PolyMet Mining (NYSEAMERICAN:PLM) Stock Passes Above 200-Day Moving Average – Here’s Why

PolyMet Mining Corp. (NYSEAMERICAN:PLMGet Free Report) (TSE:POM) passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $0.00 and traded as high as $2.11. PolyMet Mining shares last traded at $2.10, with a volume of 486,700 shares traded.

PolyMet Mining Price Performance

The stock has a market capitalization of $408.37 million, a price-to-earnings ratio of -9.13 and a beta of 0.52.

About PolyMet Mining

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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, platinum, palladium, gold, and silver mineralization covering an area of approximately 5,980 acres located in northeastern Minnesota, the United States.

Further Reading

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