Jun. 11 at 5:22 PM
$PMETF Patriot Battery Metals Maintained at Outperform With a
$7.00 Price Target at National Bank of Canada
MT Newswires - 11:34 AM ET 6/11/2025
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11:34 AM EDT, 06/11/2025 (MT Newswires) -- National Bank of Canada on Wednesday reiterated its outperform rating on the shares of Patriot Battery Metals ( PMETF ) and its
$7.00 price target.
Patriot on Tuesday confirmed pollucite as the principal mineral host for cesium, a critical mineral, at the Vega and Rigel zones of the CV13 pegmatite, which is located within the Shaakichiuwaanaan property in Quebec.
The company expects to publish an estimated cesium resource before the end of the third quarter, the bank said.
"Overall, with the current feasibility study focused on CV5 with a primary focus on lithium, the opportunity for cesium at CV13 presents a long-term economic upside as a byproduct," National Bank said.
