StockNews.com Initiates Coverage on Polymet Mining (NYSE:PLM)

Equities researchers at StockNews.com initiated coverage on shares of Polymet Mining (NYSE:PLM) in a report released on Tuesday. The firm set a “hold” rating on the stock.

Polymet Mining Stock Performance

PLM opened at $2.10 on Tuesday. Polymet Mining has a twelve month low of $0.75 and a twelve month high of $3.22. The company has a 50-day moving average of $2.10.

About Polymet Mining

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.