12:26:01 EDT Fri 03 May 2024
Enter Symbol
or Name
USA
CA



Patriot Battery Metals Inc
Symbol PMET
Shares Issued 92,848,572
Close 2023-04-28 C$ 12.57
Market Cap C$ 1,167,106,550
Recent Sedar Documents

Globe says Aganga positively charged by Patriot Battery

2023-04-28 09:10 ET - In the News

The Globe and Mail reports in its Friday, April 28, edition that National Bank Financial analyst Lola Aganga rates Patriot Battery Metals "outperform" in new coverage. The Globe's David Leeder writes in the Eye On Equities column that Mr. Aganga targets the shares at $17. Analysts on average target the shares at $16.71. The analyst thinks the Vancouver-based company's 100-per-cent-owned, low-cost Corvette project in the James Bay region of Quebec is "already yielding impressive results and will deliver attractive economics in a mining-friendly jurisdiction." Mr. Aganga says in a note: "Patriot Battery is on track to deliver a minimum Inferred Resource by mid-year of a world-class deposit, potentially an Indicated Resource to support a subsequent pre-feasibility study. Based on drilling to date on the CV5 trend, we calculate a potential Inferred Resource of 90 million tons grading 1.35-per-cent Li2O. Over the last 12 months, Patriot Battery's share price has risen approximately 800 per cent from $1.50 per share in March, 2022, to $13 per share today and more than doubled since the start of the year, driven primarily by exploration results which boast consistent widths of high-grade lithium spodumene ore."

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