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NextSource Materials - NEXT Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: C$1.00
  • Forecasted Upside: 69.49%
  • Number of Analysts: 1
  • Breakdown:
  • 0 Sell Ratings
  • 0 Hold Ratings
  • 1 Buy Ratings
  • 0 Strong Buy Ratings
C$0.59 As of 12/4/2024 01:00 AM ET
▲ +0.04 (7.27%)

This chart shows the closing price for NEXT by one month, three months, or twelve months.

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Analyst Price Target for NEXT

Analyst Price Target is C$1.00
▲ +69.49% Upside Potential
This price target is based on 1 analysts offering 12 month price targets for NextSource Materials in the last 3 months. The average price target is C$1.00, with a high forecast of C$1.00 and a low forecast of C$1.00. The average price target represents a 69.49% upside from the last price of C$0.59.

This chart shows the closing price for NEXT for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Buy

The current consensus among 1 investment analysts is to buy stock in NextSource Materials.

Past Monthly Recommendations

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  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
6/13/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
9/11/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
12/10/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
3/9/2024
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
6/7/2024
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
9/5/2024
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
11/4/2024
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
12/4/2024

Latest Recommendations

  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
5/7/2024BMO Capital MarketsSet TargetOutperformC$1.00
6/15/2023Eight CapitalSet TargetBuyC$4.00
5/26/2022BMO Capital MarketsLower TargetC$7.00 ➝ C$6.00
12/16/2021BMO Capital MarketsReiterated RatingBuyC$7.00
11/18/2021CormarkBoost TargetC$5.30 ➝ C$6.20
11/17/2021BMO Capital MarketsSet TargetOutperformC$7.00
6/15/2021CormarkReiterated RatingBuyC$5.30
(Data available from 12/4/2019 forward)

News Sentiment Rating

-0.18 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

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  • 0 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
5/8/2024
  • 1 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
6/7/2024
  • 0 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
7/7/2024
  • 0 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
8/6/2024
  • 0 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
9/5/2024
  • 1 very positive mentions
  • 1 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
10/5/2024
  • 0 very positive mentions
  • 0 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
11/4/2024
  • 0 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 1 very negative mentions
Mentions as of
12/4/2024

Current Sentiment

  • 0 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 1 very negative mentions

Recent Stories by Sentiment

Very Negative

Negative

  • No negative mentions tracked during this time.

Positive

Very Positive

  • No very positive mentions tracked during this time.
NextSource Materials logo
NextSource Materials Inc. acquires, explores for, and develops mineral properties in Madagascar and Canada. The company primarily explores for graphite and vanadium deposits. Its flagship property is the 100% owned Molo graphite mine project located in the Southern Madagascar Region, Madagascar. The company was formerly known as Energizer Resources Inc. The company was founded in 2004 and is headquartered in Toronto, Canada.
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Today's Range

Now: C$0.59
Low: C$0.59
High: C$0.62

50 Day Range

MA: C$0.59
Low: C$0.50
High: C$0.68

52 Week Range

Now: C$0.59
Low: C$0.49
High: C$1.29

Volume

71,332 shs

Average Volume

77,589 shs

Market Capitalization

C$91.91 million

P/E Ratio

N/A

Dividend Yield

7.61%

Beta

2.1

Frequently Asked Questions

What sell-side analysts currently cover shares of NextSource Materials?

The following Wall Street analysts have issued research reports on NextSource Materials in the last year: BMO Capital Markets.
View the latest analyst ratings for NEXT.

What is the current price target for NextSource Materials?

0 Wall Street analysts have set twelve-month price targets for NextSource Materials in the last year. Their average twelve-month price target is C$1.00, suggesting a possible upside of 69.5%. BMO Capital Markets has the highest price target set, predicting NEXT will reach C$1.00 in the next twelve months. BMO Capital Markets has the lowest price target set, forecasting a price of C$1.00 for NextSource Materials in the next year.
View the latest price targets for NEXT.

What is the current consensus analyst rating for NextSource Materials?

NextSource Materials currently has 1 buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe NEXT will outperform the market and that investors should add to their positions of NextSource Materials.
View the latest ratings for NEXT.

What other companies compete with NextSource Materials?

Other companies that are similar to NextSource Materials include GMP Capital Inc. (GMP.TO), Just Energy Group, Nouveau Monde Graphite, AcuityAds and RMP Energy. Learn More about companies similar to NextSource Materials.

How do I contact NextSource Materials' investor relations team?

NextSource Materials' physical mailing address is 1000 Louisiana St Ste 3900, Houston, Texas 77002-5035. The company's listed phone number is 416-364-4911. The official website for NextSource Materials is www.energizerresources.com. Learn More about contacing NextSource Materials investor relations.