South Star Mining Corp (CVE:STS)’s stock price dropped 9.1% on Thursday . The stock traded as low as C$0.05 and last traded at C$0.05, approximately 1,000 shares were traded during trading. A decline of 99% from the average daily volume of 173,196 shares. The stock had previously closed at C$0.06.

The company has a market cap of $1.72 million and a PE ratio of -0.77. The firm’s 50-day simple moving average is C$0.04 and its two-hundred day simple moving average is C$0.06.

About South Star Mining (CVE:STS)

South Star Mining Corp. focuses on the exploration and evaluation of near-term mine production projects in Brazil. It intends to acquire interest in the Santa-Cruz Graphite project that consists of 13 licenses covering an area of approximately 13,000 hectares located in Bahia State, Brazil. The company was formerly known as STEM 7 Capital Inc and changed its name to South Star Mining Corp.

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