South Star Battery Metals (CVE:STS) Shares Down 2% – Here’s Why

South Star Battery Metals Corp. (CVE:STS – Get Free Report) shares traded down 2% during trading on Friday. The stock traded as low as C$0.25 and last traded at C$0.25. 10,511 shares traded hands during trading, a decline of 87% from the average daily volume of 80,939 shares. The stock had previously closed at C$0.26.

South Star Battery Metals Price Performance

The business’s 50-day moving average price is C$0.24 and its two-hundred day moving average price is C$0.18. The company has a market capitalization of C$35.48 million, a price-to-earnings ratio of -8.33 and a beta of -1.22.

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. The company was formerly known as South Star Mining Corp. and changed its name to South Star Battery Metals Corp.

Further Reading

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.