Shares of Patriot Battery Metals Inc (OTCMKTS:RGDCF – Get Free Report) were down 2.8% on Friday. The stock traded as low as C$2.30 and last traded at C$2.32. 120,649 shares traded hands during mid-day trading, a decline of 14% from the average daily volume of 139,788 shares. The stock had previously closed at C$2.39.
Patriot Battery Metals Stock Performance
The stock has a 50 day moving average price of C$3.11 and a two-hundred day moving average price of C$3.72.
About Patriot Battery Metals
Patriot Battery Metals Inc is a Canadian mineral exploration and development company focused on lithium and other critical minerals. The company’s primary asset is the Shaakichiuwaanaan Lithium Project, formerly known as the Corvette Project, located in the Eeyou Istchee James Bay region of Quebec, Canada.
Shaakichiuwaanaan is a large, wholly owned lithium pegmatite project containing spodumene-bearing pegmatite deposits. Patriot Battery Metals is conducting exploration, drilling, resource evaluation, metallurgical work and project-development studies to assess the potential for producing lithium-bearing materials used in electric vehicle batteries and energy-storage systems.
The company was previously known as Patriot Gold Mines Inc and adopted the Patriot Battery Metals name as its strategy shifted toward battery-metal exploration and development.
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