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Polymet Mining Corp Breaks Above 200-Day Moving Average - Bullish for POM
In trading on Thursday, shares of Polymet Mining Corp (Toronto: POM) crossed above their 200 day moving average of $1.12, changing hands as high as $1.14 per share. Polymet Mining Corp shares are currently trading up about 4.6% on the day. The chart below shows the one year performance of POM shares, versus its 200 day moving average:
Looking at the chart above, POM’s low point in its 52 week range is $0.66 per share, with $1.69 as the 52 week high point — that compares with a last trade of $1.14.