JPMorgan Chase & Co. lowered its stake in shares of Polymet Mining Corp (NYSE:PLM) (TSE:POM) by 1.4% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 10,845,809 shares of the basic materials company’s stock after selling 151,318 shares during the period. JPMorgan Chase & Co. owned 3.40% of Polymet Mining Corp worth $6,399,000 at the end of the most recent reporting period.

Polymet Mining Corp (NYSE:PLM) opened at 0.591 on Wednesday. The company’s market capitalization is $188.56 million. Polymet Mining Corp has a 12-month low of $0.57 and a 12-month high of $0.97. The stock has a 50 day moving average price of $0.62 and a 200-day moving average price of $0.66.

Polymet Mining Corp (NYSE:PLM) (TSE:POM) last released its quarterly earnings results on Thursday, September 14th. The basic materials company reported ($0.01) earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of ($0.01). Equities analysts predict that Polymet Mining Corp will post ($0.03) EPS for the current fiscal year.

ILLEGAL ACTIVITY NOTICE: This piece was originally reported by The Cerbat Gem and is the property of of The Cerbat Gem. If you are reading this piece on another publication, it was stolen and republished in violation of U.S. & international trademark & copyright laws. The correct version of this piece can be viewed at

About Polymet Mining Corp

PolyMet Mining Corp. (PolyMet) is a development-stage company. The Company is engaged in the exploration and development of natural resource properties. The Company’s sole mineral property is the NorthMet Project, which is located in St. Louis County in the Mesabi Iron Range mining district approximately 60 miles north of Duluth, Minnesota, the United States.

Want to see what other hedge funds are holding PLM? Visit to get the latest 13F filings and insider trades for Polymet Mining Corp (NYSE:PLM) (TSE:POM).

Institutional Ownership by Quarter for Polymet Mining Corp (NYSE:PLM)

Receive News & Stock Ratings for Polymet Mining Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Polymet Mining Corp and related stocks with our FREE daily email newsletter.