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PMET Resources Updates CDI and Share Balances for April 2026

Story Highlights
  • PMET Resources reported a rise in CDIs on issue in April, driven by net transfers from ordinary TSX-listed shares.
  • Ordinary shares not covered by CDIs declined amid share-CDI transfers and new share issues, while options remained unchanged.
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PMET Resources Updates CDI and Share Balances for April 2026

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The latest announcement is out from Patriot Battery Metals Inc Shs Chess Depository Interests Repr 1 Sh ( (AU:PMT) ).

PMET Resources Inc. has reported updated figures for its CHESS Depositary Interests on issue for April 2026, showing 622,718,570 CDIs on issue over quoted securities at month-end, up from 605,809,140 in March. The increase of 16,909,430 CDIs reflects net transfers between CDIs and ordinary shares listed on the TSX, underscoring ongoing cross-market movement in the company’s equity.

The company also detailed 121,539,429 ordinary fully paid shares over which CDIs have not been issued, down from 123,230,372 in the prior month, with the reduction driven by transfers between shares and CDIs and new share issues during April. The static levels of options on issue indicate that recent capital structure changes are centred on share and CDI conversions rather than new derivative issuance, clarifying the evolving balance between the firm’s Australian and Canadian investor bases.

The most recent analyst rating on (AU:PMT) stock is a Buy with a A$1.20 price target. To see the full list of analyst forecasts on Patriot Battery Metals Inc Shs Chess Depository Interests Repr 1 Sh stock, see the AU:PMT Stock Forecast page.

More about Patriot Battery Metals Inc Shs Chess Depository Interests Repr 1 Sh

PMET Resources Inc., which trades on the ASX under the code PMT via CHESS Depositary Interests, is a resources company whose shares are also quoted on the TSX. The company uses a CDI structure to facilitate trading of its Canadian-listed ordinary shares in the Australian market, giving local investors exposure to its underlying resource operations and growth.

Average Trading Volume: 4,835,523

Technical Sentiment Signal: Buy

Current Market Cap: A$1.07B

Find detailed analytics on PMT stock on TipRanks’ Stock Analysis page.

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