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 target price from equities researchers at Fundamental Research in a note issued to investors on Tuesday,BayStreet.CA reports. The brokerage presently has a “buy” rating on the stock. Fundamental Research’s price objective indicates a potential upside of 260.38% from the stock’s previous close.

South Star Battery Metals Stock Down 1.9 %

STS opened at C$0.53 on Tuesday. The company has a market cap of C$27.90 million, a PE ratio of -2.65 and a beta of 0.82. South Star Battery Metals has a twelve month low of C$0.48 and a twelve month high of C$0.74. The company has a 50-day moving average price of C$0.55 and a 200 day moving average price of 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.

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.