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

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

Polymet Mining Price Performance

Shares of PLM stock opened at $2.10 on Monday. The business’s 50-day moving average price is $2.10. Polymet Mining has a 12-month low of $0.75 and a 12-month high of $3.22.

About Polymet Mining

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.