Want to see AU:PMT full AI Analyst Report?
Top Page
Patriot Battery Metals Inc Shs Chess Depository Interests Repr 1 Sh
(Sydney:PMT)
Select Model
Select Model
Rating:47Neutral
Price Target:
AU$0.35
▼(-35.19% Downside)
Action:Reiterated
Date:10/15/26
The score is held down primarily by weak financial performance (pre-revenue, persistent losses, and ongoing cash burn) and bearish technical conditions (price below all key moving averages with negative MACD). A strong, low-leverage balance sheet helps mitigate solvency risk, but valuation remains difficult to anchor due to negative earnings and no dividend support.
Positive Factors
Low leverage
Extremely low leverage reduces solvency pressure while the company funds exploration and development. A large equity base relative to debt provides financial resilience, limits interest obligations, and preserves flexibility to continue advancing mineral assets through uncertain project timelines.
Negative Factors
Pre-revenue profile
Patriot has not yet established a commercial revenue stream, leaving its financial profile dependent on exploration success and future project advancement. Without sales, the company cannot currently fund operations through internally generated operating income or demonstrate recurring commercial demand.
Read all positive and negative factors
Positive Factors
Negative Factors
Low leverage
Extremely low leverage reduces solvency pressure while the company funds exploration and development. A large equity base relative to debt provides financial resilience, limits interest obligations, and preserves flexibility to continue advancing mineral assets through uncertain project timelines.
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$602.34M
Dividend YieldN/A
Average Volume (3M)2.46M
Price to Earnings (P/E)―
Beta (1Y)1.05
Revenue GrowthN/A
EPS Growth-97.14%
CountryAU
Employees33
SectorBasic Materials
Sector Strength58
IndustryOther Precious Metals
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding1,859,428,000
10 Day Avg. Volume3,255,699
30 Day Avg. Volume2,456,906
Financial Highlights & Ratios
PEG Ratio0.75
Price to Book (P/B)1.71
Price to Sales (P/S)0.00
P/FCF Ratio-85.29
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 Upside48.15% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
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. focuses on discovering, evaluating, securing, and developing sites rich in minerals. The firm's main exploration efforts are directed towards deposits containing gold, copper, silver, platinum, and lithium. A key asset ...
How the Company Makes Money
Patriot Battery Metals Inc. is primarily an exploration-stage company, and specific, recurring operating revenue streams from product sales are not publicly indicated in the information available for this request; accordingly, revenue from commerc...
Patriot Battery Metals Inc Shs Chess Depository Interests Repr 1 Sh Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
72
Positive
Cash Flow
24
Negative
| Breakdown | TTM | Mar 2025 | Mar 2024 | Jun 2023 | Mar 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -251.37K | -11.95M | 0.00 | -876.00K | -21.00K | 0.00 |
| EBITDA | -14.52M | -11.51M | -12.13M | 13.49M | -16.15M | -3.55M |
| Net Income | -11.53M | -11.62M | -6.30M | 2.61M | -10.12M | -3.88M |
Balance Sheet | ||||||
| Total Assets | 502.51M | 494.07M | 366.63M | 247.92M | 107.72M | 26.62M |
| Cash, Cash Equivalents and Short-Term Investments | 179.77M | 174.99M | 101.17M | 73.00M | 56.72M | 11.70M |
| Total Debt | 239.27K | 268.16K | 375.00K | 365.00K | 0.00 | 0.00 |
| Total Liabilities | 63.14M | 66.85M | 50.54M | 44.70M | 37.72M | 2.76M |
| Stockholders Equity | 439.38M | 427.22M | 316.09M | 203.22M | 70.00M | 23.86M |
Cash Flow | ||||||
| Free Cash Flow | -3.58M | -8.55M | -38.87M | -54.55M | -34.90M | -10.52M |
| Operating Cash Flow | -2.78M | -7.93M | -6.61M | -16.16M | -7.21M | -3.12M |
| Investing Cash Flow | -47.10M | -55.12M | -107.03M | -91.67M | -27.69M | -7.40M |
| Financing Cash Flow | 150.15M | 139.82M | 141.80M | 124.12M | 79.93M | 22.07M |
Patriot Battery Metals Inc Shs Chess Depository Interests Repr 1 Sh Technical Analysis
Negative
0.54
Price Trends
0.43
Negative
0.48
Negative
0.54
Negative
Market Momentum
-0.04
Positive
29.05
Positive
15.89
Positive
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 0.54 is above the 20-day moving average (MA) of 0.38, above the 50-day MA of 0.43, and below the 200-day MA of 0.54, indicating a bearish trend. The MACD of -0.04 indicates Positive momentum. The RSI at 29.05 is Positive, neither overbought nor oversold. The STOCH value of 15.89 is Positive, 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
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
56 Neutral | AU$636.00M | 0.60 | 78.56% | ― | ― | ― | |
47 Neutral | AU$602.34M | -49.15 | -3.06% | ― | ― | -97.14% | |
44 Neutral | AU$663.54M | -20.41 | -8.08% | 2.98% | ― | 10.09% | |
43 Neutral | AU$70.84M | -2.80 | -16.39% | ― | ― | 6.19% | |
43 Neutral | AU$721.26M | -20.08 | -16.16% | ― | ― | -135.00% | |
42 Neutral | AU$548.07M | -2.48 | -7.06% | ― | -33.21% | -21.79% |
* Basic Materials Sector Average
AU:PMT
Patriot Battery Metals Inc Shs Chess Depository Interests Repr 1 Sh
0.33
-0.05
-14.47%
AU:CXO
Core Lithium Ltd
0.21
0.09
86.36%
AU:LKE
Lake Resources N.L.
0.03
>-0.01
-12.12%
AU:EUR
European Lithium
0.37
0.13
55.32%
AU:LIN
Lindian Resources Limited
0.39
0.09
27.87%
AU:VUL
Vulcan Energy Resources Ltd.
1.15
-3.81
-76.88%
Patriot Battery Metals Inc Shs Chess Depository Interests Repr 1 Sh Corporate Events
PMET Signs LOI with Matagami to Advance Rail Link for Quebec Lithium Project
Oct 4, 2026
PMET Resources has signed a Letter of Intent with the City of Matagami to enable the transshipment of spodumene concentrate from its Shaakichiuwaanaan lithium project by trucking material to Matagami’s yard for loading onto rail to port. The...
PMET Resources Tightens ASX–TSX Capital Alignment as CDI Count Rises
Oct 2, 2026
PMET Resources Inc. has reported an increase in CHESS Depositary Interests on issue for September 2026, with CDIs rising to 688,544,140 from 683,328,020 the previous month, driven by net transfers between CDIs and ordinary shares quoted or held on...
Patriot Battery Metals Showcases Strategic Advantages of Shaakichiuwaanaan Critical Minerals Project
Sep 20, 2026
Patriot Battery Metals Inc. highlighted the strategic advantages of its Shaakichiuwaanaan lithium-caesium-tantalum pegmatite project, emphasizing its scale, grade, and the use of simple processing techniques. Situated in a mature mining region wit...
PMET Resources’ Shaakichiuwaanaan Lithium Project Showcased at Canada Investment Summit
Sep 14, 2026
PMET Resources has been invited to participate in the inaugural Canada Investment Summit in Toronto, with its 100%-owned Shaakichiuwaanaan Project featured in the government’s investment prospectus. The project is positioned as a globally si...
PMET Resources Reports August Increase in CHESS Depositary Interests
Sep 2, 2026
PMET Resources Inc. reported an increase in CHESS Depositary Interests on issue for August 2026, with CDIs rising to 683,328,020 from 679,971,420, driven by net transfers between CDIs and ordinary shares listed on the TSX. Over the same period, or...
PMET Resources Sets AGM and Streamlines CDI Voting Procedures
Aug 28, 2026
PMET Resources Inc. has scheduled its Annual General Meeting of shareholders, including Chess Depository Interest holders, for 29 September 2026, offering both an in-person venue in Montreal and a virtual attendance option. The company is shifting...
PMET Resources Details Oversight of Unaudited Interim Financials
Aug 14, 2026
PMET Resources Inc., also known as Patriot Battery Metals Inc., operates in the battery metals and mining sector, focusing on the exploration and development of resources critical to the energy transition. The company is governed by a Board of Dir...
PMET Resources Adjusts CDI Balance Amid Cross-Market Share Transfers
Aug 4, 2026
PMET Resources Inc. reported an increase in CHESS Depositary Interests on issue for July 2026, with CDIs over its quoted securities rising to 679,971,420 from 675,186,920. The change stems from net transfers between CDIs and ordinary shares held o...
Patriot Battery Metals Sets Indigenous Engagement Framework for Quebec Lithium Project
Jul 22, 2026
Patriot Battery Metals has signed a non-binding Letter of Intent with the Cree Nation of Chisasibi to create a structured framework for engagement around its Shaakichiuwaanaan lithium project in northern Quebec. The agreement emphasizes transparen...
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.