Polymet Mining (NYSE:PLM) Now Covered by StockNews.com

StockNews.com assumed coverage on shares of Polymet Mining (NYSE:PLM) in a research report issued to clients and investors on Friday. The brokerage set a “hold” rating on the stock.

Polymet Mining Stock Performance

Shares of PLM stock opened at $2.10 on Friday. Polymet Mining has a fifty-two week low of $0.75 and a fifty-two week high of $3.22. The firm has a fifty day simple 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.