Stock analysts at StockNews.com assumed coverage on shares of PolyMet Mining (NYSEAMERICAN:PLM – Get Free Report) (TSE:POM) in a research note issued to investors on Friday. The firm set a “hold” rating on the basic materials company’s stock.
PolyMet Mining Price Performance
Shares of NYSEAMERICAN PLM opened at $2.09 on Friday. PolyMet Mining has a fifty-two week low of $0.75 and a fifty-two week high of $3.43. The firm has a market cap of $405.41 million, a price-to-earnings ratio of -9.06 and a beta of 0.55. The stock’s 50-day simple moving average is $2.03.
PolyMet Mining (NYSEAMERICAN:PLM – Get Free Report) (TSE:POM) last released its quarterly earnings results on Thursday, August 10th. The basic materials company reported ($0.02) earnings per share (EPS) for the quarter.
Institutional Inflows and Outflows
PolyMet Mining Company Profile
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, platinum, palladium, gold, and silver mineralization covering an area of approximately 5,980 acres located in northeastern Minnesota, the United States.
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