TSX/NEXT (TSX/NEXT)

Toronto Stock Exchange: TSX/NEXT · CAD

CA$0.19

-0.02 (-9.5%)· Recorded snapshot

Market cap	46.7M
Revenue (ttm)	1.1M
Net income (ttm)	-52.6M
EPS (ttm)	-CA$0.26
Shares out	245.6M
Volume	60,488
Beta	0.63

Market data

Price

Recent price action with selectable time range.

Financial snapshot

Revenue (ttm): 1.1M
Net income (ttm): -52.6M
EPS (ttm): -CA$0.26
Market cap: 46.7M

Calendar

Next earnings

Upcoming earnings date and setup when available.

Upcoming

DateLoading

Window—

EPS estimate—

Revenue estimate—

Sector percentile context

Refreshed 2026-10-30 19:55 UTC

Forward P/En/a

P25 n/aP50 n/aP75 n/a

Trailing P/En/a

P25 n/aP50 n/aP75 n/a

ROE-112.2

P25 n/aP50 n/aP75 n/a

ROIC-23.9

P25 n/aP50 n/aP75 n/a

Benchmarks · 1M

All TSX/NEXT indicators

Market & fundamental data

Available fields

181

Groups with data

Currency

USD

Showing 181 of 181 available metrics for this ticker.

Profile and market data

Ticker identity, listing, currency, market cap, and source dates.

Metric	Value
Amount currency	CAD
Country	Canada
Country code	CA
Earnings date	2026-11-13
Employees	198
Employees change	-85
Employees growth	-30.04%
Enterprise value	CAD 90.1M
Exchange	Toronto Stock Exchange
Financial currency	USD
Financial report date	2026-06-30
First seen	2026-05-10
Fiscal year end	June
Founded	2004
Industry	Other Industrial Metals & Mining
Is primary listing	Yes
ISIN number	CA65343M2094
Last earnings date	2026-02-12
Last refreshed	2026-10-30
Last stock split date	2021-05-25
Last stock split type	Reverse
Market cap	CAD 46.7M
Next earnings date	2026-11-13
Price	CAD 0.19
Price currency	CAD
Sector	Materials
SIC code	1400
Stock price date	2026-10-30
Symbol	tsx/NEXT
Website	https://www.nextsourcematerials.com

Valuation

Multiples, yields, enterprise-value ratios, and valuation checks.

Metric	Value
Earnings yield	-134.37%
EV/Sales	86.15x
FCF / EV yield	-29.42%
FCF yield	-54.19%
Industry forward P/E	165.42x
P/B ratio	1.45x
P/S ratio	46.76x
Price / tangible book value	1.45x
Sector forward P/E	14.79x
Sector P/E	21.41x

Profitability

Margins, returns on capital, cash conversion, and quality metrics.

Metric	Value
Operating margin	-3,273.62%
Pretax margin	-4,601.99%
Profit per employee	CAD -265,599
Revenue per employee	CAD 5,570
ROA	-18.01%
ROA (5Y)	-9.67%
ROCE	-54.07%
ROE	-112.24%
ROIC	-23.9%
SBC / revenue	107.21%
Tax / revenue	166.11%

Growth

Revenue, earnings, cash-flow, and forward growth indicators.

Metric	Value
EPS growth quarters	1
EPS growth years	0
Net income growth quarters	1
Net income growth years	0
Revenue growth	8.65%
Revenue growth (Q)	-81.92%
Revenue growth (QoQ)	-41.59%
Revenue growth years	1

Financial statements

Income-statement and cash-flow amounts, totals and per share.

Metric	Value
Capital expenditures	CAD -660,961
Depreciation and amortization	CAD 24,188
EBIT	CAD -36.1M
EBITDA	CAD -36.1M
EPS	CAD -0.26
FCF per share	CAD -0.11
Financing cash flow	CAD 41.5M
Free cash flow	CAD -27.9M
Free cash flow minus SBC	CAD -29.1M
Gross profit	CAD -18.4M
Income taxes	CAD 1.8M
Investing cash flow	CAD -2.7M
Net borrowing	CAD 19.3M
Net cash flow	CAD 11.9M
Net income	CAD -52.6M
Operating cash flow minus SBC	CAD -28.5M
Operating income	CAD -36.1M
Revenue	CAD 1.1M
Stock-based compensation	CAD 1.2M

Financial strength

Debt, cash, solvency, accounting-quality, and balance-sheet signals.

Metric	Value
Altman Z-Score	-3.93
Book value per share	CAD 0.14
Debt / equity	1.71
Interest coverage	-5.08
Long-term assets	CAD 103M
Long-term liabilities	CAD 32.4M
Net cash (debt)	CAD -43.4M
Net cash / market cap	-84.24%
Net debt / equity	1.22
Piotroski F-Score	2
Property, plant and equipment	CAD 100.7M
Shareholders' equity	CAD 35.5M
Tangible book value	CAD 35.5M
Tangible book value per share	CAD 0.14
Total assets	CAD 131.1M
Total cash	CAD 17.2M
Total debt	CAD 60.7M
Total liabilities	CAD 95.6M
WACC	8.55%

Liquidity

Current-asset coverage and working-capital efficiency metrics.

Metric	Value
Asset turnover	0.01
Current assets	CAD 28.1M
Current liabilities	CAD 63.2M
Current ratio	0.44
Inventory turnover	2.42
Net working capital	CAD -3.4M
Quick ratio	0.27
Working capital	CAD -35.7M
Working capital turnover	-0.06

Dividends and buybacks

Dividend yield, payout, buybacks, and shareholder-yield indicators.

Metric	Value
Buyback yield / dilution	-16.6%
Shareholder yield	-16.6%

Performance and technicals

Returns, volatility, beta, momentum, RSI, and moving-average context.

Metric	Value
150-day SMA	CAD 0.30
1D price change	-9.52%
1M price change	-32.14%
1M total return	-32.14%
1W price change	-9.52%
1W total return	-9.52%
1Y price change	-55.81%
1Y return CAGR	-55.84%
1Y total return	-55.81%
20-day SMA	CAD 0.23
200-day SMA	CAD 0.32
3M price change	-34.48%
3M total return	-34.48%
3Y price change	-86.43%
3Y return CAGR	-48.6%
3Y total return	-86.43%
50-day SMA	CAD 0.25
50-day SMA vs 200-day SMA	50under200
52-week high	CAD 0.60
52-week high date	2026-01-19
52-week low	CAD 0.19
52-week low date	2026-10-30
5Y price change	-94.4%
5Y return CAGR	-43.81%
5Y total return	-94.4%
6M price change	-39.68%
6M total return	-39.68%
All-time high	CAD 5.30
All-time high date	2021-02-16
All-time low	CAD 0.15
All-time low date	2025-05-21
Average true range (ATR)	CAD 0.01
Average volume	55K
Beta (1Y)	1
Beta (2Y)	1.17
Beta (5Y)	0.63
Change from 52-week high	-68.33%
Change from 52-week low	0%
Change from all-time high	-96.42%
Change from all-time low	26.67%
Change from open	-7.32%
Day's gap	-2.38%
Dollar volume	CAD 11,493
High price	CAD 0.21
Low price	CAD 0.19
Monthly RSI	35.88
Open price	CAD 0.21
Position in 52-week range	0%
Previous close	CAD 0.21
Price vs 150-day SMA	-36.39%
Price vs 20-day SMA	-18.98%
Price vs 200-day SMA	-41.14%
Price vs 50-day SMA	-25.34%
Relative volume	1.1
RSI	27.09
Sharpe ratio	-0.59
Sharpe ratio (3Y)	-0.4
Sharpe ratio (5Y)	-0.37
Sortino ratio	-0.76
Sortino ratio (3Y)	-0.55
Sortino ratio (5Y)	-0.49
Volume	60.5K
Weekly RSI	31.43
YTD price change	-44.12%
YTD total return	-44.12%

Ownership and float

Institutional, insider, float, short-interest, and share-count fields.

Metric	Value
Float	243.7M
Shares change (QoQ)	45.35%
Shares change (YoY)	16.6%
Shares held by insiders	0.77%
Shares held by institutions	47.39%
Shares outstanding	245.6M
Short % of float	0.29%
Short % of shares	0.28%

Deeper analysis on TSX/NEXT

14 sections in the full report · jump straight to what you need

Forecast

Base and Bull forecast paths with report-date return framing.

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Valuation

Fair-value bridge, DCF, owner earnings, and peer multiples.

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Sensitivity

Cost-of-equity and terminal-growth stress table.

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Risks

Kill scenarios, soft-pass flags, and downside catalysts.

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Earnings

Next earnings setup and beat / inline / miss thresholds.

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Position sizing

Entry, exit, conviction, and quarterly monitoring rules.

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Financials

Revenue, margins, cash flow, and balance-sheet context.

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Peers

Relative valuation and profitability against the cohort.

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Moat

Economic-profit evidence and competitive advantage risk.

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Industry cycle

Sector phase, capital cycle, and secular tailwinds.

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Frequently asked questions

About this TSX/NEXT report

Is a complete TSX/NEXT research report available?

No complete published report is available for tsx/NEXT (TSX/NEXT) on this page. Market-directory data, when present, is not a substitute for a validated stock analysis.

TSX/NEXT (TSX/NEXT)

Price

Financial snapshot

Fair-value bridge

Latest news · TSX/NEXT

Valuation

Profitability

Balance sheet

Trading

Next earnings

Sector percentile context

All TSX/NEXT indicators

Profile and market data

Valuation

Profitability

Growth

Financial statements

Financial strength

Liquidity

Dividends and buybacks

Performance and technicals

Ownership and float

Deeper analysis on TSX/NEXT

Frequently asked questions