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

South Star Battery Metals Corp. (CVE:STS) shares hit a new 52-week low during trading on Monday . The stock traded as low as C$0.40 and last traded at C$0.40, with a volume of 18878 shares traded. The stock had previously closed at C$0.46.

Analyst Upgrades and Downgrades

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

South Star Battery Metals Price Performance

The stock has a market capitalization of C$26.75 million, a PE ratio of -3.01 and a beta of 0.82. The company’s 50 day moving average price is C$0.47 and its two-hundred day moving average price is C$0.53.

About South Star Battery Metals

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.