South Star Battery Metals (CVE:STS) Given a C$1.91 Price Target at Fundamental Research

Fundamental Research set a C$1.91 price target on South Star Battery Metals (CVE:STS) in a research report sent to investors on Tuesday,BayStreet.CA reports. The firm currently has a buy rating on the stock.

South Star Battery Metals Stock Up 1.9 %

Shares of CVE STS opened at C$0.54 on Tuesday. South Star Battery Metals has a 12-month low of C$0.48 and a 12-month high of C$0.74. The firm’s 50-day simple moving average is C$0.55 and its 200 day simple moving average is C$0.58. The company has a quick ratio of 1.22, a current ratio of 1.35 and a debt-to-equity ratio of 0.03. The company has a market cap of C$28.43 million, a price-to-earnings ratio of -2.70 and a beta of 0.82.

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.