Polymet Mining Corp (PLM)

[Connsm]

Favorable Press Coverage Extremely Likely to Impact Polymet Mining Corp (PLM) Stock Price




Media headlines about Polymet Mining Corp (NYSE:PLM) (TSE:POM) have trended positive recently, according to Alpha One. The research group, a unit of Accern, identifies negative and positive press coverage by analyzing more than 20 million news and blog sources. Alpha One ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Polymet Mining Corp earned a media sentiment score of 0.30 on Alpha One’s scale. Alpha One also gave media stories about the basic materials company an impact score of 100 out of 100, meaning that recent press coverage is extremely likely to have an effect on the company’s share price in the near term.
Separately, Zacks Investment Research raised shares of Polymet Mining Corp from a “sell” rating to a “hold” rating in a research report on Thursday, February 9th.
Shares of Polymet Mining Corp (NYSE:PLM) traded down 3.98% on Thursday, hitting $0.70. 262,626 shares of the stock were exchanged. The stock’s market cap is $222.85 million. Polymet Mining Corp has a 1-year low of $0.69 and a 1-year high of $1.14. The stock’s 50-day moving average is $0.76 and its 200-day moving average is $0.80.