PolyMet Mining (NYSEAMERICAN:PLM) Stock Crosses Above 200 Day Moving Average – Should You Sell?

PolyMet Mining Corp. (NYSEAMERICAN:PLMGet Free Report) (TSE:POM) crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $2.10 and traded as high as $2.11. PolyMet Mining shares last traded at $2.10, with a volume of 486,700 shares.

PolyMet Mining Price Performance

The company has a market cap of $408.37 million, a P/E ratio of -9.13 and a beta of 0.52. The business’s 50 day moving average price is $2.10 and its 200-day moving average price is $2.10.

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

Further Reading

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