South Star Mining Corp (CVE:STS)’s share price reached a new 52-week low on Monday . The stock traded as low as C$0.09 and last traded at C$0.09, with a volume of 6000 shares changing hands. The stock had previously closed at C$0.09.
Separately, Fundamental Research set a C$0.87 price objective on shares of South Star Mining and gave the company a “buy” rating in a research report on Friday, November 2nd.
The firm has a market capitalization of $3.15 million and a P/E ratio of -1.08.
About South Star Mining (CVE:STS)
South Star Mining Corp. focuses on the exploration and evaluation of near-term mine production projects in Brazil. It intends to acquire interest in the Santa-Cruz Graphite project that consists of 13 licenses covering an area of approximately 13,000 hectares located in Bahia State, Brazil. The company was formerly known as STEM 7 Capital Inc and changed its name to South Star Mining Corp.
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