Patriot Battery Metals Inc. (OTCMKTS:PMETF) Short Interest Up 33.6% in April

Posted by Trent Williams on Apr 29th, 2024

Patriot Battery Metals Inc. (OTCMKTS:PMETF – Get Free Report) was the target of a significant increase in short interest in April. As of April 15th, there was short interest totalling 591,500 shares, an increase of 33.6% from the March 31st total of 442,700 shares. Based on an average daily volume of 53,500 shares, the short-interest ratio is presently 11.1 days.

Patriot Battery Metals Stock Performance

Patriot Battery Metals stock traded up C$0.08 during midday trading on Monday, hitting C$5.15. 26,959 shares of the stock were exchanged, compared to its average volume of 39,712. Patriot Battery Metals has a 1 year low of C$4.21 and a 1 year high of C$13.38. The company has a 50 day moving average price of C$5.72 and a two-hundred day moving average price of C$6.28.

Patriot Battery Metals Company Profile

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Patriot Battery Metals Inc engages in the identification, evaluation, acquisition, and exploration of mineral properties. The company primarily explores for gold, copper, silver, platinum, and lithium deposits. Its flagship properties include Corvette- FCI project comprising 417 claims totaling 21,357 hectares located in Quebec.