POM.TO - PolyMet Mining Corp.

Toronto - Toronto Delayed Price. Currency in CAD
0.4650
-0.0100 (-2.11%)
At close: 3:51PM EDT
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Previous Close0.4750
Open0.4650
Bid0.4600 x 0
Ask0.4800 x 0
Day's Range0.4650 - 0.4650
52 Week Range0.4600 - 1.6000
Volume1,500
Avg. Volume27,657
Market Cap481.954M
Beta (3Y Monthly)-0.62
PE Ratio (TTM)N/A
EPS (TTM)-0.0410
Earnings DateAug 14, 2019 - Aug 14, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est1.34
  • Business Wire

    PolyMet Reports Results for Period Ended June 30, 2019

    PolyMet Mining Corp. TSX: POM; NYSE American: PLM – today reported it has filed its financial results for the three and six months ended June 30, 2019. PolyMet is permitted to construct and operate the NorthMet copper-nickel-precious metals mine and processing plant located near Hoyt Lakes, Minnesota.

  • Business Wire

    Department of Natural Resources declines environmental groups' request to reconsider PolyMet Permit to Mine and dam safety permit

    NYSE American: PLM, reports the Minnesota Department of Natural Resources today denied a request made by environmental groups to reconsider the Permit to Mine and dam safety permit it issued for the PolyMet NorthMet Project late in 2018. “We appreciate the state’s thoughtful and conclusive decision formally denying environmental groups’ request for reconsideration of these permits,” said Jon Cherry, president and CEO.

  • Business Wire

    Minnesota Court of Appeals Upholds Nonferrous Mining Rules for PolyMet NorthMet Project

    NYSE American: PLM, announces that the Minnesota State Court of Appeals today affirmed the validity of the state’s nonferrous mining rules, rejecting a challenge from environmental groups who sought to overturn the rules after the state issued PolyMet’s Permit to Mine. The court agreed with the DNR that “flexible reclamation rules are necessary to accommodate the variety of conditions at proposed mine sites” and endorsed the DNR’s authority to establish reclamation standards and “deny a permit . This case was filed in 2018 against the DNR by the Minnesota Center for Environmental Advocacy and Friends of the Boundary Waters Wilderness.

  • Business Wire

    Glencore Senior Executive Peter Freyberg Named to PolyMet Board

    NYSE American: PLM – today announced the appointment of Glencore senior executive Peter C. Freyberg to the board of directors. “We are delighted to have the deep, global level of mining experience Mr. Freyberg brings to the board,” said Ian Forrest, chairman. Mr. Freyberg’s career has centered on mining operations and projects, working first at Anglo American Corporation in South Africa, followed by leadership positions at Rio Tinto operations in Indonesia, Australia and South America.

  • If You Had Bought PolyMet Mining (TSE:POM) Stock Five Years Ago, You'd Be Sitting On A 61% Loss, Today
    Simply Wall St.

    If You Had Bought PolyMet Mining (TSE:POM) Stock Five Years Ago, You'd Be Sitting On A 61% Loss, Today

    Statistically speaking, long term investing is a profitable endeavour. But that doesn't mean long term investors can...

  • Business Wire

    PolyMet Closes Rights Offering

    PolyMet Mining Corp. announces the completion of its previously announced rights offering which expired at 5:00 p.m. on June 26, 2019.

  • Business Wire

    PolyMet Announces Preliminary Results for Rights Offering and Results of Annual Shareholder Meeting Voting

    NYSE American: PLM – today announced preliminary results of its US$265 million rights offering following the expiration of the subscription period, which expired on June 26, 2019 at 5:00 p.m. Eastern time. Based on the preliminary results, Glencore AG (“Glencore”) will own approximately 71.66 percent of the company’s common shares on a non-diluted basis following closing of the fully backstopped rights offering, which percentage includes Glencore’s exercise of its basic subscription rights, additional subscription rights and common shares purchased pursuant to the standby commitment.

  • Business Wire

    PolyMet Announces Commencement of the Rights Offering and Trading Dates

    NYSE American: PLM) has commenced its previously announced offering of rights (“Rights”) to purchase common shares of the company to raise approximately US$265 million in gross proceeds (the “Rights Offering”). The Rights trade on the Toronto Stock Exchange (“TSX”) under the symbol “POM.RT” and will cease trading on the TSX at noon (Eastern time) on June 26, 2019. The Rights also trade on the NYSE American under the symbol “PLM.RT” and the last day of trading on the NYSE American will be June 21, 2019.

  • Associated Press

    Appeals court rejects challenge to PolyMet copper mine

    ST. PAUL, Minn. (AP) — The Minnesota Court of Appeals has rejected a request for another environmental review for the planned PolyMet copper-nickel mine in northeastern Minnesota.

  • Business Wire

    Minnesota Court of Appeals Upholds Environmental Review for NorthMet Project, Rejects Environmental Groups’ Petition for Supplemental EIS

    NYSE American: PLM, announces that the Minnesota State Court of Appeals today upheld the scope of the environmental review prepared for the NorthMet Project prepared by the Minnesota Department of Natural Resources, rejecting a challenge from several environmental groups who wanted the DNR to prepare a supplemental review. In its unanimous decision, the three-judge panel affirmed the DNR’s decision not to prepare a supplemental EIS based on claims by the Minnesota Center for Environmental Advocacy, Friends of the Boundary Waters Wilderness and Water Legacy, that PolyMet had changed its project.

  • Business Wire

    PolyMet Announces Filing of Final Prospectus and Terms for Rights Offering

    NYSE American: PLM) has filed a short form final prospectus with securities regulatory authorities in each of the Canadian provinces, and an amendment to its registration statement on Form F-10 with the U.S. Securities and Exchange Commission (“SEC”) in respect of an offering of rights (“Rights”) to purchase common shares of the company to raise approximately US$265 million in gross proceeds (the “Rights Offering”). Pursuant to the Rights Offering, all eligible registered shareholders of PolyMet (subject to applicable law) will receive one Right for every common share of PolyMet owned on the record date of June 3, 2019 (the “Record Date”).

  • Reuters

    U.S. Senate moves forward on plan to develop electric vehicle supply chain

    The Senate's Energy and Natural Resources Committee held a hearing on the American Mineral Security Act, which would help streamline regulation and permitting requirements for the development of mines for lithium, graphite and other EV minerals. The pending legislation would require a tally of metal reserves in the United States and seek to streamline permitting for the EV sector, an area where China already leads by a wide margin. The bipartisan legislation, which seeks in part to codify a late 2017 executive order on U.S. mineral development by President Donald Trump, was sponsored by U.S. senators Lisa Murkowski, Joe Manchin and others.

  • Associated Press

    Polymet Mining: 1Q Earnings Snapshot

    On a per-share basis, the Toronto-based company said it had a loss of 2 cents. In the final minutes of trading on Monday, the company's shares hit 49 cents. A year ago, they were trading at 81 cents. _____ ...

  • Business Wire

    PolyMet Reports Results for Period Ended March 31, 2019

    PolyMet Mining Corp TSX: POM; NYSE American: PLM – today reported that it has filed its financial results for the three months ended March 31, 2019. PolyMet is fully permitted to construct and operate the NorthMet copper-nickel-precious metals mine and processing plant located near Hoyt Lakes, Minnesota.

  • Business Wire

    PolyMet Announces Filing of Preliminary Prospectus for Rights Offering and Entry into Standby Purchase Agreement With Glencore

    NYSE American: PLM) has filed a short form preliminary prospectus with securities regulatory authorities in each of the Canadian provinces, and a registration statement on Form F-10 with the U.S. Securities and Exchange Commission (“SEC”) in respect of an offering of rights (“Rights”) to purchase common shares of the company to raise approximately US$265 million in gross proceeds (the “Rights Offering”). Pursuant to the Rights Offering, all eligible registered shareholders of PolyMet (subject to applicable law) will receive one Right for every common share of PolyMet owned on the record date (the “Record Date”), which will be a date no less than 10 calendar days following receipt of the approval of the Toronto Stock Exchange (“TSX”) and NYSE American for the Rights Offering.

  • Have Insiders Been Selling PolyMet Mining Corp. (TSE:POM) Shares?
    Simply Wall St.

    Have Insiders Been Selling PolyMet Mining Corp. (TSE:POM) Shares?

    It is not uncommon to see companies perform well in the years after insiders buy shares. On the other hand, we'd be remiss not to mention that insider sales have been known to precede tough periods for a business. So we'll take a look...

  • Associated Press

    Polymet Mining: 4Q Earnings Snapshot

    The Toronto-based company said it had a loss of 1 cent per share. For the year, the company reported that its loss widened to $15 million, or 5 cents per share. The company's shares closed at 69 cents. ...

  • Business Wire

    PolyMet Reports Results for Year Ended December 31, 2018

    PolyMet Mining Corp. TSX: POM; NYSE American: PLM – today reported that it has filed its financial results for the year ended December 31, 2018. PolyMet is fully permitted to construct and operate the NorthMet copper-nickel-precious metals mine and processing plant located near Hoyt Lakes, Minnesota.

  • Army Corps of Engineers grants final permit for PolyMet mine
    Associated Press

    Army Corps of Engineers grants final permit for PolyMet mine

    PolyMet Mining Corp. has received the final permit it needs to proceed with building Minnesota's first copper-nickel mine, the company and the Army Corps of Engineers announced Friday. The Corps said it issued the permit late Tuesday. It deals with the steps PolyMet must take to mitigate the project's effects on wetlands.

  • Business Wire

    Final Federal Permit Issued for PolyMet NorthMet Project

    NYSE American: PLM, announced today that the U.S. Army Corps of Engineers has issued its Record of Decision and Section 404 wetlands permit for the NorthMet Project. Along with recently issued state permits, PolyMet now holds all necessary permits to construct and operate the NorthMet copper-nickel-precious metals mine and processing plant located near Hoyt Lakes, Minnesota. PolyMet also announced today that it has entered into an extension agreement with Glencore AG (“Glencore”) with respect to the approximate US$243 million in secured convertible and non-convertible debt owing to Glencore which is due to mature on March 31, 2019.

  • Associated Press

    Correction: EPA-PolyMet Mine story

    In a story Feb. 19 about a lawsuit against the Environmental Protection Agency over a proposed copper-nickel mine in Minnesota, The Associated Press erroneously reported the name of the group filing the lawsuit. It is Public Employees for Environmental Responsibility, not Protecting Employees Who Protect Our Environment.

  • ALLETE (ALE) Q4 2018 Earnings Conference Call Transcript
    Motley Fool

    ALLETE (ALE) Q4 2018 Earnings Conference Call Transcript

    ALE earnings call for the period ending December 31, 2018.

  • Minnesota OKs final major state permits for PolyMet mine
    Associated Press

    Minnesota OKs final major state permits for PolyMet mine

    State pollution regulators on Thursday issued the last major state permits sought by the developers of the planned PolyMet copper-nickel mine in northeastern Minnesota, leaving only one major federal permit still pending. The Minnesota Pollution Control Agency announced its approval of the air and water quality permits for the project and a certification that the company's plan to mitigate the mine's impact on wetlands will meet state water quality standards. The only remaining major permit is a wetlands permit from the Army Corps of Engineers.

  • Business Wire

    Minnesota Issues Last of Its Major Permits For PolyMet Copper-nickel Mine

    NYSE American: PLM, reports it has received the final remaining state approvals for PolyMet to construct and operate the NorthMet copper-nickel-precious metals project in northeastern Minnesota. The Minnesota Pollution Control Agency today issued the water quality (NPDES/SDS) and air quality permits and the Clean Water Act Section 401 water quality certification for the NorthMet mine. In total, the MPCA and DNR have issued 17 permits and other approvals.

  • Associated Press

    Polymet Mining: 3Q Earnings Snapshot

    On a per-share basis, the Toronto-based company said it had a loss of 1 cent. The company's shares closed at 90 cents. A year ago, they were trading at 61 cents. _____ This story was generated by Automated ...