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

Investment analysts at StockNews.com initiated coverage on shares of Polymet Mining (NYSE:PLM) in a research note issued to investors on Thursday. The firm set a “hold” rating on the stock.

Polymet Mining Stock Down 0.5 %

PLM opened at $2.10 on Thursday. The firm’s 50-day moving average is $2.10. Polymet Mining has a 52 week low of $0.75 and a 52 week high of $3.22.

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.