PolyMet Mining (NYSEAMERICAN:PLM) Stock Price Crosses Above 200 Day Moving Average of $0.00

Shares of PolyMet Mining Corp. (NYSEAMERICAN:PLMGet Free Report) (TSE:POM) crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $0.00 and traded as high as $2.11. PolyMet Mining shares last traded at $2.10, with a volume of 486,700 shares.

PolyMet Mining Trading Down 0.5 %

The company has a market cap of $408.37 million, a P/E ratio of -9.13 and a beta of 0.52.

Institutional Trading of PolyMet Mining

Several hedge funds have recently added to or reduced their stakes in the business. SG Americas Securities LLC bought a new position in shares of PolyMet Mining in the third quarter worth approximately $30,000. Skandinaviska Enskilda Banken AB publ purchased a new position in shares of PolyMet Mining in the third quarter valued at about $88,000. Barclays PLC increased its position in shares of PolyMet Mining by 26.8% in the third quarter. Barclays PLC now owns 97,053 shares of the basic materials company’s stock valued at $203,000 after acquiring an additional 20,527 shares during the period. Gamco Investors INC. ET AL purchased a new stake in shares of PolyMet Mining during the third quarter worth about $322,000. Finally, Wolverine Asset Management LLC bought a new stake in shares of PolyMet Mining in the third quarter worth about $405,000. 3.09% of the stock is owned by institutional investors.

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.

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