South Star Battery Metals (CVE:STS) Stock Price Up 53.6% – Here’s Why

Shares of South Star Battery Metals Corp. (CVE:STSGet Free Report) traded up 53.6% on Thursday . The stock traded as high as C$0.22 and last traded at C$0.22. 465,900 shares were traded during mid-day trading, an increase of 1,099% from the average session volume of 38,853 shares. The stock had previously closed at C$0.14.

South Star Battery Metals Trading Up 53.6%

The firm’s 50 day moving average is C$0.19 and its two-hundred day moving average is C$0.30. The stock has a market cap of C$13.32 million, a price-to-earnings ratio of -2.69 and a beta of -0.93.

About South Star Battery Metals

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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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