Streetbeat News

PMETF

Patriot Battery Metals Inc

http://www.92resources.com/

CEO

Adrian Lamoureux

Industry

Crushed and Broken Limestone Mining and Quarrying

Open

1.96

Mkt cap

273M

Volume

2.4K

High

1.96

P/E Ratio

193.00

52-wk high

3.77

Low

1.93

Div yield

N/A

52-wk low

1.65

Patriot Battery Metals has announced significant drilling results at the CV13 site, expanding the high-grade Vega Zone with notable lithium oxide concentrations. This development could impact the company's stock performance.

Portfolio Pulse from

December 11, 2024 | 10:15 pm

Patriot has completed a successful in-fill and development drill program at the CV5 Deposit, achieving high-grade mineralized intercepts. This supports the ongoing Feasibility Study, with no further in-fill drilling needed to upgrade resources.

Portfolio Pulse from

November 27, 2024 | 1:00 am

Volatility in lithium pricing in China is attracting retail investors to mining companies, according to Patriot Battery Metals CEO Ken Brinsden. The Chinese market's sensitivity to price over quality fosters spot market transactions, increasing volatility. This benefits day traders but complicates capital costs for producers. South Korean and Japanese buyers prefer long-term contracts, offering more stability. Patriot Battery Metals is developing a significant lithium property in Quebec.

Portfolio Pulse from Matt Whittaker

June 25, 2024 | 12:20 pm

Albemarle Corporation (ALB) has increased its bid to acquire all outstanding shares of Liontown Resources Ltd. (LINRF) for $4.32 billion. The previous offer, made in March, valued Liontown at $3.4 billion. The companies will now enter into a non-disclosure and exclusivity agreement. Albemarle also announced the closing of its C$109 million investment with Patriot Battery Metals Inc (PMETF).

Portfolio Pulse from Nabaparna Bhattacharya

September 04, 2023 | 3:01 pm

Albemarle Corporation's shares are trading lower despite beating earnings per share estimates and providing strong 2023 guidance. The company also announced the closing of its C$109 million investment with Patriot Battery Metals, now owning approximately 4.9% of Patriot's shares. Credit Suisse analyst John Roberts maintained Albemarle with an Underperform and raised the price target from $163 to $185.

Portfolio Pulse from Ryan Gustafson

August 04, 2023 | 2:16 pm

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