South Star Battery Metals (CVE:STS) PT Set at C$1.91 by Fundamental Research

South Star Battery Metals (CVE:STS) received a C$1.91 price target from Fundamental Research in a research report issued on Tuesday,BayStreet.CA reports. The firm currently has a “buy” rating on the stock. Fundamental Research’s price target indicates a potential upside of 253.70% from the company’s previous close.

South Star Battery Metals Stock Up 1.9 %

STS stock traded up C$0.01 during mid-day trading on Tuesday, hitting C$0.54. The stock had a trading volume of 5,100 shares, compared to its average volume of 15,036. The stock has a market capitalization of C$28.43 million, a price-to-earnings ratio of -2.70 and a beta of 0.82. The company has a current ratio of 1.35, a quick ratio of 1.22 and a debt-to-equity ratio of 0.03. South Star Battery Metals has a 1-year low of C$0.48 and a 1-year high of C$0.74. The company has a fifty day moving average of C$0.55 and a 200 day moving average of C$0.58.

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.