PolyMet Mining (NYSE:PLM – Get Rating) was downgraded by StockNews.com from a “hold” rating to a “sell” rating in a research report issued on Thursday.
Shares of PolyMet Mining stock opened at $2.85 on Thursday. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.20 and a current ratio of 0.20. The firm has a market capitalization of $289.19 million, a price-to-earnings ratio of -14.25 and a beta of 0.73. The company has a fifty day moving average price of $3.36. PolyMet Mining has a fifty-two week low of $2.41 and a fifty-two week high of $4.79.
PolyMet Mining (NYSE:PLM – Get Rating) last announced its quarterly earnings data on Thursday, March 17th. The company reported ($0.03) earnings per share for the quarter.
PolyMet Mining Corp., through its subsidiary, Poly Met Mining, Inc, engages in the exploration and development of natural resource properties. Its primary mineral property is the NorthMet project, a polymetallic project that hosts copper, nickel, cobalt, gold, silver, and platinum group metal mineralization covering an area of approximately 4,300 acres located in northeastern Minnesota, the United States.
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