South Star Battery Metals (CVE:STS) PT Set at C$1.47 by Fundamental Research

Fundamental Research set a C$1.47 target price on South Star Battery Metals (CVE:STS) in a research report report published on Tuesday, BayStreet.CA reports. The brokerage currently has a buy rating on the stock.

South Star Battery Metals Stock Performance

STS stock opened at C$0.65 on Tuesday. The firm has a fifty day moving average price of C$0.58 and a 200 day moving average price of C$0.60. South Star Battery Metals has a fifty-two week low of C$0.49 and a fifty-two week high of C$0.82. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.22 and a current ratio of 2.49. The firm has a market cap of C$34.22 million, a PE ratio of -3.25 and a beta of 0.84.

South Star Battery Metals (CVE:STS) last issued its quarterly 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.