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+2.63%
Close of 9 Nov 2026, in CAD
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About NextSource Materials
Its shares trade on Toronto Stock Exchange under the ticker NEXT.TO. It has been listed since 5 May 2010. In the fiscal year to 30 June 2026, it reported revenue of $781,518 and a net loss of $37.3m. At that date it held total assets of $92.1m and shareholders' equity of $25.0m.
NextSource Materials, Inc. engages in the acquisition, exploration, and development of mineral resources. The company is headquartered in Toronto, Ontario. The company went IPO on 2010-05-05. The company is engaged in the business of acquisition, exploration and development of mineral resources. The company is engaged in the advancement of the Molo Graphite Project, consisting of a commercially minable graphite deposit situated in the African country of Madagascar. The company also has additional exploration-stage properties situated in Madagascar and in the Province of Quebec, Canada. The company is pursuing negotiations in respect of off-take agreements with graphite end users and intermediaries with the intention of securing project financing alternatives, which may include debt, equity and derivative instruments. The company also seeks funding for the development of the Molo Deposit into a mine. The Molo deposit is situated 160 kilometers southeast of the city of Toliara. The Green Giant project comprises claims located in south-central Madagascar. As of June 30, 2016, the Company had not generated operating revenues.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Materials
- Industry
- Metals & Mining
- Listed since
- 5 May 2010
- Employees
- 1
- Website
- nextsourcematerials.com ↗
Leadership
Pay as last reported
- Sir Michael DavisNon-Executive Chairman of the Board$58,183
- Mr. Hanre RossouwPresident, Chief Executive Officer, Director, since 2024
- Mr. Jaco CrouseChief Financial Officer
- Mr. Brent NykoliationExecutive Vice President - Corporate Development, since 2022$296,173
- Mr. Nick MillerActing Vice President - Operations
- Dr. Markus ReichardtVice President - Sustainability$229,230
- Mr. Danniel StokesVice President - Special Projects$235,534
- Mr. Craig ScherbaDirector, Chief Development Officer, since 2010$463,269
- Ms. Martina BuchhauserIndependent Director$26,868
- Mr. Christopher KrubaIndependent Director$45,724
- Mr. Ian PearceIndependent Director$45,298
- Mr. Brett WhalenIndependent Director$61,138
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Headquartered in Toronto, Ontario with a focus on mineral resource development.
- Engaged in the advancement of the Molo Graphite Project in Madagascar.
- Pursuing off-take agreements for project financing and development.
Weaknesses
- Currently employs only 1 full-time employee.
- Has not generated operating revenues as of June 30, 2016.
- Relies on negotiations for off-take agreements and project financing.
Opportunities
- Development of the Molo Graphite Project into a mine with potential financing options.
- Exploration-stage properties in Madagascar and Quebec, Canada.
- Potential for securing project financing through debt, equity, and derivative instruments.
Threats
- Dependence on successful negotiations for off-take agreements and financing.
- Lack of operating revenues may hinder financial stability.
- Geographic concentration in Madagascar and Quebec with potential political or operational risks.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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