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Patriot Battery Metals Inc Shs Chess Depository Interests Repr 1 Sh
(Sydney:PMT)
Patriot Battery Metals Inc Shs Chess Depository Interests Repr 1 Sh (PMT) vs. iShares MSCI Australia ETF (EWA)
Patriot Battery Metals Inc Shs Chess Depository Interests Repr 1 Sh Business Overview & Revenue Model
Patriot Battery Metals Inc Shs Chess Depository Interests Repr 1 Sh Financial Statement Overview
| Breakdown | TTM | Mar 2024 | Jun 2023 | Mar 2022 | Jun 2021 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -108.73K | 0.00 | -876.00K | -21.00K | 0.00 | 0.00 |
| EBITDA | 21.75M | -18.36M | 13.49M | -6.85M | -3.55M | -695.71K |
| Net Income | -5.87M | -6.30M | 2.61M | -10.12M | -3.88M | -775.05K |
Balance Sheet | ||||||
| Total Assets | 358.39M | 366.63M | 247.92M | 107.72M | 26.62M | 4.37M |
| Cash, Cash Equivalents and Short-Term Investments | 51.26M | 101.17M | 73.00M | 56.72M | 11.70M | 149.55K |
| Total Debt | 295.00K | 375.00K | 365.00K | 0.00 | 0.00 | 40.00K |
| Total Liabilities | 37.43M | 50.54M | 44.70M | 37.72M | 2.76M | 153.88K |
| Stockholders Equity | 320.96M | 316.09M | 203.22M | 70.00M | 23.86M | 4.21M |
Cash Flow | ||||||
| Free Cash Flow | 54.75M | -38.87M | -54.55M | -34.90M | -10.52M | -1.28M |
| Operating Cash Flow | -5.26M | -6.61M | -16.16M | -7.21M | -3.12M | -516.23K |
| Investing Cash Flow | -58.80M | -107.03M | -91.67M | -27.69M | -7.40M | -760.54K |
| Financing Cash Flow | 71.73M | 141.80M | 124.12M | 79.93M | 22.07M | 1.17M |
Patriot Battery Metals Inc Shs Chess Depository Interests Repr 1 Sh Technical Analysis
Patriot Battery Metals Inc Shs Chess Depository Interests Repr 1 Sh Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
82 Outperform | AU$1.36B | 9.49 | 33.38% | ― | 45.73% | 716.15% | |
72 Outperform | $507.77M | 4.68 | 15.02% | ― | 10.84% | ― | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
53 Neutral | AU$745.89M | -26.55 | -16.67% | ― | ― | 38.72% | |
52 Neutral | AU$978.78M | -81.56 | -1.72% | ― | ― | -3900.00% | |
52 Neutral | AU$546.66M | -10.11 | -90.12% | ― | ― | -98.20% | |
49 Neutral | AU$614.55M | -28.48 | -179.67% | ― | -100.00% | -6.00% |
Patriot Battery Metals Inc Shs Chess Depository Interests Repr 1 Sh Corporate Events
PMET Resources Inc. has reported updated figures for its CDIs and underlying securities for February 2026, disclosing 613,110,530 CDIs on issue over quoted securities at month-end under its 10:1 CDI ratio structure. The company also detailed movements in ordinary fully paid shares and noted no changes in its outstanding options, highlighting net transfers between CDIs and TSX-listed ordinary shares as the main driver of the modest reduction in CDI count.
The total CDIs decreased by 2,141,490 over the month, while ordinary fully paid shares not covered by CDIs increased by 214,149, reflecting ongoing capital structure adjustments between the Australian and Canadian registers. These changes, including transfers and new issues recorded in February, indicate active management of the dual-listed share base, with no indication of material dilution from options and a relatively stable overall securities position for investors monitoring PMET’s listed equity.
The most recent analyst rating on (AU:PMT) stock is a Hold with a A$0.56 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.
Patriot Battery Metals, through PMET Resources Inc., is positioning the Shaakichiuwaanaan lithium project as a key asset aimed at supplying North American, European and North Asian battery markets with spodumene concentrate and potential tantalum and caesium co-products. The company outlines parameters tied to a forthcoming feasibility study, including life-of-mine economics, production rates and capital costs, while flagging regulatory milestones such as an ESIA, permitting timeline and tax-credit eligibility that will shape project economics and stakeholder outcomes.
Management highlights that upcoming work programs, including additional drilling at the CV5 and CV13 areas and further economic studies, are intended to optimise project throughput, extend mineral resources and improve resilience across commodity price cycles. The update underscores the project’s potential to become a cornerstone supplier in global battery supply chains, but also emphasises the usual exploration, development, regulatory and market risks that could materially affect expected schedules and returns for investors, communities and other stakeholders.
The most recent analyst rating on (AU:PMT) stock is a Buy with a A$0.65 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.
PMET Resources director Mélissa Desrochers has increased her direct holding in the company through an on-market purchase of 2,400 ordinary shares at C$5.00 per share. Following the trade, her interests comprise 2,400 ordinary shares alongside a substantial package of unquoted options and deferred share units with staggered vesting dates.
The transaction, effective 1 December 2025 and disclosed via an updated director’s interest notice, signals a modest increase in direct equity exposure while leaving her existing options and DSU awards unchanged. The move may be interpreted by the market as a vote of confidence in PMET Resources’ prospects, as director share purchases are often viewed as a positive governance and alignment indicator for shareholders.
The most recent analyst rating on (AU:PMT) stock is a Buy with a A$0.65 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.
PMET Resources Inc. has released a corporate presentation dated 4 February 2026 outlining key parameters and assumptions for the Shaakichiuwaanaan lithium project, including life-of-mine economic metrics calculated in Canadian dollars and based on a stated exchange rate. The document emphasizes that the material is informational only, not an offering or investment advice, that project forecasts are subject to significant risk and uncertainty, and that readers should rely on their own due diligence and consult advisers before making any investment decisions, underscoring regulatory, market and technical risks around costs, production, permitting timelines and the project’s role as a potential cornerstone supplier to global battery supply chains.
The most recent analyst rating on (AU:PMT) stock is a Hold with a A$0.65 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.
PMET Resources Inc. reported its widest and highest-grade caesium intercepts to date at the Vega Zone of its CV13 pegmatite, including intervals up to 28.0 metres at 8.05% Cs2O and a peak sample grade of 29.79% Cs2O, while expanding the interpreted footprint and width of caesium mineralisation. Additional high-grade caesium hits were announced from infill drilling at the Rigel Zone and from the newly discovered Helios Zone, underscoring the scale and quality of the project’s caesium endowment and reinforcing the potential for the Shaakichiuwaanaan Property to enhance the company’s value and strategic positioning in specialty battery and technology metals.
The most recent analyst rating on (AU:PMT) stock is a Buy with a A$0.70 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.
PMET Resources Inc. has released its unaudited condensed interim consolidated financial statements for the three- and nine-month periods ended December 31, 2025, prepared in accordance with International Financial Reporting Standards and overseen by its management and Board of Directors. The company emphasized the robustness of its internal controls, the role of its Audit and Risks Committee in reviewing financial reporting, and its commitment to regulatory compliance and high standards of conduct, underscoring efforts to maintain reliable financial information and governance for shareholders and other stakeholders.
The most recent analyst rating on (AU:PMT) stock is a Hold with a A$0.70 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.
PMET Resources Inc. reported a modest increase in its CHESS Depositary Interests on issue for January 2026, with total CDIs rising to 545.33 million from 545.02 million, driven by net transfers between CDIs and ordinary shares listed on the TSX. The filing also shows a small decrease in ordinary fully paid shares without CDIs attached and a marginal reduction in restricted share units, indicating routine capital management and securities transfers rather than a major change in the company’s overall equity position.
The most recent analyst rating on (AU:PMT) stock is a Hold with a A$0.70 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.
PMET Resources Inc. has announced the cessation of 750,000 listed options (PMTAU), which expired unexercised on 25 January 2026 at an exercise price of CAD 12.50. The expiry of these options, without conversion into underlying shares, results in a reduction of potential future share dilution and slightly simplifies the company’s capital structure for existing stakeholders.
The most recent analyst rating on (AU:PMT) stock is a Buy with a A$0.95 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.
PMET Resources has reported final 2025 drill results from its Shaakichiuwaanaan Property, highlighted by some of its best-ever wide, high‑grade lithium intercepts from infill drilling at the Vega Zone and additional strong results from the Rigel Zone and CV4 pegmatite. The company also announced the discovery of a new near‑surface high‑grade lithium‑tantalum zone, dubbed “Helios,” at the CV13 pegmatite, with caesium assays still pending after triggering overlimit analyses in multiple holes. In total, PMET completed 57,024 metres of drilling in 2025 across several LCT pegmatite targets and development-support holes for CV5 and CV13, reinforcing the scale and quality of the project and potentially strengthening its positioning as a major future supplier of critical battery minerals.
The most recent analyst rating on (AU:PMT) stock is a Hold with a A$0.70 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.
PMET Resources Inc has disclosed a change in the holdings of director Ken Brinsden, who received 2,115 new ordinary shares on 9 January 2026 as part of his FY2026 salary, issued in lieu of cash at a deemed price of C$5.8198 per share. Following the issue, Brinsden’s direct interest increased to 83,634 ordinary shares, in addition to his existing portfolio of options, DSUs, RSUs, PSUs and indirect holdings via Brinsden Holdings Pty Ltd, underscoring the company’s continued use of equity-based compensation to align director incentives with shareholder value and reinforce its governance and remuneration structure.
The most recent analyst rating on (AU:PMT) stock is a Hold with a A$0.73 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.
PMET Resources Inc. has issued 2,115 ordinary fully paid common shares, which will be quoted on the Toronto Stock Exchange and may later be converted by holders into CHESS Depositary Interests for trading on the Australian Securities Exchange. The company has lodged a cleansing notice stating that these shares were issued without a disclosure document under Australian law, while confirming its compliance with the relevant continuous disclosure and corporate reporting obligations and that there is no excluded information requiring disclosure, thereby facilitating secondary trading of any resulting CDIs under section 708A of the Corporations Act as modified by the applicable ASIC instrument.
The most recent analyst rating on (AU:PMT) stock is a Hold with a A$0.73 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.
PMET Resources Inc. has notified the market of the issue of a small tranche of unquoted securities, comprising 3,480 deferred share units and 2,115 ordinary fully paid shares, dated 9 January 2026, under its employee incentive arrangements. The move reflects routine capital management and remuneration practices designed to align employees’ interests with shareholders, with limited immediate impact on the overall capital base but underscoring the company’s ongoing use of equity-based compensation in a competitive resources sector talent market.
The most recent analyst rating on (AU:PMT) stock is a Hold with a A$0.73 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.
PMET Resources Inc. has reported a modest reshaping of its capital structure for December 2025, with the total number of CHESS Depositary Interests on issue falling to 545,023,470, down by 3,872,640 CDIs month on month, due mainly to net transfers between CDIs and ordinary shares listed on the TSX. Over the same period, ordinary fully paid shares not represented by CDIs increased to 109,280,448, reflecting both transfers between the CDI and share registers and new share issues, while the balance of deferred share units remained unchanged and restricted share units declined slightly, signalling routine equity management rather than a major strategic shift.
The most recent analyst rating on (AU:PMT) stock is a Hold with a A$0.63 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.
PMET Resources Inc. has issued 89,125 fully paid common shares that will be quoted on the Toronto Stock Exchange and may later be converted into CHESS Depositary Interests for trading on the ASX, depending on holder preference. The company has lodged a cleansing notice confirming that these shares were issued without a prospectus under Australian law, that it remains in compliance with its continuous disclosure obligations, and that there is no excluded information requiring disclosure, thereby facilitating secondary trading of any resulting CDIs by giving assurance of regulatory compliance to investors.
The most recent analyst rating on (AU:PMT) stock is a Buy with a A$0.65 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.
PMET Resources Inc has disclosed changes to the holdings of director Blair Way, reflecting both on-market and off-market movements in his interest in the company’s securities. Way sold 264,000 ordinary shares on-market at C$4.7503 per share and received an off-market transfer of 3,756,580 CDIs, previously pledged as collateral under a loan facility with Equities First Holdings LLC, resulting in an increase in his direct CDI holdings and a reduction in the number of CDIs held indirectly through the lender. The update also confirms the ongoing use of a Master Loan Agreement and Deed of Security with Equities First Holdings LLC, under which PMT CDIs are transferred as security for a personal loan facility maturing in March 2026, highlighting the extent of the director’s leveraged exposure to the company’s stock and providing the market with greater transparency on his share-backed financing arrangements.
The most recent analyst rating on (AU:PMT) stock is a Buy with a A$0.65 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.
PMET Resources Inc. has notified the market that it has issued 89,125 ordinary fully paid shares, classified as unquoted securities, with an issue date of 18 December 2025. The additional equity issuance marginally expands the company’s share base and reflects ongoing capital management activities that may support its operational or corporate objectives without immediate detail on the specific purpose of the new shares.
The most recent analyst rating on (AU:PMT) stock is a Buy with a A$0.65 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.
PMET Resources Inc., a critical minerals explorer and developer, is focused on its district-scale, 100%-owned Shaakichiuwaanaan lithium pegmatite project in Quebec’s Eeyou Istchee James Bay region, backed by a positive lithium-only feasibility study on the CV5 pegmatite and what it describes as the largest lithium pegmatite resource in the Americas, alongside significant tantalum and caesium potential. The company has issued 89,125 new common shares at $4.03 per share to its largest strategic investor, Volkswagen Finance Luxemburg S.A., raising about $359,000 for general corporate purposes, following recent share issuances tied to the Pikwa acquisition; the Toronto Stock Exchange has conditionally approved the issuance, reinforcing Volkswagen’s strategic stake and providing incremental funding as PMET advances development of its flagship lithium project.
The most recent analyst rating on (AU:PMT) stock is a Buy with a A$0.65 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.
Patriot Battery Metals Inc has provided an update regarding its Shaakichiuwaanaan Project and associated feasibility study, reaffirming the robustness of its assumptions and technical parameters. The project showcases potential as a cornerstone supplier for global battery supply chains, with promising production capabilities and resilience to market cycles, emphasizing its strategic importance within the battery materials sector.
The most recent analyst rating on (AU:PMT) stock is a Buy with a A$0.65 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.
PMET Resources Inc. has announced the issuance of unquoted equity securities, specifically unquoted options, as part of an employee incentive scheme. These options, which are not intended to be quoted on the ASX, are exercisable at C$4.6725 and have expiry dates in December 2028 and 2030. This issuance reflects the company’s strategy to incentivize and retain key employees, potentially impacting its operational dynamics and stakeholder interests by aligning employee goals with company performance.
The most recent analyst rating on (AU:PMT) stock is a Buy with a A$0.65 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.
PMET Resources Inc. announced the issuance of unquoted equity securities, specifically restricted share units and performance share units, totaling 898,436 units. This move is part of an employee incentive scheme and is not intended for quotation on the ASX, which may impact the company’s internal operations and employee engagement strategies.
The most recent analyst rating on (AU:PMT) stock is a Buy with a A$0.65 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.
PMET Resources Inc. announced significant discoveries of lithium and caesium at its Shaakichiuwaanaan Property during its 2025 drilling campaign. The discoveries include new lithium zones at the CV4 and CV12 pegmatites and a new caesium zone at CV12. These findings extend the strike lengths of existing pegmatites and enhance the property’s potential as a critical mineral resource. The campaign, which included extensive drilling and resource estimation updates, supports the project’s development and strengthens PMET’s position in the critical minerals market.
The most recent analyst rating on (AU:PMT) stock is a Buy with a A$0.65 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.
PMET Resources Inc. has announced an amendment to the Appendix 3Y for Kenneth Brinsden, highlighting additional details regarding the value and nature of changes in securities issued. The shares were issued in lieu of cash payments for Brinsden’s FY2026 salary and FY2025 STIP, as previously approved by shareholders. This amendment does not alter any other information in the original notice.
The most recent analyst rating on (AU:PMT) stock is a Buy with a A$0.45 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.