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

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

South Star Battery Metals Price Performance

The company’s 50-day moving average price is C$0.14 and its 200-day moving average price is C$0.16. The company has a quick ratio of 1.22, a current ratio of 0.28 and a debt-to-equity ratio of 11.05. The firm has a market cap of C$11.92 million, a price-to-earnings ratio of -2.20 and a beta of -1.67.

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