Polymet Mining Corp (NYSEAMERICAN:PLM) (TSE:POM) was the recipient of a large increase in short interest in the month of October. As of October 31st, there was short interest totalling 1,482,296 shares, an increase of 1.9% from the October 15th total of 1,454,928 shares. Based on an average daily volume of 179,177 shares, the short-interest ratio is presently 8.3 days.
Shares of NYSEAMERICAN PLM opened at $0.90 on Friday. Polymet Mining has a 1-year low of $0.60 and a 1-year high of $1.36.
Polymet Mining (NYSEAMERICAN:PLM) (TSE:POM) last announced its earnings results on Thursday, August 9th. The basic materials company reported ($0.01) earnings per share for the quarter.
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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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