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

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

Polymet Mining Stock Performance

PLM opened at $2.10 on Friday. 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.

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.