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Patriot Battery Metals Inc Shs Chess Depository Interests Repr 1 Sh (AU:PMT)
ASX:PMT
Australian Market

Patriot Battery Metals Inc Shs Chess Depository Interests Repr 1 Sh (PMT) AI Stock Analysis

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AU

Patriot Battery Metals Inc Shs Chess Depository Interests Repr 1 Sh

(Sydney:PMT)

Rating:37Underperform
Price Target:
The overall score reflects substantial financial challenges with consistent losses and negative cash flow, overshadowing the company's strong equity position. Technical indicators suggest potential short-term momentum, but the longer-term trend remains downward. Valuation metrics are not favorable, with a negative P/E ratio indicating persistent lack of profitability. The company's financial position and lack of revenue generation significantly impact its investment appeal.

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

Company DescriptionPatriot 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 Corvette- FCI project comprising 417 claims totaling 21,357 hectares located in Quebec. The company was formerly known as Gaia Metals Corp. and changed its name to Patriot Battery Metals Inc. in June 2021. Patriot Battery Metals Inc. was incorporated in 2007 and is headquartered in Vancouver, Canada.
How the Company Makes MoneyPatriot Battery Metals Inc generates revenue through the exploration, development, and potential sale or partnership of its mineral properties. The company focuses on identifying and developing lithium-rich deposits, which are increasingly in demand due to the global transition towards electric vehicles and renewable energy solutions. Revenue is primarily derived from the sale of extracted minerals, joint ventures, and strategic partnerships with larger mining or technology companies seeking access to critical battery metals. The company may also engage in royalty agreements or licensing deals, leveraging its mineral rights to earn income from other entities willing to exploit these resources.

Patriot Battery Metals Inc Shs Chess Depository Interests Repr 1 Sh Financial Statement Overview

Summary
Patriot Battery Metals Inc is facing significant financial challenges with no reported revenue and persistent losses in profitability. While the company maintains a strong equity position and low debt, its inability to generate positive cash flow and profits raises concerns about its ability to sustain operations without additional financing.
Income Statement
10
Very Negative
The company has shown consistent losses in terms of net income, EBIT, and EBITDA over the years, with no revenue reported. The TTM data reflects a continued trend of negative profitability metrics, indicating significant operational challenges.
Balance Sheet
40
Negative
The balance sheet shows a relatively strong equity position with a low level of debt, leading to a favorable debt-to-equity ratio. The equity ratio is high, indicating that the company is primarily financed through equity. However, the large accumulation of losses is a concern for long-term financial health.
Cash Flow
20
Very Negative
The cash flow statement indicates negative free cash flow and operating cash flow, reflecting ongoing cash burn. Despite some cash inflow from financing activities, the negative free cash flow trajectory poses a risk to the company's liquidity position.
BreakdownTTMMar 2024Mar 2023Mar 2022Mar 2021Mar 2020
Income Statement
Total Revenue0.000.000.000.000.000.00
Gross Profit-1.71M-876.00K-21.00K0.000.000.00
EBITDA-11.03M13.49M-6.85M-3.55M-774.17K-689.66K
Net Income-4.88M2.61M-10.12M-3.88M-775.05K-528.96K
Balance Sheet
Total Assets293.43M247.92M107.72M26.62M4.37M2.95M
Cash, Cash Equivalents and Short-Term Investments43.70M73.00M56.72M11.70M149.55K255.89K
Total Debt399.00K365.00K0.000.0040.00K0.00
Total Liabilities48.29M44.70M37.72M2.76M153.88K43.24K
Stockholders Equity245.14M203.22M70.00M23.86M4.21M2.91M
Cash Flow
Free Cash Flow-99.05M-54.55M-34.90M-10.52M-1.28M-951.43K
Operating Cash Flow-16.74M-16.16M-7.21M-3.12M-516.23K-481.46K
Investing Cash Flow-120.16M-91.67M-27.69M-7.40M-760.54K-375.45K
Financing Cash Flow74.84M124.12M79.93M22.07M1.17M414.36K

Patriot Battery Metals Inc Shs Chess Depository Interests Repr 1 Sh Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.24
Price Trends
50DMA
0.25
Negative
100DMA
0.26
Negative
200DMA
0.32
Negative
Market Momentum
MACD
>-0.01
Positive
RSI
48.25
Neutral
STOCH
39.28
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:PMT, the sentiment is Negative. The current price of 0.24 is below the 20-day moving average (MA) of 0.24, below the 50-day MA of 0.25, and below the 200-day MA of 0.32, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 48.25 is Neutral, neither overbought nor oversold. The STOCH value of 39.28 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:PMT.

Patriot Battery Metals Inc Shs Chess Depository Interests Repr 1 Sh Peers Comparison

Overall Rating
UnderperformOutperform
Sector (43)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
43
Neutral
AU$1.38B-6.10-40.62%4.17%-4.78%-43.21%
AUPMT
37
Underperform
AU$414.49M2,900.00-2.39%-3700.00%
DEC8U
€391.81M-16.63%
$215.82M22.504.44%
$330.38M4.6727.43%
AUMAU
48
Neutral
AU$405.20M-179.51%-100.00%-27.86%
AUSVM
42
Neutral
AU$430.21M-77.74%-654.93%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:PMT
Patriot Battery Metals Inc Shs Chess Depository Interests Repr 1 Sh
0.24
-0.30
-55.56%
DE:C8U
Chalice Mining
1.02
0.06
6.25%
AUMTF
Aurelia Metals
0.13
-0.02
-13.33%
MLXEF
Metals X Limited
0.35
0.07
25.00%
AU:SVM
Sovereign Metals Limited
0.66
0.00
0.00%
AU:MAU
Magnetic Resources NL
1.51
0.33
27.97%

Patriot Battery Metals Inc Shs Chess Depository Interests Repr 1 Sh Corporate Events

Patriot Battery Metals Advances Lithium Project and Forms Strategic Alliance with Volkswagen
Apr 22, 2025

Patriot Battery Metals Inc has made significant progress at its Shaakichiuwaanaan Lithium Project, despite challenging global lithium market conditions. The company has also formed a strategic investment and alliance with Volkswagen/PowerCo, enhancing its position in the lithium supply chain and unlocking value for stakeholders.

Patriot Battery Metals Strengthens Leadership with New COO Appointment
Apr 6, 2025

Patriot Battery Metals Inc. has announced the appointment of Frederic Mercier-Langevin as the new Chief Development/Operating Officer. With over 20 years of experience in mining, Mercier-Langevin will play a crucial role in advancing the Shaakichiuwaanaan Project, particularly in the completion of the Feasibility Study and Environmental and Social Impact Assessment. His expertise is expected to enhance the company’s executive team and contribute to the successful development of the project, solidifying Patriot’s position in the lithium exploration industry.

Patriot Battery Metals Reports Changes in Securities Issuance
Apr 3, 2025

Patriot Battery Metals Inc. announced a net decrease in the number of CHESS Depositary Interests (CDIs) issued over quoted securities for March 2025, with a reduction of over 10 million CDIs compared to the previous month. This change is attributed to the net transfers of securities between CDIs and ordinary shares, indicating a strategic adjustment in the company’s securities management. The announcement reflects the company’s ongoing efforts to optimize its securities portfolio, which may have implications for its market positioning and stakeholder interests.

Patriot Battery Metals Inc. Reports Change in Securities Issuance
Mar 4, 2025

Patriot Battery Metals Inc. has announced a net decrease in the number of CHESS Depositary Interests (CDIs) issued over quoted securities, with a reduction of 6,428,150 CDIs from the previous month. This change is attributed to the net transfer of securities between CDIs and ordinary shares, reflecting ongoing adjustments in the company’s capital structure. The announcement highlights the company’s active management of its securities, which could impact its market positioning and stakeholder interests.

Patriot Battery Metals Unveils Significant Cesium Discovery at Shaakichiuwaanaan
Mar 2, 2025

Patriot Battery Metals Inc. has announced the discovery of a large cesium zone at its Shaakichiuwaanaan Property, specifically within the CV13 Pegmatite. This discovery, characterized by significant cesium enrichment, presents a potential by-product opportunity alongside their primary lithium operations. The identification of pollucite as the main source of cesium suggests a promising avenue for enhancing the company’s resource portfolio, given the rarity and industrial value of cesium. This development could significantly impact the company’s market positioning and stakeholder value by diversifying its mineral offerings.

Patriot Battery Metals Completes Key Drilling Milestone at CV5 Pegmatite
Feb 28, 2025

Patriot Battery Metals Inc. has announced the completion of its extensive summer-fall 2024 in-fill drill program at the CV5 Spodumene Pegmatite, part of its Shaakichiuwaanaan Property. The program’s results, which include multiple wide, high-grade lithium intercepts, complete the dataset required for an upcoming Feasibility Study and maiden Ore Reserve, scheduled for Q3-2025. This milestone marks a significant step in upgrading the Mineral Resource to a higher confidence level, supporting the company’s goal to establish the largest hard rock lithium resource in the Americas. The completion of 793 drill holes over three years underscores the company’s commitment to advancing its project efficiently and on schedule.

Patriot Battery Metals Releases Interim Financial Statements
Feb 14, 2025

Patriot Battery Metals Inc. has released its unaudited condensed interim consolidated financial statements for the three and nine-month periods ended December 31, 2024, prepared in accordance with IFRS standards. The company emphasizes its commitment to maintaining strong internal controls and compliance with financial reporting standards, despite the absence of an independent auditor’s review, which may impact stakeholders’ confidence in the financial reporting.

Patriot Battery Metals Unveils Preliminary Economic Assessment for Shaakichiuwaanaan Lithium Project
Feb 13, 2025

Patriot Battery Metals Inc has released a Preliminary Economic Assessment (PEA) for its Shaakichiuwaanaan Project, which envisions the development of a concentrate processing facility on site. The study, while preliminary, suggests significant potential for lithium production, though it requires further exploration and a substantial investment of approximately $1.37 billion. The company’s strategic approach involves staged development and funding strategies, with potential financial contributions from strategic partnerships and equity financing, though uncertainties remain regarding the availability of necessary funding. This announcement underscores the company’s ambition to solidify its position in the North American lithium market, yet highlights the inherent risks and uncertainties in the project’s economic viability.

Patriot Battery Metals Launches 2025 Winter Drill Program at Shaakichiuwaanaan Property
Feb 9, 2025

Patriot Battery Metals Inc. has initiated its 2025 winter drill program at the Shaakichiuwaanaan Property, aiming to complete 15,000 meters of drilling by mid-April. The program’s primary objectives are to extend the high-grade Vega Zone, test the CV13 to CV5 pegmatite corridor, and conduct condemnation drilling to support the feasibility study at CV5 Pegmatite. The company is on track to release a feasibility study and maiden ore reserve estimate by the third quarter of 2025. These developments could enhance the company’s resource base and strengthen its position in the lithium pegmatite market, with potential implications for the company’s strategic growth and stakeholder interests.

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.Date of analysis: May 02, 2025