The Globe and Mail reports in its Friday, Dec. 8, edition that BMO Nesbitt Burns analyst Greg Jones commenced coverage on Patriot Battery Metals with an "outperform" recommendation and $16 share target. The Globe's David Leeder writes in the Eye On Equities column that analysts on average target the shares at $18.50. Mr. Jones says in a note: "Patriot has quickly advanced from initial discovery to definition of a large-scale plus-100 Mt resource at its Corvette project in Quebec's James Bay lithium district. Development looks poised to accelerate following a $109-million investment from Albemarle, with several catalysts on the horizon. Our 'outperform' rating is supported by the project's world-class scale, its location in a Tier-1 jurisdiction and emerging Quebec EV supply chain, and being fully-funded to advance toward a construction decision." The Globe reported on June 16 and July 5 that Desjardins Securities analyst Frederic Tremblay rated Patriot Battery Metals "buy." The shares could then be had for $17.53 and $15.90.