Patriot Battery Metals Inc. (OTCMKTS:PMETF) Sees Significant Increase in Short Interest

Patriot Battery Metals Inc. (OTCMKTS:PMETF) was the recipient of a large growth in short interest during the month of April. As of April 15th, there was short interest totalling 591,500 shares, a growth 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 currently 11.1 days.

Patriot Battery Metals Price Performance

Patriot Battery Metals stock traded up C$0.08 during trading hours on Monday, hitting C$5.15. 26,959 shares of the stock were exchanged, compared to its average volume of 39,712. The business’s 50-day moving average is C$5.72 and its two-hundred day moving average is C$6.28. Patriot Battery Metals has a 12 month low of C$4.21 and a 12 month high of C$13.38.

Patriot Battery Metals Company Profile

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.