Polymet Mining Corp (NYSEAMERICAN:PLM) (TSE:POM) was the recipient of a significant growth in short interest in the month of December. As of December 31st, there was short interest totalling 1,698,730 shares, a growth of 9.2% from the December 14th total of 1,555,100 shares. Based on an average daily volume of 476,628 shares, the days-to-cover ratio is currently 3.6 days.
Shares of PLM opened at $0.78 on Friday. Polymet Mining has a 12-month low of $0.75 and a 12-month high of $1.36.
Polymet Mining (NYSEAMERICAN:PLM) (TSE:POM) last announced its quarterly earnings data on Tuesday, November 13th. The basic materials company reported ($0.01) earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of ($0.01).
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Polymet Mining Company Profile
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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