South Star Battery Metals (CVE:STS) Shares Down 23.8% – Here’s Why

South Star Battery Metals Corp. (CVE:STSGet Free Report)’s share price traded down 23.8% during trading on Thursday . The company traded as low as C$0.29 and last traded at C$0.31. 204,925 shares traded hands during trading, an increase of 484% from the average session volume of 35,060 shares. The stock had previously closed at C$0.40.

South Star Battery Metals Stock Performance

The stock has a market cap of C$18.59 million, a PE ratio of -2.09 and a beta of 0.82. The business has a 50-day moving average of C$0.40 and a 200 day moving average of C$0.47.

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.

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