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

Shares of South Star Battery Metals Corp. (CVE:STSGet Free Report) reached a new 52-week high during trading on Wednesday . The company traded as high as C$0.26 and last traded at C$0.26, with a volume of 5000 shares changing hands. The stock had previously closed at C$0.24.

South Star Battery Metals Price Performance

The firm’s fifty day simple moving average is C$0.21 and its 200 day simple moving average is C$0.17. The company has a market capitalization of C$35.48 million, a price-to-earnings ratio of -8.33 and a beta of -1.58.

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.

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