Patriot Lithium Ltd. (AU:PAT)
ASX:PAT
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Patriot Lithium Ltd.
(Sydney:PAT)
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Rating:45Neutral
Price Target:
AU$0.12
â–²(134.00% Upside)
Action:Reiterated
Date:05/01/26
The score is held down primarily by weak financial performance (ongoing losses and negative free cash flow despite initial revenue) and limited valuation support due to negative earnings. Technicals provide some offset with an established uptrend, but overbought signals increase short-term risk.
Positive Factors
Low debt / conservative balance sheet
A near-zero debt position materially reduces refinancing and interest-rate risk for an exploration company. Over 2-6 months this conservatism preserves optionality to raise project finance or structure JV deals on better terms and lengthens runway relative to highly leveraged peers.
Negative Factors
Persistent negative operating cash flow
Consistently negative operating cash flow means the business cannot self-fund exploration and development. Over months this requires repeated external financing, increasing dilution risk, distracting management with capital raises, and constraining ability to execute multi-stage project development timelines.
Read all positive and negative factors
Positive Factors
Negative Factors
Low debt / conservative balance sheet
A near-zero debt position materially reduces refinancing and interest-rate risk for an exploration company. Over 2-6 months this conservatism preserves optionality to raise project finance or structure JV deals on better terms and lengthens runway relative to highly leveraged peers.
Read all positive factors
Patriot Lithium Ltd. (PAT) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$32.25M
Dividend YieldN/A
Average Volume (3M)532.40K
Price to Earnings (P/E)―
Beta (1Y)0.68
Revenue GrowthN/A
EPS Growth54.90%
CountryAU
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding293,176,150
10 Day Avg. Volume988,715
30 Day Avg. Volume532,401
Financial Highlights & Ratios
PEG Ratio0.03
Price to Book (P/B)2.40
Price to Sales (P/S)36.96
P/FCF Ratio-2.57
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Patriot Lithium Ltd. Business Overview & Revenue Model
Company Description
Patriot Lithium Limited engages in acquiring, exploring, developing, and mining high grade hard rock lithium projects in North America. It holds interests in the Keystone project located in South Dakota; Tinton West project located in South Dakota...
How the Company Makes Money
null...
Patriot Lithium Ltd. Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
54
Neutral
Cash Flow
22
Negative
| 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
Neutral
0.05
Price Trends
0.07
Positive
0.06
Positive
0.05
Positive
Market Momentum
0.01
Positive
49.25
Neutral
15.07
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:PAT, the sentiment is Neutral. The current price of 0.05 is below the 20-day moving average (MA) of 0.11, below the 50-day MA of 0.07, and below the 200-day MA of 0.05, indicating a neutral trend. The MACD of 0.01 indicates Positive momentum. The RSI at 49.25 is Neutral, neither overbought nor oversold. The STOCH value of 15.07 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for AU:PAT.
Patriot Lithium Ltd. Peers Comparison
UnderperformOutperform
Sector (61)
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% | |
47 Neutral | AU$19.61M | 25.00 | -7.13% | ― | -25.35% | 95.00% | |
46 Neutral | AU$17.36M | -2.17 | -10.22% | ― | ― | ― | |
45 Neutral | AU$32.25M | -1.97 | -150.09% | ― | ― | 54.90% | |
45 Neutral | AU$39.06M | -33.33 | -28.53% | ― | ― | ― | |
43 Neutral | AU$36.40M | -7.76 | -0.02% | ― | ― | 13.53% | |
41 Neutral | AU$9.41M | -1.70 | -328.72% | ― | ― | -189.10% |
* Basic Materials Sector Average
AU:PAT
Patriot Lithium Ltd.
0.10
0.03
50.00%
AU:LIT
Lithium Australia NL
0.01
0.00
0.00%
AU:LEL
Lithium Energy Ltd.
0.32
-0.05
-14.86%
AU:PL9
Arizona Lithium Limited
0.01
0.00
0.00%
AU:LPM
Lithium Plus Minerals Ltd.
0.11
0.05
83.33%
AU:EG1
Evergreen Lithium Ltd.
0.02
>-0.01
-23.33%
Patriot Lithium Ltd. Corporate Events
Patriot Resources sets June general meeting and urges shareholder participation
May 12, 2026
Patriot Resources Limited has scheduled a General Meeting for shareholders to be held in person at its Subiaco offices on 12 June 2026 at 10:30am WST. The company has made the Notice of Meeting and Explanatory Memorandum available online via its w...
Patriot Resources Issues New Shares and Lodges Cleansing Statement
May 8, 2026
Patriot Resources Limited has issued 10 million ordinary fully paid shares at $0.05 per share and a further 8.68 million shares as consideration for digital investor relations services under a signed contract. The company has applied for quotation...
Patriot Resources Secures Premium Placement and Marketing Deal for Tassa Project Push
May 8, 2026
Patriot Resources has completed a strategic placement of 10 million fully paid ordinary shares at $0.05 per share, raising $500,000 before costs at a 28% premium to its bid price, in a deal with Next Investors that supports its capital markets str...
Patriot Resources Seeks ASX Quotation for 18.7 Million New Shares
May 8, 2026
Patriot Resources Limited has applied to the ASX for quotation of 18,680,000 new ordinary fully paid shares under its ticker PAT. The new securities, issued on May 8, 2026, expand the company’s listed share base, potentially broadening its i...
Patriot Resources Tightens Tassa Silver Target Disclosure After ASX Review
May 8, 2026
Patriot Resources Limited has issued an amended announcement regarding its exploration target at the Tassa project after engagement with ASX Listings Compliance. The company reiterates that the exploration target, expressed in silver equivalent te...
Patriot Resources Secures Tassa and Unveils Major Silver Resource in Peru
Apr 30, 2026
Patriot Resources has transformed into a resource-stage growth company after completing the acquisition of 100% of the Tassa Silver-Gold Project in Peru and defining a maiden JORC 2012 mineral resource of 18.53 million tonnes at 52.68 grams per to...
Patriot Resources Lifts Tassa Silver Target to Up to 774 Moz AgEq in Peru
Apr 23, 2026
Patriot Resources has unveiled a substantial upgrade to the Exploration Target at its 100%-owned Tassa Silver Gold Project in southern Peru, now estimated at 559–774 million ounces of silver equivalent from 359–422 million tonnes of o...
Patriot Resources Raises Capital and Bolsters Marketing Through Premium Share Deal
Apr 9, 2026
Patriot Resources Limited has entered into a share placement and investor relations and marketing agreement with private fund Next Investors, issuing 10 million shares at A$0.05 to raise A$500,000 and 8.68 million shares at a deemed A$0.0475 as co...
Patriot Resources Flags 31.4Moz Silver-Equivalent Maiden Resource in Global Growth Push
Mar 25, 2026
Patriot Resources Limited has outlined a growth strategy centered on a newly reported 31.4 million ounce silver-equivalent maiden resource and its portfolio of high-grade silver and critical metals projects across Peru, Zambia and Canada. The upda...
Patriot Resources Issues 2 Million Unquoted Options Expiring 2029
Mar 25, 2026
Patriot Resources Limited has notified the market of the issuance of 2,000,000 unquoted options with an exercise price of A$0.08 and an expiry date of March 25, 2029. The options, issued on March 26, 2026, expand the company’s pool of unquot...
Patriot Resources adds Peruvian legal expert to board as it advances Tassa project
Mar 25, 2026
Patriot Resources Limited has appointed Peruvian corporate lawyer Diego Cillóniz as a Non-Executive Director, bolstering its in-country governance and legal capabilities as it advances the Tassa High-Grade Gold-Silver Project in Peru. Cill...
Patriot Resources Names New Director, Discloses Significant Equity Stake
Mar 19, 2026
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 o...
Patriot Resources Elevates Dominic Duggan to Managing Director and CEO
Mar 18, 2026
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 p...
Patriot Resources Releases Interim Half-Year Financial Report for 2025
Mar 12, 2026
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 ...
Patriot Resources Issues 20 Million Shares to Complete Colque Holdings Acquisition
Mar 1, 2026
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 ap...
Patriot Resources Seeks ASX Quotation for 20 Million New Shares
Mar 1, 2026
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 exi...
Patriot Resources Secures High-Grade Tassa Silver Asset in Peru
Mar 1, 2026
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 pe...
Patriot Resources Seeks Trading Halt Ahead of Tassa Silver-Gold Deal Update
Feb 27, 2026
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 plac...
Patriot Resources Investor Diluted Below Substantial Holder Threshold
Feb 20, 2026
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 resultin...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.