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

StockNews.com started coverage on shares of Polymet Mining (NYSE:PLM) in a research report sent to investors on Saturday morning. The brokerage issued a hold rating on the stock.

Polymet Mining Price Performance

Shares of Polymet Mining stock opened at $2.10 on Friday. The business’s fifty day simple moving average is $2.10. Polymet Mining has a twelve month low of $0.75 and a twelve month 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.