Insiders buy as Patriot Battery Metals’ stock drops

As governments encourage the North American electric vehicle industry to be less dependent on China, we are watching for junior lithium miners to hit our INK Edge screens. Patriot Battery Metals PMET-X focused on its 100-per-cent-owned Corvette project in James Bay, Que., is near the top of our rankings. The stock has more than doubled over the past six months as drilling has extended the lithium pegmatite strike length from 1.4 kilometres to 2.2 kilometres. Meanwhile, four insiders spent a total of $135,364 to buy the stock’s pullback in October.

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Ted Dixon is CEO of INK Research which provides insider news and knowledge to investors. For more background on insider reporting in Canada, visit the FAQ section at www.inkresearch.com. Securities referenced in this profile may have already appeared in recent reports distributed to INK subscribers. INK staff may also hold a position in profiled securities.

Chart reflects public-market transactions of common shares or unit trusts by company officers and directors.

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