Polymet Mining (NYSE:PLM) Coverage Initiated at StockNews.com

Research analysts at StockNews.com initiated coverage on shares of Polymet Mining (NYSE:PLM) in a report issued on Monday. The firm set a “hold” rating on the stock.

Polymet Mining Trading Down 0.5 %

Shares of PLM stock opened at $2.10 on Monday. The company has a fifty day moving average of $2.10. Polymet Mining has a one year low of $0.75 and a one year high of $3.22.

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.