Polymet Mining (TSE:POM) Stock Crosses Above Fifty Day Moving Average of $0.46
Polymet Mining Corp (TSE:POM) (NYSE:PLM) passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $0.46 and traded as high as $0.46. Polymet Mining shares last traded at $0.44, with a volume of 3,500 shares changing hands.
The company’s fifty day moving average price is C$0.46 and its 200 day moving average price is C$0.59. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.62 and a current ratio of 0.73. The firm has a market capitalization of $442.25 million and a price-to-earnings ratio of -12.57.
About Polymet Mining (TSE:POM)
PolyMet Mining Corp. explores for and develops natural resource properties. Its primary mineral property is the NorthMet project that includes NorthMet copper-nickel-precious metals ore body covering an area of approximately 4,300 acres located in northeastern Minnesota. The company was formerly known as Fleck Resources Ltd.
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