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Toronto Stock Exchange · Basic Materials

Invest in PMET Resources stock from India

Indian and foreign residents can buy PMET Resources (PMET) shares directly through Paasa.

By Paasa · Updated

PMET Resources at a glance

Price
CA$4.51+CA$0.00 (0.00%)
Market cap
CA$838.60M
Day range
CA$4.42 – CA$4.59
P/E
-69.49
Dividend yield
None
Volume
156.27K
1 month
-15.54%
6 months
+8.94%
YTD
-16.48%
1 year
+7.89%
5 years
+509.46%

Live chart and statistics

PMET Resources statements, FY2021–FY2025

Fiscal year20252024202320222021
RevenueCA$0.0CA$0.0CA$0.0CA$0.0CA$0.0
Gross profit−CA$11.4M−CA$6.1M−CA$876.0K−CA$21.0KCA$0.0
Operating income−CA$22.3M−CA$19.8M−CA$19.8M−CA$17.2M−CA$4.2M
Net income−CA$11.1M−CA$6.3MCA$2.6M−CA$10.1M−CA$3.9M
Earnings per share−CA$0.07−CA$0.04CA$0.02−CA$0.11−CA$0.05
EBITDA−CA$11.0MCA$11.6MCA$13.5M−CA$6.9M−CA$3.6M
Total assetsCA$491.9MCA$366.6MCA$247.9MCA$107.7MCA$26.6M
Total debtCA$267.0KCA$375.0KCA$365.0KCA$0.0CA$0.0
Cash and short-term investmentsCA$174.2MCA$101.2MCA$73.0MCA$56.7MCA$11.7M
Shareholders' equityCA$425.4MCA$316.1MCA$203.2MCA$70.0MCA$23.9M
Operating cash flow−CA$7.5M−CA$6.6M−CA$16.2M−CA$7.2M−CA$3.1M
Free cash flow−CA$8.1M−CA$38.9M−CA$54.5M−CA$34.9M−CA$10.5M
Capital expenditure−CA$592.0K−CA$32.3M−CA$38.4M−CA$27.7M−CA$7.4M

Fiscal years as reported, the latest ending 31 Mar 2026. Figures in CAD; a dash means the provider reported nothing for that line.

Peer comparison

CompanyTickerPriceMarket cap
NorthIsle Copper and GoldNCX.VCA$4.25CA$1.41B
Troilus MiningTLG.TOCA$2.16CA$1.14B
Aclara ResourcesARA.TOCA$3.68CA$892.18M
Western Copper and GoldWRN.TOCA$3.28CA$740.08M
Fireweed MetalsFWZ.VCA$3.07CA$696.76M
Freegold VenturesFVL.TOCA$1.15CA$664.36M
EMX RoyaltyEMX.VCA$5.70CA$622.13M
Prime MiningPRYM.TOCA$3.59CA$599.85M

Peers as grouped by the data provider. This is not an investment recommendation.

How to invest in PMET Resources from India

  1. Step 1

    Open your Paasa account

    KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.

  2. Step 2

    Add funds from your Indian bank account

    Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit, and Interactive Brokers converts the dollars to CAD when you buy.

  3. Step 3

    Search PMET and buy

    Find PMET Resources by name or by its ticker, PMET, and place your order.

Why invest in PMET Resources from India

What PMET Resources does

Patriot Battery Metals Inc. focuses on identifying, evaluating, acquiring, and exploring mineral properties, primarily seeking deposits of gold, copper, silver, platinum, and lithium. A key asset for the company is the Corvette-FCI project, an extensive site in Quebec that comprises 417 claims covering a total of 21,357 hectares. PMET Resources operates in the Other Precious Metals industry within the Basic Materials sector.

Paasa handles the paperwork

Investing abroad brings paperwork with it: remittance filings, capital gains reporting, foreign asset disclosure. Paasa prepares all of it for you. Your India-ready tax reports arrive at year end, ready to file.

Frequently asked questions

Can I buy PMET Resources stock from India?

Yes. Indian residents and NRIs can buy PMET Resources (PMET) shares directly through Paasa. PMET Resources is listed on the Toronto Stock Exchange, in the Other Precious Metals industry. Your money leaves India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name at Interactive Brokers.

What tax do I pay in India when I sell PMET Resources shares?

In India, gains on shares held for more than 24 months are long-term and taxed at 12.5%, and gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. Both are worked out in rupees at the CAD/INR rate on the day you bought and the day you sold, so the currency move is part of the gain. Paasa's capital-gains statement gives you the figures for your return.

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