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South Star Battery Metals' shares dropped 23.3% to C$0.17 amid heavy trading, with no explanation provided.
South Star Battery Metals (CVE:STS) shares plunged 23.3% on Friday, closing at C$0.17 after hitting a low of C$0.16, with trading volume soaring to 238,666 shares—498% above its average.
The company, focused on graphite projects in Brazil and Alabama, has a market cap of C$10.22 million, a negative P/E ratio of -2.06, and a beta of -0.96.
The 50-day and 200-day moving averages are C$0.19 and C$0.29, respectively.
The cause of the drop and future outlook were not specified.
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Las acciones de South Star Battery Metals cayeron un 23.3% a C$0.17 en medio de una fuerte negociación, sin explicación.