South Star Battery Metals (CVE:STS) Sets New 52-Week Low – Here’s Why

South Star Battery Metals Corp. (CVE:STS)’s stock price hit a new 52-week low on Thursday . The stock traded as low as C$0.10 and last traded at C$0.11, with a volume of 402525 shares traded. The stock had previously closed at C$0.12.

South Star Battery Metals Trading Down 4.3%

The company has a 50 day moving average price of C$0.14 and a two-hundred day moving average price of C$0.16. The company has a debt-to-equity ratio of 11.05, a quick ratio of 1.22 and a current ratio of 0.28. The firm has a market capitalization of C$11.92 million, a price-to-earnings ratio of -2.20 and a beta of -1.67.

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. The company was formerly known as South Star Mining Corp. and changed its name to South Star Battery Metals Corp.