Polymet Mining Corp

Company Profile

Polymet Mining Corp had its IPO on 2000-10-12 under the ticker symbol PLM.

The company operates in the Basic Materials sector and Other Industrial Metals & Mining industry. Polymet Mining Corp has a staff strength of 0 employees.

Stock update

Shares of Polymet Mining Corp opened at $2.08 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $2.08 - $2.1, and closed at $2.1.

This is a +0.48% increase from the previous day's closing price.

A total volume of 96,745 shares were traded at the close of the day’s session.

In the last one week, shares of Polymet Mining Corp have increased by +0.48%.

Polymet Mining Corp's Key Ratios

Polymet Mining Corp has a market cap of $406.42 million, indicating a price to book ratio of 0.8374 and a price to sales ratio of 0.

In the last 12-months Polymet Mining Corp’s revenue was $0 with a gross profit of $-3970000 and an EBITDA of $-15038000. The EBITDA ratio measures Polymet Mining Corp's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Polymet Mining Corp’s operating margin was 0% while its return on assets stood at -2.08% with a return of equity of -5.88%.

In Q2, Polymet Mining Corp’s quarterly earnings growth was a positive 0% while revenue growth was a positive 0%.

Polymet Mining Corp’s PE and PEG Ratio

Forward PE

0.5637

Trailing PE

0

PEG

-0.99

Its diluted EPS in the last 12-months stands at $-0.19 per share while it has a forward price to earnings multiple of 0.5637 and a PEG multiple of -0.99. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Polymet Mining Corp’s profitability.

Polymet Mining Corp stock is trading at a EV to sales ratio of 0 and a EV to EBITDA ratio of -17.4726. Its price to sales ratio in the trailing 12-months stood at 0.

Polymet Mining Corp stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$546.08 million

Total Liabilities

$4.83 million

Operating Cash Flow

$-75543000.00

Capital Expenditure

$1.96 million

Dividend Payout Ratio

0%

Polymet Mining Corp ended 2024 with $546.08 million in total assets and $0 in total liabilities. Its intangible assets were valued at $546.08 million while shareholder equity stood at $508.46 million.

Polymet Mining Corp ended 2024 with $0 in deferred long-term liabilities, $4.83 million in other current liabilities, 720173000.00 in common stock, $-287167000.00 in retained earnings and $0 in goodwill. Its cash balance stood at $14.09 million and cash and short-term investments were $14.09 million. The company’s total short-term debt was $67,000 while long-term debt stood at $0.

Polymet Mining Corp’s total current assets stands at $97.14 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $327000.00 compared to accounts payable of $0 and inventory worth $0.

In 2024, Polymet Mining Corp's operating cash flow was $-75543000.00 while its capital expenditure stood at $1.96 million.

Comparatively, Polymet Mining Corp paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$2.1

52-Week High

$3.1701

52-Week Low

$0.75

Analyst Target Price

$2.5

Polymet Mining Corp stock is currently trading at $2.1 per share. It touched a 52-week high of $3.1701 and a 52-week low of $3.1701. Analysts tracking the stock have a 12-month average target price of $2.5.

Its 50-day moving average was $2.06 and 200-day moving average was $2.04 The short ratio stood at 0.31 indicating a short percent outstanding of 0%.

Around 8245.7% of the company’s stock are held by insiders while 272.4% are held by institutions.