Patriot Battery Metals (TSX:PMET) - Stock Price, News & Analysis

PMET Stock Overview

Engages in the identification, evaluation, acquisition, and exploration of mineral properties. More details

PMET fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	0/6
Past Performance	0/6
Financial Health	4/6
Dividends	0/6

Risk Analysis

Earnings are forecast to decline by an average of 13.2% per year for the next 3 years

Makes less than USD$1m in revenue (CA$0)

Has less than 1 year of cash runway

Currently unprofitable and not forecast to become profitable over the next 3 years

+ 1 more risk

Patriot Battery Metals Inc. Competitors

Standard Lithium

TSXV:SLI

CA$453.4m

Western Copper and Gold

TSX:WRN

CA$313.2m

AbraSilver Resource

TSXV:ABRA

CA$364.9m

Queen's Road Capital Investment

TSX:QRC

CA$377.6m

Price History & Performance

Summary of all time highs, changes and price drops for Patriot Battery Metals
Historical stock prices
Current Share Price	CA$2.48
52 Week High	CA$10.46
52 Week Low	CA$2.48
Beta	1.06
11 Month Change	-33.15%
3 Month Change	-47.23%
1 Year Change	-74.56%
33 Year Change	726.67%
5 Year Change	933.33%
Change since IPO	-98.95%

Recent updates

Shareholder Returns

	PMET	CA Metals and Mining	CA Market
7D	-16.2%	3.6%	0.4%
1Y	-74.6%	29.8%	21.4%

Return vs Industry: PMET underperformed the Canadian Metals and Mining industry which returned 29.8% over the past year.

Return vs Market: PMET underperformed the Canadian Market which returned 21.4% over the past year.

Price Volatility

Is PMET's price volatile compared to industry and market?
PMET volatility
PMET Average Weekly Movement	11.3%
Metals and Mining Industry Average Movement	10.5%
Market Average Movement	8.3%
10% most volatile stocks in CA Market	17.7%
10% least volatile stocks in CA Market	2.9%

Stable Share Price: PMET has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: PMET's weekly volatility (11%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2007	9	Ken Brinsden	patriotbatterymetals.com

Patriot Battery Metals Inc. engages in the identification, evaluation, acquisition, and exploration of mineral properties. The company primarily explores for gold, copper, silver, platinum, and lithium deposits. Its flagship properties include Shaakichiuwaanaan project comprising 214 claims totaling 21,715 hectares located in Quebec.

Patriot Battery Metals Inc. Fundamentals Summary

How do Patriot Battery Metals's earnings and revenue compare to its market cap?
PMET fundamental statistics
Market cap	CA$355.39m
Earnings (TTM)	-CA$292.00k
Revenue (TTM)	n/a

0.0x

P/S Ratio

-1,203x

P/E Ratio

Is PMET overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
PMET income statement (TTM)
Revenue	CA$0
Cost of Revenue	CA$0
Gross Profit	CA$0
Other Expenses	CA$292.00k
Earnings	-CA$292.00k

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.0021
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	0%

How did PMET perform over the long term?

See historical performance and comparison

PMET Stock Overview

Risk Analysis

Patriot Battery Metals Inc. Competitors

TSXV:SLI

CA$453.4m

TSX:WRN

CA$313.2m

TSXV:ABRA

CA$364.9m

TSX:QRC

CA$377.6m

Price History & Performance

Recent News & Updates

New major risk - Financial position

Patriot Battery Metals Inc. Provides Exploration and Development Update for Its 100%-Owned Shaakichiuwaanaan Property

Price target decreased by 7.2% to CA$11.52

Vice President of Exploration exercised options to buy CA$1.1m worth of stock.

New minor risk - Financial position

Patriot Battery Metals Inc. Appoints Alex Eastwood as Executive Vice President ­- Commercial

Recent updates

New major risk - Financial position

Patriot Battery Metals Inc. Provides Exploration and Development Update for Its 100%-Owned Shaakichiuwaanaan Property

Price target decreased by 7.2% to CA$11.52

Vice President of Exploration exercised options to buy CA$1.1m worth of stock.

New minor risk - Financial position

Patriot Battery Metals Inc. Appoints Alex Eastwood as Executive Vice President ­- Commercial

Price target decreased by 11% to CA$12.66

New major risk - Revenue and earnings growth

Patriot Battery Metals Inc. Renames the Corvette Project to the Shaakichiuwaanaan Project

Patriot Battery Metals Inc., Annual General Meeting, Sep 17, 2024

Patriot Battery Metals Inc. Announces Executive and Board Changes

New major risk - Revenue and earnings growth

Patriot Battery Metals Inc. Provides Update on the 2024 Summer-Fall Exploration and Development Programs At Its 100%-Owned Corvette Property

Patriot Battery Metals Inc. Drills 124.9 m at 1.72% Li2O and 35.6 m at 3.78% Li2O in Final Batch of CV5 Assays Ahead of Third Quarter Resource Update

Price target decreased by 7.5% to CA$14.80

Patriot Battery Metals Inc. Announces the Next Batch of Core Assay Results from the CV13 Spodumene Pegmatite

Patriot Battery Metals Inc. announced that it has received CAD 75.025804 million in funding

Patriot Battery Metals Inc. has filed a Follow-on Equity Offering in the amount of CAD 75.000004 million.

New major risk - Revenue and earnings growth

Patriot Battery Metals Inc. has filed a Follow-on Equity Offering in the amount of AUD 83.333338 million.

Patriot Battery Metals Inc. has filed a Follow-on Equity Offering in the amount of $75.0264 million.

Patriot Battery Metals Inc. Discovers New Spodumene-Pegmatite Occurrence (CV14) at Corvette, Quebec, Canada

New major risk - Revenue and earnings growth

Price target decreased by 9.5% to CA$16.60

New major risk - Revenue and earnings growth

Patriot Battery Metals Inc. Extends Strike of the CV5 Pegmatite, Drills 34.2 m at 1.06% Li2O in Step-Out Hole and 11.6 M at 3.25% Li2O in Infill Hole, Quebec, Canada

Patriot Battery Metals Inc. Announces Additional Drill Results from the 2023 Program Completed At the CV13 Spodumene Pegmatite At the Corvette Property

Patriot Drills 56.6 M At 1.37% Li2O in Step-Out Hole and Completes Final Hole of 2023 Program At the CV5 Pegmatite, Quebec, Canada

Patriot Battery Metals Inc. Announces Corvette Project Approvals Process Commences with Submission of the Preliminary Information Statement

Patriot Battery Metals Inc. Makes New Discovery at the Corvette Property as It Intercepts 100 M of Spodumene Bearing Pegmatite at CV9, Quebec, Canada

Vice President of Exploration exercised options and sold CA$461k worth of stock

Patriot Battery Metals Inc. (TSXV:PMET) acquired Two Proximal Claim Blocks in the Eeyou Istchee James Bay Region, Quebec for CAD 1.7 million.

Patriot Discovers New High-Grade Zone At the Cv13 Spodumene Pegmatite, Corvette Property, Quebec, Canada

Patriot Battery Metals Inc. Announces Appointment of Olivier Caza-Lapointe as Head of Investor Relations

Vice President of Environment recently bought CA$124k worth of stock

Patriot Battery Metals Inc. Extends Strike Length to 4.35 Km At the Cv5 Spodumene Pegmatite, Corvette Property, Quebec, Canada

High number of new and inexperienced directors

Patriot Battery Metals Inc. Provides Drill Program Update at its Corvette Property, Quebec, Canada

Patriot Battery Metals Inc. Provides Operations Update for its Corvette Property, Quebec, Canada

Patriot Battery Metals Inc. announced that it has received CAD 108.992334 million in funding from Albemarle Corporation

Osisko Gold Royalties Ltd. Congratulates Patriot Battery Metals Inc. on Its Maiden Mineral Resource Estimate At Corvette & Subsequent Strategic Investment by Albemarle Corporation

Patriot Battery Metals Inc. announced that it has received CAD 108.992334 million in funding from Albemarle Corporation

Patriot Battery Metals Inc. announced that it has received CAD 108.992334 million in funding from Albemarle Corporation

Patriot Provides Operational Update for the Corvette Property, Quebec, Canada

Patriot Battery Metals Inc., Annual General Meeting, Sep 19, 2023

Patriot Battery Metals Inc. Announces Final Core Assay Results from its 2023 Winter Drill Program at the CV5 Pegmatite, Corvette Property, Quebec, Canada

Patriot Battery Metals Inc. Announces the Results of Preliminary Heavy Liquid Separation Testwork on CV13 Pegmatite Core Samples

Patriot Battery Metals Reportedly Taps Macquarie Capital for A Deal

Patriot Battery Metals Inc. Provides Operational Update on the Work Programs At the Corvette Property, Quebec, Canada

Patriot Battery Metals Inc. Announces Core Assays for the Next Series of Drill Holes Completed as Part of the 2023 Winter Drill Program

Patriot Battery Metals Inc. Announces Board Changes

Patriot Battery Metals Inc. Provides Operational Update on the Work Programs At the Corvette Property, Quebec, Canada

Patriot Provides Operational Update on the Work Programs At the Corvette Property, Quebec, Canada

Price target increased by 8.2% to CA$17.71

Patriot Battery Metals Inc. Announces Additional High-Grade Nova Zone, at the CV5 Pegmatite, Corvette Property, Quebec, Canada

Chief Financial Officer recently bought CA$198k worth of stock

Price target increased by 16% to CA$16.21

Patriot Battery Metals Inc. Announces Assay Results from Its 2022 Drill and Surface Exploration Programs over the CV13 Pegmatite Cluster At Its Corvette Property

Patriot Battery Metals Inc. Provides an Update on the 2023 Drill Campaign

Less than half of directors are independent

Patriot Battery Metals Inc. Appoints Alex Eastwood as Executive Vice President - Commercial

Patriot Battery Metals Inc. Appoints Alex Eastwood as Executive Vice President - Commercial