Jul. 22 at 2:33 PM
$PMETF 11:13 AM EDT, 07/21/2025 (MT Newswires) -- National Bank of Canada on Monday maintained its outperform rating on the shares of Patriot Battery Metals ( PMETF ) while raising its price target to
$6.75 from
$6.00 after the company on the weekend released a mineral reserve estimate for its Shaakichiuwaanaan lithium project in northern Quebec
National Bank updated its model for Patriot after the company released a maiden resource estimate for caesium at the Rigel and Vega zones within the CV13 pegmatite at Shaakichiuwaanaan.
National Bank said the main resource with total contained caesium of 30,500 tonnes of cesium oxide in the indicated category and 40,800 tonnes of cesium oxide in the inferred category represents the world's largest pollucite-hosted caesium pegmatite deposits.