Energizer Resources (OTCMKTS:NSRCF) Stock Price Down 0.6% – Here’s What Happened

Shares of Energizer Resources Inc. (OTCMKTS:NSRCF) traded down 0.6% during trading on Thursday . The company traded as low as $0.2775 and last traded at $0.2801. 17,575 shares changed hands during trading, a decline of 15% from the average session volume of 20,561 shares. The stock had previously closed at $0.2818.

Energizer Resources Stock Performance

The company has a market capitalization of $51.79 million, a P/E ratio of -2.00 and a beta of 1.30. The firm’s fifty day moving average is $0.30 and its 200 day moving average is $0.28.

Energizer Resources (OTCMKTS:NSRCF) last announced its quarterly earnings data on Thursday, November 13th. The company reported ($0.03) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.02) by ($0.01). The firm had revenue of $0.42 million during the quarter, compared to the consensus estimate of $4.10 million. Energizer Resources had a negative return on equity of 54.67% and a negative net margin of 2,432.45%.

About Energizer Resources

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.