South Star Battery Metals (CVE:STS) Trading Down 3.6% – Should You Sell?

South Star Battery Metals Corp. (CVE:STSGet Free Report)’s share price was down 3.6% during trading on Monday . The stock traded as low as C$0.51 and last traded at C$0.53. Approximately 12,548 shares changed hands during trading, a decline of 43% from the average daily volume of 22,204 shares. The stock had previously closed at C$0.55.

South Star Battery Metals Price Performance

The company has a 50-day moving average of C$0.56 and a 200 day moving average of C$0.59. The firm has a market cap of C$27.90 million, a P/E ratio of -2.65 and a beta of 0.82. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.22 and a current ratio of 1.35.

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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