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Patriot Lithium Ltd.
(Sydney:PAT)
Patriot Lithium Ltd. (PAT) vs. iShares MSCI Australia ETF (EWA)
Patriot Lithium Ltd. Business Overview & Revenue Model
Patriot Lithium Ltd. Financial Statement Overview
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 194.06K | 194.06K | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 221.87K | 194.06K | -62.83K | -36.60K | -27.45K | 0.00 |
| EBITDA | -34.98K | -3.11M | -6.69M | -4.85M | -646.61K | -18.46K |
| Net Income | -5.13M | -3.96M | -6.75M | -4.89M | -755.17K | -18.46K |
Balance Sheet | ||||||
| Total Assets | 3.97M | 3.08M | 4.50M | 6.59M | 667.89K | 65.58K |
| Cash, Cash Equivalents and Short-Term Investments | 2.20M | 1.34M | 2.34M | 5.09M | 347.16K | 64.28K |
| Total Debt | 0.00 | 0.00 | 0.00 | 12.39K | 49.12K | 0.00 |
| Total Liabilities | 127.39K | 86.68K | 168.59K | 262.63K | 314.13K | 14.04K |
| Stockholders Equity | 3.84M | 2.99M | 4.33M | 6.33M | 353.76K | 51.54K |
Cash Flow | ||||||
| Free Cash Flow | -3.95M | -2.79M | -5.18M | -3.65M | -684.03K | -5.72K |
| Operating Cash Flow | -3.83M | -2.66M | -5.18M | -3.40M | -398.84K | -5.72K |
| Investing Cash Flow | -181.22K | -123.89K | 70.16K | -1.28M | -285.20K | 0.00 |
| Financing Cash Flow | 3.82M | 1.77M | 2.35M | 9.43M | 966.92K | 70.00K |
Patriot Lithium Ltd. Technical Analysis
Patriot Lithium Ltd. Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
45 Neutral | AU$9.40M | -1.85 | -40.27% | ― | ― | -114.29% | |
44 Neutral | AU$10.16M | -1.97 | -133.69% | ― | ― | 58.34% | |
44 Neutral | AU$12.86M | -3.15 | -380.81% | ― | ― | -32.39% | |
44 Neutral | AU$28.60M | -6.37 | -24.52% | ― | ― | 26.67% | |
42 Neutral | AU$47.54M | -15.23 | -1.33% | ― | ― | ― | |
42 Neutral | AU$100.65M | -0.73 | -99.87% | ― | ― | -620.20% |
Patriot Lithium Ltd. Corporate Events
Patriot Resources Limited has announced the appointment of Dominic Duggan as a director effective 19 March 2026, disclosing his initial interests in the company’s securities in line with ASX listing rules. Duggan holds 1,214,089 fully paid ordinary shares and 10,000,000 options exercisable at $0.08 expiring on 12 February 2029, with no additional indirect holdings or contractual interests reported, providing shareholders with transparency on the new director’s equity alignment.
This disclosure underscores the company’s adherence to corporate governance and regulatory reporting standards as it updates the market on board composition. The extent of Duggan’s direct share and option holdings signals a significant personal financial stake in Patriot Resources, aligning his interests with those of investors and potentially influencing future strategic and operational decisions at the board level.
The most recent analyst rating on (AU:PAT) stock is a Hold with a A$0.04 price target. To see the full list of analyst forecasts on Patriot Lithium Ltd. stock, see the AU:PAT Stock Forecast page.
Patriot Resources Limited has elevated Dominic Duggan, previously serving as chief executive officer, to the combined role of managing director and CEO, effective immediately. The move consolidates leadership as the company prepares for its next phase of growth and progression of its international mining projects.
Duggan is a mining engineer and finance professional with more than a decade of experience across iron ore, gold and base metals, including leadership roles at Rio Tinto in operations, finance and stakeholder engagement. Patriot’s board said his mix of technical, operational and financial skills, as well as his established relationships with in-country teams and the Tassa community in Peru, will be central to advancing its high-grade Tassa project and broader strategy to deliver shareholder value.
The most recent analyst rating on (AU:PAT) stock is a Hold with a A$0.04 price target. To see the full list of analyst forecasts on Patriot Lithium Ltd. stock, see the AU:PAT Stock Forecast page.
Patriot Resources Limited has released its interim financial report for the half year ended 31 December 2025, covering the parent company and its controlled entities. The document includes the directors’ report, auditor’s independence declaration, review report, and full interim financial statements, indicating the company’s ongoing compliance with disclosure and reporting obligations for the period.
The publication of this half-year report provides stakeholders with an updated view of Patriot Resources’ financial position, performance and cash flows. It also underscores the company’s adherence to corporate governance and audit standards, which are central to maintaining transparency and investor confidence in the resources sector.
The most recent analyst rating on (AU:PAT) stock is a Hold with a A$0.04 price target. To see the full list of analyst forecasts on Patriot Lithium Ltd. stock, see the AU:PAT Stock Forecast page.
Patriot Resources Ltd. has issued 20 million fully paid ordinary shares as consideration for the acquisition of Colque Holdings Pty Ltd, a deal previously announced in December 2025 and approved by shareholders in February 2026. The company has applied for quotation of the new shares and confirmed, via a cleansing notice under the Corporations Act, that it is compliant with its financial reporting and continuous disclosure obligations, indicating the transaction proceeds without undisclosed material information for investors.
The cleansing notice means the newly issued shares can be freely traded without a prospectus, streamlining the integration of Colque Holdings into Patriot’s capital structure. This share-based acquisition underscores Patriot’s use of equity to fund growth and signals continued expansion of its asset base while affirming regulatory compliance to the market.
The most recent analyst rating on (AU:PAT) stock is a Hold with a A$0.05 price target. To see the full list of analyst forecasts on Patriot Lithium Ltd. stock, see the AU:PAT Stock Forecast page.
Patriot Resources Limited has applied to the ASX for quotation of 20 million new fully paid ordinary shares, issued on 27 February 2026. The move increases the company’s free float and tradable equity, potentially enhancing liquidity for existing shareholders and supporting future capital-raising or corporate initiatives, though the filing provides no further operational or project details.
The application, lodged as a new announcement on 2 March 2026 under Appendix 2A of the ASX Listing Rules, formalizes the admission of these securities to trading on the exchange. While the document is largely procedural, the expanded share base may affect ownership dilution, market capitalization, and the company’s flexibility in pursuing growth or transaction opportunities within the resources sector.
The most recent analyst rating on (AU:PAT) stock is a Hold with a A$0.05 price target. To see the full list of analyst forecasts on Patriot Lithium Ltd. stock, see the AU:PAT Stock Forecast page.
Patriot Resources Limited has completed the acquisition of 100% of the Tassa Silver-Gold Project in southern Peru, adding a high-grade, silver-dominant asset with an inferred JORC resource of 31.4 million ounces silver equivalent at 52.68 grams per tonne. The project hosts 25.5 million ounces of silver with polymetallic credits, and mineralisation begins at surface and remains open in all directions, underpinned by a 2.8 kilometre mineralised corridor offering substantial expansion potential.
Within the Tassa system, the high-grade Zone S2, averaging roughly 102 grams per tonne silver equivalent, has been identified as a priority growth target, remaining open along strike and at depth. Patriot plans a Phase 1 drilling program in 2026 to infill and extend high-grade corridors, aiming to grow the resource base, convert more ounces, and strengthen its position as a leveraged silver producer in a market supported by structural supply constraints and rising industrial demand.
The most recent analyst rating on (AU:PAT) stock is a Hold with a A$0.05 price target. To see the full list of analyst forecasts on Patriot Lithium Ltd. stock, see the AU:PAT Stock Forecast page.
Patriot Resources Limited has requested a voluntary trading halt in its securities on the ASX pending an announcement on the completion of the Tassa Silver and Gold Deposit transaction first disclosed in December 2025. The halt will remain in place until either the announcement is released or normal trading resumes on 3 March 2026, signaling that a potentially material update on the company’s precious metals portfolio is imminent for investors.
The company has indicated it expects trading to recommence once the completion announcement is lodged, and it has stated there is no reason why the halt should not be granted. The move underscores the importance of the Tassa silver and gold asset to Patriot Resources’ growth strategy and suggests forthcoming news that could influence market perception of its project pipeline and valuation.
The most recent analyst rating on (AU:PAT) stock is a Hold with a A$0.05 price target. To see the full list of analyst forecasts on Patriot Lithium Ltd. stock, see the AU:PAT Stock Forecast page.
Patriot Resources Limited has disclosed that shareholder Mr Dominic Virgara and associated entity Bosswhat Pty Ltd have ceased to be substantial holders in the company as of 19 February 2026. The change in status was triggered by dilution resulting from an issue of new shares, rather than by any sale or transfer of their existing holdings.
The notice indicates that no consideration was exchanged and no votes were affected, underscoring that the shift arose purely from a relative reduction in their ownership percentage. This development subtly reshapes Patriot Resources’ share register and may slightly diffuse concentrated influence among existing large shareholders, with potential implications for future control and corporate decision-making dynamics.
The most recent analyst rating on (AU:PAT) stock is a Sell with a A$0.05 price target. To see the full list of analyst forecasts on Patriot Lithium Ltd. stock, see the AU:PAT Stock Forecast page.
Patriot Resources Limited has appointed mining engineer and finance professional Dominic Duggan as its new Chief Executive Officer, effective 2 February 2026, as part of a leadership build-out to advance its growing portfolio of mining assets. Duggan brings more than a decade of technical and operational experience across iron ore, gold and base metals, including leadership roles at Rio Tinto and work on mine finance and First Nations partnerships, and will receive a fixed salary, potential performance-based bonus and long-term incentive options under the company’s employee share scheme, underscoring Patriot’s focus on scaling its silver-gold, polymetallic and lithium projects in Peru, Zambia and Canada.
The most recent analyst rating on (AU:PAT) stock is a Hold with a A$0.06 price target. To see the full list of analyst forecasts on Patriot Lithium Ltd. stock, see the AU:PAT Stock Forecast page.
Patriot Resources has extended the strike length of its newly discovered polymetallic system (Target B1) at the Kitumba project in Zambia from 400 metres to approximately one kilometre, following the completion of Phase 2 ground magnetics and induced polarization surveys over an expanded 90-hectare area. The system remains open laterally and along strike, with geophysical data indicating mineralised signatures to at least around 100 metres depth and trenching now totaling 645 metres, while previously reported assays have already confirmed copper, gold, silver, zinc and lead mineralisation over a 200-metre strike; together, these results support the company’s progression toward initial drill testing, marking a significant step in de-risking and potentially scaling up the project for stakeholders.
The most recent analyst rating on (AU:PAT) stock is a Hold with a A$0.07 price target. To see the full list of analyst forecasts on Patriot Lithium Ltd. stock, see the AU:PAT Stock Forecast page.
In the December 2025 quarter, Patriot Resources entered a binding agreement to acquire 100% of the high-grade Tassa Silver-Gold deposit in southern Peru, a drill-confirmed epithermal system with multiple thick, high-grade silver and gold intercepts, and completed an oversubscribed A$4.25 million capital raising to fund the acquisition and broader exploration. The company also significantly advanced its Zambian copper strategy at the Kitumba project, where trenching, assays and high-resolution geophysics confirmed a large, open polymetallic Cu-Au-Ag-Zn-Pb system and doubled the interpreted strike length at Target B1, while consolidating land tenure in the Mumbwa District and highlighting renewed strategic interest in its 100%-owned Gorman Lithium project in Canada amid rising lithium prices, leaving Patriot well-funded and positioned to progress multiple high-grade targets in 2026.
The most recent analyst rating on (AU:PAT) stock is a Hold with a A$0.07 price target. To see the full list of analyst forecasts on Patriot Lithium Ltd. stock, see the AU:PAT Stock Forecast page.
Patriot Resources Limited has called a General Meeting of shareholders to be held in person at its Subiaco, Western Australia office on 13 February 2026 at 10:30am WST. The company has made the Notice of Meeting and Explanatory Memorandum available online via its website and the ASX announcements platform, and has confirmed that hard copies will only be provided to those investors who have elected to receive physical documents under updated corporate communication laws. Shareholders are being urged to vote on the resolutions, either by attending in person or by lodging a proxy form with the company’s share registry, Automic Registry Services, by 11 February 2026, with eligibility to vote determined by the shareholder register as at 4:00pm WST that day. The announcement underscores the importance of the meeting for investors’ interests and signals Patriot’s ongoing reliance on digital channels and formal governance processes to manage shareholder engagement and decision-making.
The most recent analyst rating on (AU:PAT) stock is a Hold with a A$0.06 price target. To see the full list of analyst forecasts on Patriot Lithium Ltd. stock, see the AU:PAT Stock Forecast page.
Patriot Resources has reported significant silver and gold assays from its Phase 1 trenching program at the B1 target within the Kitumba 27715 project in Zambia, adding to previously announced strong copper, zinc and lead results. The new assays, combined with coincident induced polarisation anomalies and geophysical signatures extending the main target zone and identifying parallel structures, further validate B1 as a promising near-surface polymetallic system and support the company’s plans to expand geophysical surveys and commence Phase 2 trenching to refine future drilling targets.
The most recent analyst rating on (AU:PAT) stock is a Hold with a A$0.06 price target. To see the full list of analyst forecasts on Patriot Lithium Ltd. stock, see the AU:PAT Stock Forecast page.
Patriot Resources Limited has issued 40 million ordinary fully paid shares at $0.0475 per share, following an earlier announcement on 11 December 2025, and has lodged an application for quotation of these new shares on the ASX. The company has provided a cleansing notice under section 708A of the Corporations Act confirming that the shares were issued without a prospectus, that it is compliant with its financial reporting and continuous disclosure obligations, and that there is no withheld information material to assessing the company or the rights attached to the new shares, thereby facilitating secondary trading and reinforcing regulatory transparency for investors.
Patriot Resources Limited has issued 40 million fully paid ordinary shares at $0.0475 per share, following its earlier announcement on 11 December 2025, as part of its capital management activities. The company has lodged the required Appendix 2A detailing the new securities and has confirmed that the share issue was conducted without a prospectus under the relevant provisions of the Corporations Act, while affirming its ongoing compliance with reporting obligations and that there is no undisclosed price-sensitive information, which supports regulatory transparency and investor confidence.
Patriot Resources Limited has applied to the ASX for quotation of 40 million fully paid ordinary shares under its existing ticker PAT, expanding the pool of tradeable securities on issue. The issuance, linked to previously announced transactions, represents a notable increase in the company’s quoted capital base and may enhance liquidity for shareholders while signaling ongoing corporate or financing activity, though no additional operational or strategic details are provided in the filing.