Daily Metals Mining Rundown for 13 May 2025 (intraday TSX)

Rundown of company announcements, valuations, and underlying metal prices, according to our compilation of publicly available information covering 9 important metals and more than 450 mining stocks, including mineral resource inventories, and including project NPV information for some 150+ developers.

Author

Host Rock Capital
May 13, 2025

Today’s metal price movements (over past ~23hrs) and mining company peer group movements through TSX trading (including earlier ASX movements) include:

Top and bottom 40 daily performing metals mining company stocks (out of 457 in our Peer Table) through TSX trading (including earlier ASX movements) include:

Coverage of metals mining company announcements incorporated into today’s intraday TSX Peer Table (resource updates, economic studies, changes in attributable project ownership) include:

  • 12 May 2025 - Lithium hard rock explorer Patriot Battery Metals (TSX:PMET) announced an updated consolidated resource estimate for its CV5 and CV13 spodumene pegmatite deposits at its 100%-owned Shaakichiuwaanaan project in Quebec. Most importantly, the update increased the indicated share of resources for both its CV5 and CV13 - by 30% and 306%, respectively - which bodes well for the upcoming maiden reserve in the impending feasibility study. Overall resources remained relatively unchanged at ~4.8 Mt LCE (grading relatively high for open pits in the 1.33-1.4% Li2O range), excluding tantalum and gallium credits, making Shaakachichiumwaanaan one of the largest lithium pegmatite (hard rock) projects in the world. PMET stock traded up +4.5% yesterday (12 May) following this news (vs. peer median down -0.6%), before trading down -3.4% intraday today (13 May) vs. group median flat +0%, to a market cap/t resource of US$55/t LCE ($16/oz AuEq) - which is in between our 14-company lithium hard rock explorer peer group median of $39/t LCE ($11.5/oz AuEq) and mean $89/t LCE ($26/oz AuEq)…and below our 14-company lithium hard rock developer peer group (where this top-of-its-class Li hard rock explorer stock is headed following upcoming feasibility study) median of US$63/t ($19/oz AuEq).

Disclaimer: Provided for informational and educational purposes, and is not intended as investment advice. For full disclosures, visit www.hostrockcapital.com/disclosures.