Polymet Mining (POM) Trading Down 10.7%

Polymet Mining Corp (TSE:POM) (NYSE:PLM) was down 10.7% during mid-day trading on Thursday . The stock traded as low as C$0.49 and last traded at C$0.50. Approximately 134,850 shares were traded during mid-day trading, an increase of 586% from the average daily volume of 19,653 shares. The stock had previously closed at C$0.56.

The firm has a market capitalization of $212.67 million and a PE ratio of -12.55. The company has a debt-to-equity ratio of 133.16, a quick ratio of 0.03 and a current ratio of 0.03.

Polymet Mining (TSE:POM) (NYSE:PLM) last released its earnings results on Friday, March 29th. The company reported C($0.01) earnings per share (EPS) for the quarter. As a group, equities analysts forecast that Polymet Mining Corp will post -0.0299999972727275 earnings per share for the current year.

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Polymet Mining Company Profile (TSE:POM)

PolyMet Mining Corp. explores for and develops natural resource properties. Its primary mineral property is the NorthMet project that includes NorthMet copper-nickel-precious metals ore body covering an area of approximately 4,300 acres located in northeastern Minnesota. The company was formerly known as Fleck Resources Ltd.

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