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 report released on Wednesday. The brokerage set a “hold” rating on the stock.

Polymet Mining Stock Down 0.5 %

NYSE PLM opened at $2.10 on Wednesday. Polymet Mining has a 52 week low of $0.75 and a 52 week 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.