PolyMet Mining Corp. (NYSE:PLM) has a beta value of 1.1 and has seen 1,348,028 shares traded in the recent trading session. The company, currently valued at $486.48 Million, closed the recent trade at $0.48 per share which meant it lost -$0.01 on the day or -0.72% during that session. The PLM stock price is -102.08% off its 52-week high price of $0.97 and 68.75% above the 52-week low of $0.15. If we look at the company’s 10-day average daily trading volume, we find that it stood at 5.8 Million shares traded. The 3-month trading volume is 12.05 Million shares.
The consensus among analysts is that PolyMet Mining Corp. (PLM) is a Buy stock at the moment, with a recommendation rating of 2. None of the analysts rate the stock as a Sell, while none rate it as Overweight. None out of 1 have rated it as a Hold, with 1 advising it as a Buy. None have rated the stock as Underweight. The expected earnings per share for the stock is -$0.01.
PolyMet Mining Corp. (NYSE:PLM) trade information
Despite being -0.72% in the red today, the stock has traded in the green over the last five days, with the highest price hit on Thursday, Aug 06 when the PLM stock price touched $0.5198 or saw a rise of 6.69%. Year-to-date, PolyMet Mining Corp. shares have moved 90.57%, while the 5-day performance has seen it change 3.92%. Over the past 30 days, the shares of PolyMet Mining Corp. (NYSE:PLM) have changed 12.63%. Short interest in the company has seen 1.47 Million shares shorted with days to cover at 0.12.
Wall Street analysts have a consensus price target for the stock at $1.5, which means that the shares’ value could jump 212.5% from current levels. The projected low price target is $1.5 while the price target rests at a high of $1.5. In that case, then, we find that the current price level is +212.5% off the targeted high while a plunge would see the stock lose 212.5% from current levels.
PolyMet Mining Corp. (PLM) estimates and forecasts
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -26.7% over the past 5 years. Earnings growth for 2020 is a modest -83.5% while over the next 5 years, the company’s earnings are expected to increase by 20%.