PATRIOT BATTERY METALS INC (PMT)
Share Price Analysis and Chart

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PMT - PATRIOT BATTERY METALS INC

FNArena Sector : Mining
Year End: March
GICS Industry Group : Materials
Debt/EBITDA: -0
Index: ASX300 | ALL-ORDS

LAST PRICE CHANGE +/- CHANGE % VOLUME

$0.505

22 Jul
2024

-0.015

OPEN

$0.52

-2.88%

HIGH

$0.52

1,779,416

LOW

$0.50

TARGET
$1.263 150.0% upside
OTHER COMPANIES IN THE SAME SECTOR
5EA . AMN . APC . ARV . AZY . BML . CNB . COD . CXM . DRE . EM2 . G1A . HFR . KLL . KSN . LM8 . LRS . PEX . QML . RTR . S2R . S32 . SVY .
FNARENA'S MARKET CONSENSUS FORECASTS
PMT: 1
Title FY24
Forecast		 FY25
Forecast
EPS (cps) - 5.6 xxx
DPS (cps) 0.0 xxx
EPS Growth N/A xxx
DPS Growth N/A xxx
PE Ratio N/A xxx
Dividend Yield 0.0% xxx
Div Pay Ratio(%) N/A xxx
This company reports in CAD.
All estimates have been converted into AUD by FNArena at present FX values.

Dividend yield today if purchased 3 years ago: N/A

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 0.00

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages
HISTORICAL DATA ARE ALL IN AUD
Copyright © 2024 FactSet UK Limited. All rights reserved
Title 201920202021202220232024
EPS Basic xxxxxxxxxxxxxxx0.3
DPS All xxxxxxxxxxxxxxx0.0
Sales/Revenue xxxxxxxxxxxxxxx0.0 M
Book Value Per Share xxxxxxxxxxxxxxx17.0
Net Operating Cash Flow xxxxxxxxxxxxxxx-18.2 M
Net Profit Margin xxxxxxxxxxxxxxx-

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201920202021202220232024
Return on Capital Employed xxxxxxxxxxxxxxx1.91 %
Return on Invested Capital xxxxxxxxxxxxxxx1.91 %
Return on Assets xxxxxxxxxxxxxxx1.47 %
Return on Equity xxxxxxxxxxxxxxx1.91 %
Return on Total Capital xxxxxxxxxxxxxxx-15.83 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx-61.5 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 201920202021202220232024
Short-Term Debt xxxxxxxxxxxxxxx0 M
Long Term Debt xxxxxxxxxxxxxxx0 M
Total Debt xxxxxxxxxxxxxxx0 M
Goodwill - Gross xxxxxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxxxxx83 M
Price To Book Value xxxxxxxxxxxxxxx5.30

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201920202021202220232024
Capex xxxxxxxxxxxxxxx103.4 M
Capex % of Sales xxxxxxxxxxxxxxx-
Cost of Goods Sold xxxxxxxxxxxxxxx1 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx23 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx0 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

1.0

No. Of Recommendations

4
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Shaw and Partners

xx/xx/xxxx

1

xxx, xxxx xxxx

$xx.xx

xx.xx%

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Citi

xx/xx/xxxx

1

xxxxxxxxxx xx xxxxxxxx xxxx xxx

$xx.xx

xx.xx%

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UBS

28/06/2024

1

Buy

$1.00

98.02%

UBS believes lithium markets will remain "well-to-over supplied" and expect prices to remain lower for longer.

The broker has reduced lithium price forecasts by -10% and -7% for 2024 and 2025, respectively, alongside -4% in 2026 and -10% for 2027.

Compared to consensus UBS sits at -20% below market forecasts, and remains Underweight the sector with China/Africa supply additions and a lack of transparency in the market.

The rating is unchanged at Buy and the target price lowered to $1 from $1.30.

Macquarie

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

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EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

1

Please note: unlike Broker Call Report, BC Extra is not updated daily. The info you see might not be the latest. FNArena does its best to update ASAP.

BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Canaccord Genuity

15/07/2024

1

Speculative Buy

$1.70

236.63%

Patriot Battery Metals reported the final core assay results from its 2024 winter drill program at the CV13 spodumene extending the high-grade Vega Zone to approximately 380 metres.

Canaccord Genuity highlights Patriot found the highest grade to date and the summer-fall drill program has commenced, focusing on infill drilling at CV5 to upgrade resources for the Feasibility Study which is targeted for 2H2025.

An updated mineral resource estimate (MRE) for the Corvette project, including a maiden MRE for CV13, is expected in August 2024.

Canaccord Genuity points out the company's tier-1 quality asset and scale make it an attractive takeout target.

Speculative Buy rating and a $1.70 target retained.
Access Stockbroker Research History >

PMT STOCK CHART

FNArena News on PMT

1
Patriot Battery Minerals: The Long Game

Jul 22 2024 - Commodities
2
Australian Broker Call *Extra* Edition – Jul 15, 2024

Jul 15 2024 - Daily Market Reports
3
ESG Focus: Mine Safety, Water & Diversity

Jul 08 2024 - ESG Focus
4
Rudi’s View: Met Coal, Banks, GenAi & Buying-The-Dip

Jul 04 2024 - Rudi's View
5
Rudi’s View: Copper, Lithium, Retailers & TechnologyOne

Jun 27 2024 - Rudi's View

Latest Mining News

1
Patriot Battery Minerals: The Long Game

Jul 22 2024 - Commodities
2
Next Week At A Glance – 22-26 July 2024

Jul 19 2024 - Weekly Reports
3
Awaiting The Next Lithium Upswing

Jul 17 2024 - Feature Stories
4
Material Matters: Iron Ore, Gold & Coal

Jul 12 2024 - Commodities
5
Fortescue Shares Oversold

Jul 09 2024 - Technicals
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Bellevue Gold For Better Grades & Margins

Jul 08 2024 - Commodities
7
Is Gold Overvalued Or Is Silver Undervalued?

Jul 02 2024 - Commodities
8
Australian Broker Call *Extra* Edition – Jul 01, 2024

Jul 01 2024 - Daily Market Reports
9
Evolution Mining’s Spending Spree

Jun 28 2024 - Australia
10
Rudi’s View: Copper, Lithium, Retailers & TechnologyOne

Jun 27 2024 - Rudi's View