Shares of South Star Battery Metals Corp. (CVE:STS – Get Free Report) were down 23.3% during trading on Friday . The stock traded as low as C$0.16 and last traded at C$0.17. Approximately 238,666 shares changed hands during mid-day trading, an increase of 498% from the average daily volume of 39,939 shares. The stock had previously closed at C$0.22.
South Star Battery Metals Stock Performance
The firm has a market cap of C$10.22 million, a PE ratio of -2.06 and a beta of -0.96. The firm’s 50 day simple moving average is C$0.19 and its 200 day simple moving average is C$0.29.
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.
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