South Star Battery Metals (CVE:STS) Shares Down 22.9% – Here’s Why

South Star Battery Metals Corp. (CVE:STSGet Free Report)’s stock price traded down 22.9% during mid-day trading on Thursday . The company traded as low as C$0.19 and last traded at C$0.19. 178,599 shares traded hands during trading, an increase of 303% from the average session volume of 44,326 shares. The stock had previously closed at C$0.24.

South Star Battery Metals Price Performance

The firm has a market cap of C$11.46 million, a PE ratio of -2.31 and a beta of -0.96. The stock has a 50 day simple moving average of C$0.18 and a 200-day simple moving average of C$0.28.

South Star Battery Metals Company Profile

(Get Free Report)

South Star Battery Metals Corp. engages in the exploration and development of mineral properties in Brazil. The company owns 100% interest in the Santa-Cruz Graphite project that consists of 13 licenses covering an area of approximately 13,316 hectares located in Bahia State, Brazil. It also owns 75% interest in the Alabama Graphite Project that cover an area of approximately 500 acres located in Coosa County Alabama, USA.

Recommended Stories

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