South Star Battery Metals (CVE:STS) Reaches New 1-Year Low – What’s Next?

South Star Battery Metals Corp. (CVE:STS)’s stock price reached a new 52-week low during trading on Wednesday . The stock traded as low as C$0.41 and last traded at C$0.41, with a volume of 40350 shares traded. The stock had previously closed at C$0.45.

Analyst Upgrades and Downgrades

Separately, Fundamental Research set a C$1.91 price target on shares of South Star Battery Metals and gave the company a “buy” rating in a research report on Tuesday, January 14th.

South Star Battery Metals Stock Down 5.6 %

The company has a current ratio of 1.35, a quick ratio of 1.22 and a debt-to-equity ratio of 0.03. The stock’s fifty day simple moving average is C$0.53 and its 200-day simple moving average is C$0.57. The stock has a market capitalization of C$22.11 million, a PE ratio of -2.10 and a beta of 0.82.

South Star Battery Metals Company Profile

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.