as those found on the Nasdaq, NYSE, or AMEX exchanges. To find out more about NextSource Materials contact Craig PGeol at 416-364-4911 or learn more at https://www.nextsourcematerials.com.NextSource Materials Investment Alerts
| NextSource Materials generated a negative expected return over the last 90 days | |
| NextSource Materials has high historical volatility and very poor performance | |
| NextSource Materials has some characteristics of a very speculative penny stock | |
| NextSource Materials has high likelihood to experience some financial distress in the next 2 years | |
| NextSource Materials has accumulated 349.82 K in total debt. NextSource Materials has a current ratio of 0.42, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist NextSource Materials until it has trouble settling it off, either with new capital or with free cash flow. So, NextSource Materials' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like NextSource Materials sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for NextSource to invest in growth at high rates of return. When we think about NextSource Materials' use of debt, we should always consider it together with cash and equity. | |
| NextSource Materials has accumulated about 9.79 M in cash with (1.63 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.1. | |
| Roughly 49.0% of the company outstanding shares are owned by corporate insiders |
NextSource Market Capitalization
The company currently falls under 'Small-Cap' category with a current market capitalization of 199.67 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate NextSource Materials's market, we take the total number of its shares issued and multiply it by NextSource Materials's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Technical Drivers
As of the 21st of March, NextSource Materials secures the Standard Deviation of 6.2, risk adjusted performance of (0.05), and Mean Deviation of 4.54. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of NextSource Materials, as well as the relationship between them. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We were able to break down thirteen technical drivers for NextSource Materials, which can be compared to its peers in the industry. Please verify NextSource Materials standard deviation, as well as the relationship between the maximum drawdown and kurtosis to decide if NextSource Materials is priced some-what accurately, providing market reflects its recent price of 0.27 per share. As NextSource Materials appears to be a penny stock we also strongly suggest to check its jensen alpha numbers.NextSource Materials Price Movement Analysis
The output start index for this execution was nineteen with a total number of output elements of fourty-two. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. NextSource Materials middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for NextSource Materials. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
NextSource Materials Outstanding Bonds
NextSource Materials issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. NextSource Materials uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most NextSource bonds can be classified according to their maturity, which is the date when NextSource Materials has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Morgan Stanley 3591 Corp BondUS61744YAK47 | View | |
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| Valero Energy Partners Corp BondUS91914JAA07 | View | |
| MPLX LP 4875 Corp BondUS55336VAJ98 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View |
NextSource Materials Predictive Daily Indicators
NextSource Materials intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of NextSource Materials otc stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 0.96 | |||
| Day Median Price | 0.27 | |||
| Day Typical Price | 0.27 | |||
| Price Action Indicator | (0.01) | |||
| Period Momentum Indicator | (0.01) | |||
| Relative Strength Index | 32.09 |
NextSource Materials Forecast Models
NextSource Materials' time-series forecasting models are one of many NextSource Materials' otc stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary NextSource Materials' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About NextSource OTC Stock Analysis
OTC Stock analysis is the technique used by a trader or investor to examine and evaluate how NextSource Materials prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling NextSource shares will generate the highest return on investment. We also built our otc analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual OTC such as NextSource Materials. By using and applying NextSource OTC Stock analysis, traders can create a robust methodology for identifying NextSource entry and exit points for their positions.
NextSource Materials Inc. acquires, explores for, and develops mineral properties in Madagascar and Canada. NextSource Materials Inc. was founded in 2004 and is headquartered in Toronto, Canada. Nextsource Materials is traded on OTC Exchange in the United States.
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As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our otc stock analysis tools, you can find out how much better you can do when adding NextSource Materials to your portfolios without increasing risk or reducing expected return.Did you try this?
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Complementary Tools for NextSource OTC Stock analysis
When running NextSource Materials' price analysis, check to measure NextSource Materials' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy NextSource Materials is operating at the current time. Most of NextSource Materials' value examination focuses on studying past and present price action to predict the probability of NextSource Materials' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NextSource Materials' price. Additionally, you may evaluate how the addition of NextSource Materials to your portfolios can decrease your overall portfolio volatility.
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