Company NextSource Materials Inc.

CA65343M2094

Diversified Mining

Analysts' Consensus

Business Summary

Managers

Members of the board

Share class

Shareholders

Company contact information

Sector

Sales per Business

Sales per region

Annual profits - Rate of surprise

Sector Integrated Mining

Delayed Toronto S.E. Other stock markets 03:13:46 2024-04-24 pm EDT			5-day change	1st Jan Change
0.7 ^CAD	+2.94%		+1.45%	-41.67%

Apr. 10	NextSource Materials Inc. Provides Development Update on Battery Anode Facility in Mauritius Freeport Zone	CI
Feb. 09	NextSource Materials Inc. Reports Earnings Results for the Second Quarter and Six Months Ended December 31, 2023	CI

NextSource Materials Inc. is a Canada-based battery materials development company. The Company has two operating segments, consisting of mine development and the exploration and evaluation of mineral resources. It owns a owns a 100% interest in the Molo Graphite Mine (Molo) located in the Province of Toliara, Southern Madagascar. The Molo Graphite Mine project is located near the town of Fotadrevo in the Province of Toliara, Madagascar. The Molo Graphite Mine is subject to a 1.5% net smelter royalty. The Molo Graphite Project graphitic zone consists of multi-folded graphitic strata at surface with an exposed strike length of over two kilometers. The Company also owns the Green Giant Vanadium Project, which is located 15 kilometers from the Molo Graphite Project and hosts a large sedimentary-hosted vanadium deposit. The 100%-owned Green Giant Vanadium Project is an advanced-stage exploration project.

Number of employees: 4

Managers	Title	Age	Since
Craig Scherba CEO	Chief Executive Officer	51	09-12-31
Marc Johnson DFI	Director of Finance/CFO	48	15-10-22
Jonathan Velloza COO	Chief Operating Officer	53	Nov. 23
Brent Nykoliation IRC	Investor Relations Contact	55	-
Danniel Stokes PRN	Corporate Officer/Principal	-	22-10-24

Members of the board	Title	Age	Since
Michael Davis CHM	Chairman	66	21-03-14
Ian Pearce BRD	Director/Board Member	66	21-07-13
Craig Scherba CEO	Chief Executive Officer	51	09-12-31
Christopher Kruba BRD	Director/Board Member	48	19-12-01
Brett Whalen BRD	Director/Board Member	-	20-07-19
Martina Buchhauser BRD	Director/Board Member	58	Dec. 04

	Vote	Quantity	Free-Float	Company-owned shares	Total Float
Stock A	1	155,783,507	80,089,643 ( 51.41 %)	0	51.41 %

Name	Equities	%	Valuation
Theseus (Guernsey) Ltd. as Trustee of The Athol 3 Settlement 50.50 %	72,580,072	50.50 %	41 M $
Robin Borley 0.8694 %	1,249,563	0.8694 %	711 001 $
Brett Whalen 0.7132 %	1,025,000	0.7132 %	583 225 $
Ixios Asset Management SA 0.6042 %	868,400	0.6042 %	494 120 $
Marc Johnson 0.3448 %	495,501	0.3448 %	281 940 $
Brent Nykoliation 0.3159 %	454,053	0.3159 %	258 356 $
Craig Scherba 0.3103 %	445,993	0.3103 %	253 770 $
Christopher Kruba 0.2505 %	360,000	0.2505 %	204 840 $
Mavrix Fund Management, Inc. 0.1600 %	230,000	0.1600 %	130 870 $
Finance SA 0.0244 %	35,000	0.0244 %	19 915 $

NextSource Materials, Inc.

130 King Street West Exchange Tower

M5X 2A2, Toronto

+416-364-4911

http://www.nextsourcematerials.com

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

0.68 CAD

Average target price

3.8 CAD

Spread / Average Target

+458.82%

Consensus

Company calendar

Basic Materials

Mineral Resources

Metals & Mining

Diversified Mining

Integrated Mining

	1st Jan change	Capi.
NEXTSOURCE MATERIALS INC.	-43.33%	77.49M
BHP GROUP LIMITED	-10.28%	149B
RIO TINTO PLC	-5.96%	114B
GLENCORE PLC	+1.42%	70.83B
SAUDI ARABIAN MINING COMPANY (MA'ADEN)	+7.72%	51.46B
GRUPO MÉXICO, S.A.B. DE C.V.	+5.22%	46.07B
ANGLO AMERICAN PLC	+8.73%	31.85B
TECK RESOURCES LIMITED	+11.05%	23.57B
HINDUSTAN ZINC LIMITED	+28.82%	20.49B
IVANHOE MINES LTD.	+41.17%	16.57B

Integrated Mining