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

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

South Star Battery Metals Trading Up 53.6%

The company has a fifty day moving average price of C$0.19 and a two-hundred day moving average price of C$0.30. The firm has a market capitalization of C$13.32 million, a PE ratio of -2.69 and a beta of -0.93.

South Star Battery Metals Company Profile

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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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