PolyMet Mining (NYSEAMERICAN:PLM) Shares Cross Above Two Hundred Day Moving Average – What’s Next?

PolyMet Mining Corp. (NYSEAMERICAN:PLM) (TSE:POM) shares passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $0.00 and traded as high as $2.11. PolyMet Mining shares last traded at $2.10, with a volume of 486,700 shares changing hands.

PolyMet Mining Stock Performance

The company has a market cap of $408.37 million, a P/E ratio of -9.13 and a beta of 0.52.

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, platinum, palladium, gold, and silver mineralization covering an area of approximately 5,980 acres located in northeastern Minnesota, the United States.