Patriot Battery Metals (PMET) has notable insider buying

Patriot Battery Metals (T:PMET)

Patriot Battery Metals Inc. (PMET) has a high amount of executive buying compared to its mid-cap peers over the past three months. Alexandra Drapack, a Senior Officer, acquired 7,000 Common Shares on a direct ownership basis at a price of $12.360 through the public market on January 25th, 2023. This represents a $86,520 investment into the company's shares and an account share holdings change of greater than 100%.

Patriot Battery Metals Inc. is a Canada-based mineral exploration company. The Company is focused on the acquisition and development of mineral properties containing a battery, base, and precious metals. The Company's properties include Corvette Property, Pontax Property, Lac Du Beryl Property, Eastmain Property and Hidden Lake Property. The Corvette Property is comprised of over 417 CDC mineral claims that cover an area of approximately 21,357 hectares (ha). The Pontax Lithium-Gold Property is located near Eastmain, Quebec and consists of over 80 claims totaling 4,257.2 ha. The Lac du Beryl Property is comprised of the original 18 claim blocks. The Eastmain Property consists of two claims blocks, totaling 13 claims and 686.5 ha. The Hidden Lake Property is located over 45 kilometers east of Yellowknife in the Northwest Territories, proximal to Highway 4, and consists of over five contiguous claims totaling over 1,660 hectares. Its properties also include Freeman Creek Property.