Patriot Battery Metals Inc Shs Chess Depository Interests Repr 1 Sh (AU:PMT)
ASX:PMT
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Patriot Battery Metals Inc Shs Chess Depository Interests Repr 1 Sh
(Sydney:PMT)
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Rating:55Neutral
Price Target:
AU$0.58
▼(-12.27% Downside)
Action:ReiteratedDate:04/17/26
The score is primarily held back by pre-revenue operations, recurring losses, and negative operating cash flow, despite a very strong, low-debt balance sheet. Technical indicators are supportive with price above key moving averages and positive momentum, but valuation remains constrained by negative earnings and no dividend.
Positive Factors
Very low leverage / strong balance sheet
Extremely low leverage and a growing equity base provide durable financial flexibility for an exploration company. It reduces refinancing risk, supports sustained drilling programs, and preserves the ability to pursue JV, sale, or development options without urgent debt pressure over the next several months.
Negative Factors
Pre-revenue and persistent operating losses
Lack of operating revenue and continued negative EBIT are structural constraints for an exploration junior: they limit internal funding for follow-up work, lengthen timelines to demonstrate project economics, and mean company value depends heavily on capital markets and exploration success.
Read all positive and negative factors
Positive Factors
Negative Factors
Very low leverage / strong balance sheet
Extremely low leverage and a growing equity base provide durable financial flexibility for an exploration company. It reduces refinancing risk, supports sustained drilling programs, and preserves the ability to pursue JV, sale, or development options without urgent debt pressure over the next several months.
Read all positive factors
Patriot Battery Metals Inc Shs Chess Depository Interests Repr 1 Sh (PMT) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$967.11M
Dividend YieldN/A
Average Volume (3M)2.05M
Price to Earnings (P/E)―
Beta (1Y)0.91
Revenue GrowthN/A
EPS Growth-3900.00%
CountryAU
Employees29
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding1,837,148,800
10 Day Avg. Volume2,316,281
30 Day Avg. Volume2,047,778
Financial Highlights & Ratios
PEG Ratio0.02
Price to Book (P/B)0.11
Price to Sales (P/S)0.00
P/FCF Ratio-0.91
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
AU$0.80Price Target Upside21.21% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering3
EPS Forecast (FY)-0.01
Revenue Forecast (FY)N/A
Patriot Battery Metals Inc Shs Chess Depository Interests Repr 1 Sh Business Overview & Revenue Model
Company Description
Patriot Battery Metals Inc. engages in the identification, evaluation, acquisition, and exploration of mineral properties. The company primarily explores for gold, copper, silver, platinum, and lithium deposits. Its flagship properties include Cor...
How the Company Makes Money
As an exploration-stage company, Patriot Battery Metals generally does not generate recurring operating revenue from selling lithium or other commodities unless it has production or material asset sales/royalties in place; specific current revenue...
Patriot Battery Metals Inc Shs Chess Depository Interests Repr 1 Sh Financial Statement Overview
Summary
Income Statement
24
Negative
Balance Sheet
78
Positive
Cash Flow
45
Neutral
| 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
Positive
0.66
Price Trends
0.52
Positive
0.56
Positive
0.49
Positive
Market Momentum
0.02
Negative
72.94
Negative
97.98
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:PMT, the sentiment is Positive. The current price of 0.66 is above the 20-day moving average (MA) of 0.48, above the 50-day MA of 0.52, and above the 200-day MA of 0.49, indicating a bullish trend. The MACD of 0.02 indicates Negative momentum. The RSI at 72.94 is Negative, neither overbought nor oversold. The STOCH value of 97.98 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:PMT.
Patriot Battery Metals Inc Shs Chess Depository Interests Repr 1 Sh Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
82 Outperform | AU$1.25B | 9.49 | 33.38% | ― | 45.73% | 716.15% | |
72 Outperform | AU$448.75M | 4.68 | 14.39% | ― | 10.84% | ― | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
55 Neutral | AU$967.11M | -81.56 | -1.85% | ― | ― | -3900.00% | |
52 Neutral | AU$459.17M | -10.44 | -63.51% | ― | ― | -98.20% | |
49 Neutral | AU$583.52M | -18.79 | -54.08% | ― | -100.00% | -6.00% | |
44 Neutral | AU$603.72M | -16.33 | -18.64% | ― | ― | 38.72% |
* Basic Materials Sector Average
AU:PMT
Patriot Battery Metals Inc Shs Chess Depository Interests Repr 1 Sh
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0.27
96.43%
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Patriot Battery Metals Inc Shs Chess Depository Interests Repr 1 Sh Corporate Events
PMET Resources Plans New Performance and Restricted Share Unit Issue
Apr 17, 2026
PMET Resources Inc. has announced a proposed issue of up to 88,382 performance share units and 88,382 restricted share units, with a planned issue date of 15 September 2026. The issuance, structured as a placement or other type of security issue, ...
PMET Resources boosts director equity stake through share-based salary
Apr 13, 2026
PMET Resources has disclosed a change in director Ken Brinsden’s holdings, with the executive receiving 8,411 additional ordinary shares. The issuance forms part of his FY2026 remuneration, paid in equity rather than cash at a deemed price o...
PMET Resources Issues New Shares and Files Cleansing Notice for TSX and ASX Trading
Apr 10, 2026
PMET Resources Inc. is a publicly listed company trading on the TSX, ASX, OTCQX and FSE, operating in the resources sector with a focus on extracting and developing mineral assets. Its securities structure includes ordinary common shares on the TS...
PMET Resources Issues Unquoted Shares Under Employee Incentive Plan
Apr 10, 2026
PMET Resources Inc. has notified the market of the issue of 4,474 deferred share units and 8,411 ordinary fully paid shares, effective 9 April 2026, under an employee incentive scheme. The unquoted securities will not be listed on the ASX, indicat...
PMET Resources Updates CDI and Share Structure for February 2026
Mar 3, 2026
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 movem...
PMET outlines Shaakichiuwaanaan lithium project economics and supply-chain ambitions
Feb 24, 2026
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 ...
PMET Resources Director Boosts Stake With On‑Market Share Purchase
Feb 23, 2026
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...
PMET Outlines Shaakichiuwaanaan Lithium Project Parameters in New Corporate Presentation
Feb 4, 2026
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...
PMET Hits Record High-Grade Caesium at Quebec’s Shaakichiuwaanaan Project
Feb 3, 2026
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 interprete...
PMET Resources Releases Interim Financial Statements, Highlights Governance and Controls
Feb 3, 2026
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 ...
PMET Resources Updates CDI and Share Structure for January 2026
Feb 3, 2026
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. T...
PMET Resources Options Lapse, Trimming Potential Share Dilution
Jan 30, 2026
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...
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.