Breakdown | ||||
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
---|---|---|---|---|
Income Statement | Total Revenue | |||
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | Gross Profit |
-876.00K | -21.00K | 0.00 | 0.00 | 0.00 | EBIT |
-19.78M | -17.20M | -4.15M | -774.20K | -751.83K | EBITDA |
13.49M | -6.85M | -3.55M | -774.17K | -689.66K | Net Income Common Stockholders |
2.61M | -10.12M | -3.88M | -775.05K | -528.96K |
Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
73.00M | 56.72M | 11.70M | 149.55K | 255.89K | Total Assets |
247.92M | 107.72M | 26.62M | 4.37M | 2.95M | Total Debt |
365.00K | 0.00 | 0.00 | 40.00K | 0.00 | Net Debt |
-72.64M | -56.72M | -11.70M | -98.05K | -244.39K | Total Liabilities |
44.70M | 37.72M | 2.76M | 153.88K | 43.24K | Stockholders Equity |
203.22M | 70.00M | 23.86M | 4.21M | 2.91M |
Cash Flow | Free Cash Flow | |||
-54.55M | -34.90M | -10.52M | -1.28M | -951.43K | Operating Cash Flow |
-16.16M | -7.21M | -3.12M | -516.23K | -481.46K | Investing Cash Flow |
-91.67M | -27.69M | -7.40M | -760.54K | -375.45K | Financing Cash Flow |
124.12M | 79.93M | 22.07M | 1.17M | 414.36K |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
53 Neutral | $1.24B | ― | -40.19% | ― | 32.63% | -58.81% | |
49 Neutral | $1.93B | -1.47 | -21.02% | 3.74% | 0.80% | -29.57% | |
49 Neutral | $824.45M | ― | -4.13% | ― | ― | ― | |
41 Neutral | $91.50M | 8.92 | 13.24% | ― | ― | ― | |
38 Underperform | C$364.58M | 5,680.00 | -2.20% | ― | ― | -2226.67% | |
27 Underperform | C$2.79M | ― | -788.70% | ― | ― | 14.62% |
Patriot Battery Metals Inc. has announced progress in the permitting process for its Shaakichiuwaanaan Lithium Project. The company has successfully commenced the Federal permitting process by submitting its Initial Project Description to the Impact Assessment Agency of Canada, which has been accepted. This development aligns with the ongoing Provincial permitting process, aiming for Environmental and Social Impact Assessments submissions by late 2025. The project, supported by extensive environmental data and community consultations, is strategically positioned in the global lithium development pipeline, demonstrating the company’s commitment to a timely and efficient approval process.
Spark’s Take on TSE:PMET Stock
According to Spark, TipRanks’ AI Analyst, TSE:PMET is a Underperform.
Patriot Battery Metals Inc. presents a high-risk profile with financial difficulties due to zero revenue and ongoing losses, which severely impact its financial performance score. The technical indicators suggest weak short-term momentum, and the valuation is speculative due to negative earnings. However, positive corporate developments provide potential growth opportunities, somewhat offsetting the negatives. Overall, the stock is currently rated below average with significant room for improvement.
To see Spark’s full report on TSE:PMET stock, click here.
Patriot Battery Metals Inc. has confirmed a significant high-grade cesium discovery at its Shaakichiuwaanaan Property, potentially adding a valuable by-product to its world-class lithium project. The discovery, characterized by wide and well-mineralized drill intercepts, underscores the property’s potential as a top LCT pegmatite asset globally. This cesium find could enhance stakeholder value and complement the company’s core lithium operations, given cesium’s rarity and strategic importance in global markets.
Spark’s Take on AU:PMT Stock
According to Spark, TipRanks’ AI Analyst, AU:PMT is a Underperform.
Patriot Battery Metals Inc. presents a high-risk, high-reward profile typical of early-stage mining ventures. The substantial financial challenges due to zero revenue and ongoing losses are offset by a strong balance sheet and exciting strategic developments, including significant discoveries and strategic partnerships. While technical indicators suggest potential short-term momentum, the overall outlook remains cautious due to negative financial metrics and speculative valuation.
To see Spark’s full report on AU:PMT stock, click here.
Patriot Battery Metals Inc. announced the discovery of a new spodumene pegmatite cluster, named CV15, at its Shaakichiuwaanaan Property in Quebec. This discovery, part of the 2024 surface exploration campaign, extends the Mickel Trend to approximately 5.5 km and highlights the significant exploration potential of the property. The discovery includes high-grade lithium assays and suggests further opportunities for resource expansion, strengthening the company’s position in the lithium mining sector.
Patriot Battery Metals Inc. has provided an update on the progress of its Feasibility Study (FS) for the Shaakichiuwaanaan Property, targeting completion by September 2025. The FS is aligned with the previously published Preliminary Economic Assessment, focusing on Dense Media Separation processing and staged production growth. The company’s strong cash position, bolstered by a strategic investment from Volkswagen/PowerCo, supports ongoing project development and environmental approvals. This progress underscores the project’s strategic importance in North America’s lithium development landscape.