South Star Battery Metals (CVE:STS) Given a C$1.91 Price Target by Fundamental Research Analysts

South Star Battery Metals (CVE:STS) has been assigned a C$1.91 target price by Fundamental Research in a note issued to investors on Tuesday,BayStreet.CA reports. The firm currently has a “buy” rating on the stock. Fundamental Research’s target price suggests a potential upside of 253.70% from the company’s current price.

South Star Battery Metals Price Performance

CVE:STS traded up C$0.01 during trading hours on Tuesday, reaching C$0.54. 5,100 shares of the company’s stock were exchanged, compared to its average volume of 15,036. The company has a quick ratio of 1.22, a current ratio of 1.35 and a debt-to-equity ratio of 0.03. The company has a market capitalization of C$28.43 million, a P/E ratio of -2.70 and a beta of 0.82. South Star Battery Metals has a 12 month low of C$0.48 and a 12 month high of C$0.74. The business’s 50-day simple moving average is C$0.55 and its two-hundred day simple moving average is C$0.58.

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.