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

Patriot Battery Metals Inc. (OTCMKTS:PMETF) was the target of a significant increase in short interest in April. As of April 15th, there was short interest totalling 591,500 shares, an increase of 33.6% from the March 31st total of 442,700 shares. Based on an average trading volume of 53,500 shares, the short-interest ratio is presently 11.1 days.

Patriot Battery Metals Price Performance

PMETF opened at C$5.15 on Tuesday. The stock has a fifty day moving average price of C$5.71 and a 200 day moving average price of C$6.26. Patriot Battery Metals has a 1 year low of C$4.21 and a 1 year 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.