PolyMet Mining (TSE:POM) Share Price Passes Below 200 Day Moving Average of $3.80

PolyMet Mining Corp. (TSE:POM – Get Rating) (NYSE:PLM) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$3.80 and traded as low as C$3.22. PolyMet Mining shares last traded at C$3.26, with a volume of 22,617 shares.

PolyMet Mining Trading Down 2.4 %

The business’s 50 day simple moving average is C$3.46 and its two-hundred day simple moving average is C$3.80. The stock has a market cap of C$330.79 million, a P/E ratio of -108.67, a PEG ratio of -0.65 and a beta of 0.62. The company has a quick ratio of 0.11, a current ratio of 0.12 and a debt-to-equity ratio of 24.29.

About PolyMet Mining

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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.