South Star Battery Metals (CVE:STS) Stock Price Up 6.9%

South Star Battery Metals Corp. (CVE:STS) shares rose 6.9% during mid-day trading on Wednesday . The company traded as high as C$0.63 and last traded at C$0.62. Approximately 211,560 shares traded hands during mid-day trading, an increase of 753% from the average daily volume of 24,788 shares. The stock had previously closed at C$0.58.

South Star Battery Metals Stock Performance

The company has a current ratio of 2.49, a quick ratio of 1.22 and a debt-to-equity ratio of 0.03. The stock has a fifty day moving average price of C$0.59 and a 200-day moving average price of C$0.61. The firm has a market capitalization of C$32.64 million, a price-to-earnings ratio of -3.10 and a beta of 0.84.

South Star Battery Metals (CVE:STS) last issued its earnings results on Thursday, May 30th. The company reported C($0.03) earnings per share (EPS) for the quarter.

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.