PolyMet Mining (TSE:POM) Share Price Crosses Below Two Hundred Day Moving Average of $3.29

Shares of PolyMet Mining Corp. (TSE:POMGet Rating) (NYSE:PLM) crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$3.29 and traded as low as C$2.18. PolyMet Mining shares last traded at C$2.18, with a volume of 6,700 shares trading hands.

PolyMet Mining Price Performance

The firm has a market cap of C$423.88 million, a price-to-earnings ratio of -5.74, a P/E/G ratio of -0.65 and a beta of 0.60. The company has a debt-to-equity ratio of 28.86, a quick ratio of 0.11 and a current ratio of 0.13. The business has a 50 day simple moving average of C$2.62 and a 200-day simple moving average of C$3.29.

PolyMet Mining (TSE:POMGet Rating) (NYSE:PLM) last released its quarterly earnings results on Thursday, March 23rd. The company reported C($0.11) earnings per share (EPS) for the quarter. Equities research analysts expect that PolyMet Mining Corp. will post -0.26 earnings per share for the current year.

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.

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