PolyMet Mining (NYSE:PLM) Stock Price Down 0.3%

PolyMet Mining Corp. (NYSE:PLMGet Rating) fell 0.3% during mid-day trading on Tuesday . The company traded as low as $2.90 and last traded at $2.96. 32,418 shares were traded during mid-day trading, a decline of 91% from the average session volume of 343,146 shares. The stock had previously closed at $2.97.

Analysts Set New Price Targets

Separately, StockNews.com cut shares of PolyMet Mining from a “hold” rating to a “sell” rating in a research report on Thursday, May 19th.

PolyMet Mining Stock Down 2.7 %

The business’s fifty day moving average is $2.83. The company has a market cap of $295.28 million, a price-to-earnings ratio of -14.95 and a beta of 0.70.

PolyMet Mining (NYSE:PLMGet Rating) last announced its earnings results on Thursday, May 12th. The company reported ($0.08) earnings per share (EPS) for the quarter.

PolyMet Mining Company Profile

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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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