Patriot Battery Metals Inc. (OTCMKTS:PMETF – Get Rating) saw a significant increase in short interest in January. As of January 31st, there was short interest totalling 191,200 shares, an increase of 114.1% from the January 15th total of 89,300 shares. Based on an average daily trading volume, of 306,600 shares, the short-interest ratio is currently 0.6 days.

Patriot Battery Metals Stock Performance

OTCMKTS PMETF opened at C$11.60 on Monday. Patriot Battery Metals has a twelve month low of C$0.43 and a twelve month high of C$13.09. The firm's fifty day moving average price is C$7.16.

Wall Street Analyst Weigh In

A number of research analysts recently commented on PMETF shares. Stifel Nicolaus assumed coverage on Patriot Battery Metals in a research report on Wednesday, November 30th. They issued a "buy" rating on the stock. Canaccord Genuity Group initiated coverage on Patriot Battery Metals in a research report on Monday, October 17th. They set a "buy" rating for the company.

About Patriot Battery Metals

Patriot Battery Metals, Inc is a mineral exploration company, which focuses on the acquisition and development of mineral projects containing battery, base and precious metals. Its properties includes Corvette, Hidden Lake, Eastmain, Lac Du Beryl, and Pontax. The company was founded on May 10, 2007 and is headquartered in Vancouver, Canada.

Further Reading

• Get a free copy of the StockNews.com research report on Patriot Battery Metals (PMETF)
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