News

Polymet Mining posts loss of $2.4 million in fourth quarter

TORONTO – TORONTO (AP) _ Polymet Mining Corp. (PLM) on Thursday reported a loss of $2.4 million in its fiscal fourth quarter.

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 $9.3 million, or 3 cents per share.

In the final minutes of trading on Thursday, the company’s shares hit 91 cents. A year ago, they were trading at $1.27.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PLM at http://www.zacks.com/ap/PLM

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Keywords: Polymet Mining, Earnings Report