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Home CompaniesPatriot Battery Metals Inc

Patriot Battery Metals Inc

Basic Materials Other Industrial Metals & Mining
PortfolioPortfolio WatchlistWatchlist
Company price
0.33 AUD -0.01 ( 1.49%)
Last update at 2026-11-06T05:10:00Z
VOLUME
1647729
Market Cap
595.02M

Momentum Score

…

PMET Resources Inc. engages in the identification, acquisition of exploration, development, and evaluation of mineral properties in the United States and Canada. The company explores for gold, copper, silver, lithium, caesium, and tantalum deposits. Its flagship property is the Shaakichiuwaanaan project, comprising 463 claims totaling 23,710 hectares located in the Eeyou Istchee James Bay region of Québec, Canada. The company was formerly known as Patriot Battery Metals Inc. and changed its name to PMET Resources Inc. in September 2025. PMET Resources Inc. was incorporated in 2007 and is headquartered in Montreal, Canada.

Source: TradingView
The charts and visual representations are sourced from TradingView through embedded widgets. For any issues with chart display, please visit the TradingView website

Day Price Range
0.31
Low
0.33
High
52 Week Price Range
0.29
Low
0.82
High

Momentum Score

…
Loading momentum score…

A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

Patriot Battery Metals Inc explores and develops lithium deposits in Canada, including the Corvette Lake project, aiming to supply spodumene for the battery supply chain. Long-term growth drivers include rising EV and energy-storage demand and potential resource expansion from continued drilling, which may benefit investors seeking upstream battery-metal exposure.
Principal risks are exploration and development uncertainty, a non-producing asset requiring external funding, commodity price volatility, and permitting or infrastructure delays that could affect timelines.

Risk Score
High

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
0.34
Dividend Yield
-
Revenue TTM
0.00M
Revenue Per Share
-
Gross Profit TTM
0.00M
Debt / Equity
0.00
ROE
-3.04%
Net Debt
-174.72M
ROCE
-5.16%
Diluted EPS TTM
-0.01

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2026-03-31 2025-03-31 2024-03-31 2023-03-31 2022-03-31
Type yearly yearly yearly yearly yearly
Date 2026-03-31 2025-03-31 2024-03-31 2023-03-31 2022-03-31
Income before tax -8.15M 5.22M 12.61M -6.96M -3.88M
Net income -11.62M -6.30M 2.61M -10.12M -3.88M
Selling general administrative 21.26M 12.21M 11.48M 16.28M 3.92M
Selling and marketing expenses - 6.16M 8.31M 0.54M 0.23M
Gross profit -11.95M - -0.88M - -
Ebit -23.47M -18.38M 12.61M -6.88M -3.55M
Ebitda -11.51M -18.36M 13.49M -6.85M -3.55M
Depreciation and amortization 11.95M 0.02M 0.88M 0.02M 0.00M
Operating income -23.47M -18.38M -19.78M -6.88M -3.55M
Other operating expenses 23.47M 18.38M 19.78M 17.20M 4.15M
Interest expense 0.76M 0.34M 0.03M 0.09M 0.00M
Tax provision 3.31M 11.52M 10.01M 3.15M 0.00M
Interest income 2.55M 3.42M 4.73M 0.02M 0.00M
Net interest income 1.82M 3.08M 4.71M - -
Income tax expense 3.48M 11.52M 10.01M 3.15M 0.60M
Total revenue 0.00M 0.00M 0.00M 0.00M 0.00M
Total operating expenses 11.51M 18.38M 20.72M 17.20M 4.15M
Cost of revenue 11.95M - 0.88M - -
Total other income expense net 15.32M 23.60M 32.40M 10.30M 0.27M
Net income from continuing ops -11.06M -6.30M 2.61M - -
Net income applicable to common shares - -6.30M 2.61M -10.12M -3.88M
Breakdown 2026-03-31 2025-03-31 2024-03-31 2023-03-31 2022-03-31
Type yearly yearly yearly yearly yearly
Date 2026-03-31 2025-03-31 2024-03-31 2023-03-31 2022-03-31
Total assets 494.07M 366.63M 247.92M 107.72M 26.62M
Other current assets 1.38M - - - -
Total liab 66.85M 50.54M 44.70M 37.72M 2.76M
Total stockholder equity 427.22M 316.09M 203.22M 70.00M 23.86M
Other current liab 38.82M 10.75M - 31.14M 1.90M
Common stock 433.43M - 207.77M 77.97M 32.92M
Capital stock 431.56M 319.98M - - -
Retained earnings -37.80M -26.58M -20.28M -22.89M -12.77M
Cash 174.99M 101.17M 73.00M 56.72M 11.70M
Cash and equivalents - - - 56.72M 11.70M
Total current liabilities 38.96M 24.25M 30.56M 35.01M 2.76M
Net debt -174.72M - -72.64M -56.72M -11.70M
Short term debt 0.13M - 0.15M 0.00M 0.00M
Short long term debt total 0.27M - 0.36M - -
Other stockholder equity - - - - 0.25M
Property plant equipment - - - 46.86M 14.41M
Total current assets 193.13M 110.19M 83.66M 60.86M 12.21M
Long term investments 2.07M 0.50M - - -
Net receivables 16.76M - 9.96M 3.89M 0.48M
Accounts payable 11.86M 13.37M 30.41M 3.87M 0.86M
Accumulated other comprehensive income 31.58M - 15.72M 14.92M 3.46M
Non currrent assets other 250.49M - - - -
Non current assets total 300.94M 256.44M 164.25M 46.86M 14.41M
Capital lease obligations 0.27M 0.38M - - -
Long term debt total - - - 0.00M 0.00M
Breakdown 2026-03-31 2025-03-31 2024-03-31 2023-03-31 2022-03-31
Type yearly yearly yearly yearly yearly
Date 2026-03-31 2025-03-31 2024-03-31 2023-03-31 2022-03-31
Investments - -107.03M -91.67M - -
Total cashflows from investing activities -55.12M -107.03M -91.67M -27.69M -7.40M
Net borrowings -0.13M - - - -
Total cash from financing activities 139.82M 141.80M 124.12M 79.93M 22.07M
Net income -11.62M -6.30M 2.61M -10.12M -3.88M
Change in cash 66.69M 28.17M 16.28M 45.03M 11.55M
Begin period cash flow 108.29M 73.00M 56.72M 11.70M 0.15M
End period cash flow 174.99M 101.17M 73.00M 56.72M 11.70M
Total cash from operating activities -7.93M -6.61M -16.16M -7.21M -3.12M
Issuance of capital stock 138.09M 143.90M 108.99M - -
Depreciation 11.95M - 0.88M 0.02M 0.00M
Other cashflows from investing activities - -74.77M -53.29M - 0.00M
Change to account receivables 3.08M 2.61M -6.07M -3.39M -0.47M
Sale purchase of stock - 148.04M 127.90M 81.58M 21.93M
Other cashflows from financing activities -0.14M -1.85M 15.13M 6.11M 4.40M
Capital expenditures 0.62M 32.26M 38.38M 27.69M 7.40M
Change in working capital 5.21M 2.38M -3.55M -2.31M -0.55M
Stock based compensation 8.12M 7.66M 0.00M 12.37M 1.58M
Other non cash items -16.94M -21.88M -26.11M -10.32M -0.27M
Free cash flow -8.55M -38.87M -54.55M -34.90M -10.52M

Peer Comparison*

Sector: Basic Materials Industry: Other Industrial Metals & Mining

Stock Name
Change
(AUD)
Price
(AUD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to EBITDA (x)
PMT
Patriot Battery Metals Inc		 -0.01
1.49%		 0.33 - - - 1.29 885.42
BHP
BHP Group Ltd		 -1.38
2.34%		 57.62 20.70 15.82 5.10 4.00 6.71
RIO
Rio Tinto Ltd		 -3.11
2.03%		 149.93 14.04 12.02 4.03 2.49 6.74
GLC
Glencore Plc		 -0.52
5.20%		 9.48 15.15 11.30 0.38 1.95 7.60
FMG
Fortescue Ltd		 -0.31
2.00%		 15.18 11.31 13.61 2.81 1.51 4.32

Profile*

Patriot Battery Metals Inc

PMET Resources Inc. engages in the identification, acquisition of exploration, development, and evaluation of mineral properties in the United States and Canada. The company explores for gold, copper, silver, lithium, caesium, and tantalum deposits. Its flagship property is the Shaakichiuwaanaan project, comprising 463 claims totaling 23,710 hectares located in the Eeyou Istchee James Bay region of Québec, Canada. The company was formerly known as Patriot Battery Metals Inc. and changed its name to PMET Resources Inc. in September 2025. PMET Resources Inc. was incorporated in 2007 and is headquartered in Montreal, Canada.

1801, McGill College Avenue, Montreal, QC, Canada, H3A 1Z4

604 279 8709

https://www.pmet.ca

33

Name Title Year Born
Mr. David Blair Way B.Sc., FAusIIM, M.B.A. CEO, President & Director 1963
Ms. Natacha Garoute C.A., CPA, CA, CPA, L.L.B., LLB Chief Financial Officer NA
Mr. Darren L. Smith M.Sc, M.Sc., P.Geo., P.Geol. Vice President of Exploration 1979
Mr. Bradley Seward VP of Investor Relations NA
Ms. Alexandra Drapack M.B.A., P.Eng., P.M.P. Vice President of Environment, Social & Governance NA
Mr. Olivier Caza-Lapointe Head of Investor Relations for North America NA
Mr. David Blair Way B.Sc., FAusIIM, M.B.A. CEO, President & Director 1963
Ms. Natacha Garoute C.A., CPA, CA, CPA, L.L.B., LLB Chief Financial Officer NA
Mr. Darren L. Smith M.Sc, M.Sc., P.Geo., P.Geol. Vice President of Exploration 1979
Mr. Bradley Seward VP of Investor Relations NA

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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