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

Equities research analysts at StockNews.com began coverage on shares of Polymet Mining (NYSE:PLM) in a research report issued on Monday. The brokerage set a “hold” rating on the stock.

Polymet Mining Trading Down 0.5 %

Shares of PLM stock opened at $2.10 on Monday. The firm has a 50 day moving average of $2.10. Polymet Mining has a twelve month low of $0.75 and a twelve month 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.