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Polymet Mining Corp. (T:POM)

Business Focus: Diversified Mining

Get the company report for the most recent outlook updated daily
This company is also listed in the United States as PLM on the AMEX. Click here to get the live US quote and see if there are any SEC insider filings..

Insider Chart - Past 6 Months

Insider Filings

Latest 10 SEDI filings for POM within the last 6 months
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Company News

Sep 28, 2023 07:30 ET
PolyMet Receives Interim Order for Proposed Arrangement with Glencore and Provides Details of Shareholders' Meeting
St. Paul, Minnesota--(Newsfile Corp. - September 28, 2023) - PolyMet Mining Corp. (TSX: POM) (NYSE American: PLM) ("PolyMet" or the "Company") announced today that the Supreme Court of British Columbia (the "Court") has granted an interim order (the "Interim Order") in connection with the previously announced statutory plan of arrangement under Part 9, Division 5 of the Business Corporations Act (British Columbia), pursuant to which, among other things and subject to the satisfaction or waiver of all applicable conditions precedent, Glencore AG ("Glencore") will acquire the approximately 17.8% of the issued and outstanding common shares of the Company that Glencore does not currently own (the "Minority Shares") for US$2.11 in cash per share, subject to approval by PolyMet shareholders, final Court approval and other customary closing conditions (the "Arrangement"). The Interim Order authorizes the calling and holding of a special meeting (the "Special Meeting") of the Company's shareholders.
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Aug 10, 2023 19:00 ET
PolyMet Mining reports results for period ended June 30, 2023
St. Paul, Minnesota--(Newsfile Corp. - August 10, 2023) - PolyMet Mining Corp. (TSX: POM) (NYSE American: PLM) ("PolyMet" or the "company"), today reports its financial results for the three and six months ended June 30, 2023.
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Valuation Ratios

Industry
Sector
Beta
0.85
--
--
Price to Sales - TTM
--
6.89
4.21
Price to Book - most recent quarter
0.79
1.84
1.85
Price to Cash Flow per share - TTM
--
10.03
9.02
Price to Free Cash Flow per share - TTM
--
15.31
18.06
See all valuations

Short Report

DateNumber of Shares ShortedNet Change
Sep 15, 202319,154-16,647
Aug 31, 202335,80114,854
Aug 15, 202320,947-1,220
See Short Report

Business Summary

Sector:  Basic Materials Industry:  Diversified Mining

PolyMet Mining Corp. is a mine development company. The Company is engaged in mining copper, nickel and precious metals from the NorthMet ore body. The Company owns the NorthMet Project and Mesaba Project, which is a copper, nickel, cobalt and platinum group metal (PGM) deposits. The NorthMet deposit is located in the Partridge River Intrusion of the Duluth Complex, a geological formation near the eastern end of the Mesabi Iron Range, which is an undeveloped accumulation of copper, nickel and platinum group metals. The Mesaba Project is located in St. Louis County, Minnesota. Its NorthMet is a disseminated sulfide deposit in heterogeneous troctolitic rocks associated with Mid-continent Rift, and is rich with copper, nickel, cobalt, platinum, palladium, gold and silver. The majority of the metals are concentrated in, or associated with, four sulfide minerals: chalcopyrite, cubanite, pentlandite and pyrrhotite.

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