NextSource Materials (OTCMKTS:NSRCD) Shares Up 5.8%

NextSource Materials Inc. (OTCMKTS:NSRCD) shot up 5.8% on Friday . The stock traded as high as $3.70 and last traded at $3.55. 132,588 shares were traded during mid-day trading, an increase of 169% from the average session volume of 49,212 shares. The stock had previously closed at $3.36.

The firm has a 50 day moving average price of $2.52 and a two-hundred day moving average price of $2.25.

About NextSource Materials (OTCMKTS:NSRCD)

NextSource Materials Inc, together with its subsidiaries, acquires, explores for, and develops mineral properties in Madagascar and Canada. The company primarily holds a 100% interest in the Molo Graphite property that includes 2,119 permits covering an area of 827.7 square kilometers located in Southern Madagascar Region, Madagascar.

Recommended Story: Do stock splits help investors?

Receive News & Ratings for NextSource Materials Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NextSource Materials and related companies with's FREE daily email newsletter.