Patriot Battery Metals Inc.

Patriot Battery Metals Inc.verified

PMET.V

Price:

$6.88

Market Cap:

$478.49M

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. The company was formerly known as Gaia Metals Corp. and changed its name to Patriot Battery Metals Inc. in June 2021. Patriot Battery Metals Inc. was incorporated in 2007 and is headquartered in Vancouver, Canada.[Read more]

Industry

Industrial Materials

IPO Date

2014-08-26

Stock Exchange

TSXV

Ticker

PMET.V

The Current Ratio as of November 2024 (TTM) for Patriot Battery Metals Inc. (PMET.V) is 2.29

According to Patriot Battery Metals Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 2.29. This represents a change of -34.87% compared to the average of 3.52 of the last 4 quarters.

Patriot Battery Metals Inc. (PMET.V) Historical Current Ratio (quarterly & annually)

How has PMET.V Current Ratio performed in the past?

The mean historical Current Ratio of Patriot Battery Metals Inc. over the last ten years is 4.90. The current 2.29 Current Ratio has changed 4.58% with respect to the historical average. Over the past ten years (40 quarters), PMET.V's Current Ratio was at its highest in in the September 2021 quarter at 29.08. The Current Ratio was at its lowest in in the June 2023 quarter at 1.42.

Quarterly (TTM)
Annual

Average

4.90

Median

3.58

Minimum

1.04

Maximum

13.28

Patriot Battery Metals Inc. (PMET.V) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Patriot Battery Metals Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 326.51%

Maximum Annual Current Ratio = 13.28

Minimum Annual Increase = -84.10%

Minimum Annual Current Ratio = 1.04

Quarterly (TTM)
Annual
YearCurrent RatioChange
20242.7457.49%
20231.74-60.74%
20224.43326.51%
20211.04-84.10%
20206.53143.69%
20192.68-60.38%
20186.76-49.08%

Patriot Battery Metals Inc. (PMET.V) Average Current Ratio

How has PMET.V Current Ratio performed in the past?

The current Current Ratio of Patriot Battery Metals Inc. (PMET.V) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

2.97

5-year avg

3.29

10-year avg

4.90

Patriot Battery Metals Inc. (PMET.V) Current Ratio vs. Peers

How is PMET.V’s Current Ratio compared to its peers?

Patriot Battery Metals Inc.’s Current Ratio is less than Brunswick Exploration Inc. (7.42), greater than Sigma Lithium Corporation (1.05), greater than Lithium Ionic Corp. (1.38), less than Frontier Lithium Inc. (4.62), less than Critical Elements Lithium Corporation (16.71),

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Frequently asked questions❓

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