Polymet Mining (TSE:POM) Shares Pass Above 50-Day Moving Average of $0.46

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Polymet Mining Corp (TSE:POM) (NYSE:PLM) shares crossed above its 50-day moving average during trading on Thursday . The stock has a 50-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.

The company has a current ratio of 0.73, a quick ratio of 0.62 and a debt-to-equity ratio of 0.15. The stock has a market capitalization of $442.25 million and a PE ratio of -12.57. The stock’s fifty day simple moving average is C$0.45 and its 200-day simple moving average is C$0.58.

Polymet Mining Company Profile (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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