Short Interest in Patriot Battery Metals Inc. (OTCMKTS:PMETF) Decreases By 46.3%

Patriot Battery Metals Inc. (OTCMKTS:PMETF) saw a significant drop in short interest in the month of June. As of June 15th, there was short interest totaling 906,300 shares, a drop of 46.3% from the May 31st total of 1,687,177 shares. Based on an average daily volume of 47,501 shares, the short-interest ratio is presently 19.1 days.

Patriot Battery Metals Trading Up 2.4%

Shares of OTCMKTS PMETF traded up C$0.10 during midday trading on Thursday, reaching C$4.20. 5,528 shares of the stock were exchanged, compared to its average volume of 44,319. Patriot Battery Metals has a 12 month low of C$1.82 and a 12 month high of C$5.93. The business has a 50-day simple moving average of C$4.60 and a two-hundred day simple moving average of C$4.17.

Patriot Battery Metals Company Profile

Patriot Battery Metals Inc is a mineral exploration and development company focused on the discovery and advancement of battery‐grade lithium deposits in North America. The company’s flagship asset is the 100%‐owned Corvette Lithium Project, located near Chibougamau in the James Bay region of Quebec, Canada. Through ongoing exploration programs, Patriot Battery Metals aims to define and expand high‐grade lithium‐cesium‐tantalum (LCT) pegmatite mineralization that could supply critical raw materials to the growing electric vehicle and energy storage sectors.

The Corvette Lithium Project comprises several contiguous properties spanning over 10,000 hectares, including the North and South zones where extensive field work has identified multiple pegmatite swarms.