South Star Battery Metals (CVE:STS) Trading Up 14.3% – Here’s What Happened

South Star Battery Metals Corp. (CVE:STS) was up 14.3% during trading on Tuesday . The company traded as high as C$0.16 and last traded at C$0.16. Approximately 119,000 shares were traded during trading, an increase of 63% from the average daily volume of 73,167 shares. The stock had previously closed at C$0.14.

South Star Battery Metals Price Performance

The company has a current ratio of 0.75, a quick ratio of 1.22 and a debt-to-equity ratio of 2.93. The business has a 50-day moving average price of C$0.14 and a 200 day moving average price of C$0.15. The stock has a market cap of C$20.05 million, a PE ratio of -9.25 and a beta of -1.76.

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.