PolyMet Mining Corp. (NYSE:PLM – Get 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 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, gold, silver, and platinum group metal mineralization covering an area of approximately 4,300 acres located in northeastern Minnesota, the United States.
- Get a free copy of the StockNews.com research report on PolyMet Mining (PLM)
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