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

StockNews.com initiated coverage on shares of Polymet Mining (NYSE:PLM) in a research note released on Thursday morning. The brokerage issued a hold rating on the stock.

Polymet Mining Stock Performance

Shares of Polymet Mining stock opened at $2.10 on Thursday. Polymet Mining has a one year low of $0.75 and a one year high of $3.22. The company’s 50-day simple moving average is $2.10.

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.