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South Star Battery Metals Corp. (V:STS)

Business Focus: Diversified Mining

Sector:  Basic Materials Industry:  Diversified Mining
 
Company Contact
Address: Suite 1507 - 1030 West Georgia Street
VANCOUVER BC V6E 2Y3
Tel: N/A
Website: https://www.southstarbatterymetals.com
IR: See website
Key People
Richard Pearce
Chief Executive Officer, Director
Samantha Shorter
Chief Financial Officer, Corporate Secretary
 
Business Overview
South Star Battery Metals Corp. is a Canadian battery metals project developer focused on the selective acquisition and development of near-term production projects in the Americas. The Company's primary focus is the Santa Cruz Graphite Mine. Its Santa Cruz Graphite Project, located in Southern Bahia, is the first of a series of industrial and battery metals projects. The Santa Cruz Graphite Project is located in the state of Bahia, Brazil and consists of approximately 13 approved licenses covering 13,316 hectares. Its second project, BamaStar Graphite Project in the development pipeline, is located in Alabama in the center of a developing electric vehicle, aerospace, and defense hub in the southeastern United States. The BamaStar Graphite Project is located on the northeast end of the Alabama Graphite Belt and covers about 500 acres in Coosa County, Alabama. Its natural flake crystalline graphite concentrate product line is sourced from the Santa Cruz Graphite Project in Brazil.
Financial Overview
For the fiscal year ended 31 December 2023, South Star Battery Metals Corp revenues was not reported. Net loss increased 2% to C$5M. Higher net loss reflects Finance expense - Balancing value increase from C$765K to C$1.6M (expense), Consulting and management fees increase of 25% to C$729K (expense), Travel increase from C$46K to C$179K (expense). Basic Earnings per Share excluding Extraordinary Items increased from -C$0.21 to -C$0.14.
Employees: 12 as of Dec 31, 2021
Reporting Currency: Canadian Dollars
Enterprise value: $22.47M as of Dec 31, 2023
Annual revenue (TTM): $0.00M as of Dec 31, 2023
EBITDA (TTM): -$4.19M as of Dec 31, 2023
Net annual income (TTM): -$5.01M as of Dec 31, 2023
Free cash flow (TTM): -$15.51M as of Dec 31, 2023
Net Debt Last Fiscal Year: N/A
Shares outstanding: 51,362,791 as of Mar 12, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization