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

Patriot Battery Metals Inc. (OTCMKTS:PMETF) was the target of a significant decrease in short interest during the month of September. As of September 15th, there was short interest totalling 808,200 shares, a decrease of 27.5% from the August 31st total of 1,115,300 shares. Based on an average daily volume of 69,300 shares, the days-to-cover ratio is presently 11.7 days.

Patriot Battery Metals Price Performance

OTCMKTS PMETF traded up C$0.14 during trading on Friday, hitting C$2.93. 22,348 shares of the company’s stock traded hands, compared to its average volume of 34,479. Patriot Battery Metals has a 12-month low of C$1.75 and a 12-month high of C$8.26. The business has a 50 day moving average of C$3.02 and a 200-day moving average of C$4.44.

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.