PolyMet Mining Corp.

PolyMet Mining Corp.verified

PLM

Price:

$2.1

Market Cap:

$408.37M

PolyMet Mining Corp., through its subsidiary, Poly Met Mining, Inc., engages in the exploration and development of natural resource properties. Its primary mineral property is the NorthMet project, a polymetallic project that hosts copper, nickel, cobalt, gold, silver, and platinum group metal mineralization covering an area of approximately 4,300 acres located in northeastern Minnesota, the United States. The company was formerly known as Fleck Resources Ltd. and changed its name to PolyMet Mining Corp. in June 1998. PolyMet Mining Corp. was incorporated in 1981 and is headquartered in Saint Paul, Minnesota. PolyMet Mining Corp. operates as a subsidiary of Glencore AG.[Read more]

Industry

Industrial Materials

IPO Date

2000-10-12

Stock Exchange

AMEX

Ticker

PLM

The Current Ratio as of November 2024 (TTM) for PolyMet Mining Corp. (PLM) is 0.13

According to PolyMet Mining Corp.’s latest financial reports and current stock price. The company's current Current Ratio is 0.13. This represents a change of -97.42% compared to the average of 5.12 of the last 4 quarters.

PolyMet Mining Corp. (PLM) Historical Current Ratio (quarterly & annually)

How has PLM Current Ratio performed in the past?

The mean historical Current Ratio of PolyMet Mining Corp. over the last ten years is 0.97. The current 0.13 Current Ratio has changed 1.25% with respect to the historical average. Over the past ten years (40 quarters), PLM's Current Ratio was at its highest in in the June 2023 quarter at 20.10. The Current Ratio was at its lowest in in the March 2019 quarter at 0.03.

Quarterly (TTM)
Annual

Average

0.97

Median

0.25

Minimum

0.06

Maximum

5.10

PolyMet Mining Corp. (PLM) Current Ratio by Quarter and Year

Discovering the peaks and valleys of PolyMet Mining Corp. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 2.22%

Maximum Annual Current Ratio = 5.10

Minimum Annual Increase = -98.90%

Minimum Annual Current Ratio = 0.06

Quarterly (TTM)
Annual
YearCurrent RatioChange
20220.13-33.95%
20210.20-20.91%
20200.25-83.39%
20191.522.22%
20180.0717.31%
20170.06-98.90%
20175.10317.76%
20161.22380.28%
20150.25-73.25%
20140.95-30.75%

PolyMet Mining Corp. (PLM) Average Current Ratio

How has PLM Current Ratio performed in the past?

The current Current Ratio of PolyMet Mining Corp. (PLM) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

0.19

5-year avg

0.43

10-year avg

0.97

PolyMet Mining Corp. (PLM) Current Ratio vs. Peers

How is PLM’s Current Ratio compared to its peers?

PolyMet Mining Corp.’s Current Ratio is less than Nexa Resources S.A. (1.13), less than Skeena Resources Limited (1.87), less than Fury Gold Mines Limited (4.43), less than IperionX Limited (13.62), less than Compass Minerals International, Inc. (2.15), less than TD Holdings, Inc. (6.93), less than EMX Royalty Corporation (13.15), less than Materion Corporation (3.15), less than Trilogy Metals Inc. (0), less than Vizsla Silver Corp. (60.98), less than Western Copper and Gold Corporation (38.90), less than null (25.74),

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