Nextsource Materials Stock Analysis
| NSRCF Stock | USD 0.26 0.03 10.34% |
NextSource Materials' financial leverage is the degree to which the firm utilizes its fixed-income securities and uses equity to finance projects. Companies with high leverage are usually considered to be at financial risk. NextSource Materials' financial risk is the risk to NextSource Materials stockholders that is caused by an increase in debt. In other words, with a high degree of financial leverage come high-interest payments, which usually reduce Earnings Per Share (EPS).
Given that NextSource Materials' debt-to-equity ratio measures a OTC Stock's obligations relative to the value of its net assets, it is usually used by traders to estimate the extent to which NextSource Materials is acquiring new debt as a mechanism of leveraging its assets. A high debt-to-equity ratio is generally associated with increased risk, implying that it has been aggressive in financing its growth with debt. Another way to look at debt-to-equity ratios is to compare the overall debt load of NextSource Materials to its assets or equity, showing how much of the company assets belong to shareholders vs. creditors. If shareholders own more assets, NextSource Materials is said to be less leveraged. If creditors hold a majority of NextSource Materials' assets, the OTC Stock is said to be highly leveraged.
NextSource Materials is overvalued with Real Value of 0.25 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.
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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 had very high historical volatility over the last 90 days | |
| 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 Materials Thematic Classifications
In addition to having NextSource Materials otc stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
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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 February, NextSource Materials secures the Risk Adjusted Performance of 0.0016, standard deviation of 6.41, and Mean Deviation of 4.61. 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 0.26 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 nine with a total number of output elements of fifty-two. The Simple Moving Average indicator is calculated by adding the closing price of NextSource Materials for a given number of time periods and then dividing this total by the number of time periods. It is used to smooth out NextSource Materials short-term fluctuations and highlight longer-term trends or cycles.
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.
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.
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.NextSource Materials Debt to Cash Allocation
Many companies such as NextSource Materials, eventually find out that there is only so much market out there to be conquered, and adding the next product or service is only half as profitable per unit as their current endeavors. Eventually, the company will reach a point where cash flows are strong, and extra cash is available but not fully utilized. In this case, the company may start buying back its stock from the public or issue more dividends.
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 Assets Financed by Debt
Typically, companies with high debt-to-asset ratios are said to be highly leveraged. The higher the ratio, the greater risk will be associated with the NextSource Materials' operation. In addition, a high debt-to-assets ratio may indicate a low borrowing capacity of NextSource Materials, which in turn will lower the firm's financial flexibility.NextSource Materials Corporate Bonds Issued
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.
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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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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