Polymet Mining Corp (TSE:POM) (NYSE:PLM)’s share price crossed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $0.58 and traded as low as $0.52. Polymet Mining shares last traded at $0.54, with a volume of 69,000 shares changing hands.
The business’s fifty day moving average is C$0.58. The company has a current ratio of 0.03, a quick ratio of 0.03 and a debt-to-equity ratio of 133.16. The stock has a market capitalization of $189.38 million and a PE ratio of -13.41.
Polymet Mining (TSE:POM) (NYSE:PLM) last posted its quarterly earnings results on Monday, May 13th. The company reported C($0.02) EPS for the quarter. Equities research analysts predict that Polymet Mining Corp will post -0.03 earnings per share for the current year.
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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