Polymet Story

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PLM -- USA Stock  

USD 3.70  0.10  2.78%

As many millenniums are excited about basic materials space, it is only fair to summarize Polymet Mining. We will evaluate if Polymet Mining shares are reasonably priced going into October. Here I will also expose some primary fundamental factors affecting Polymet Mining's services, and outline how it will impact the outlook for investors this year.
Published over a week ago
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What are the odds of Polymet Mining to pull down in October?
Reported Net Loss for the year was (64.64 M) with profit before taxes, overhead, and interest of 0. About 72.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 0.72. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Polymet Mining recorded a loss per share of 0.64. The entity had not issued any dividends in recent years. The firm had 1-10 split on the 26th of August 2020.

How important is Polymet Mining's Liquidity

Polymet Mining financial leverage refers to using borrowed capital as a funding source to finance Polymet Mining ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Polymet Mining financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Please check the breakdown between Polymet Mining's total debt and its cash.

How Polymet utilizes its cash?

To perform a cash flow analysis of Polymet Mining, investors first need to understand how to read the cash flow statement. A cash flow statement shows the amount of cash Polymet Mining is receiving and how much cash it distributes out in a given period. The Polymet Mining cash flow statement breaks down these inflows and outflows into different buckets, including operating activities, investing activities, and financing activities.

Breaking it down

Polymet Mining owns a total of one hundred million seven hundred thousand outstanding shares. Polymet Mining holds majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company outstanding shares. 72.12 pct. of Polymet Mining outstanding shares that are owned by insiders implies they have been buying or selling the stock in recent months in anticipation of some upcoming event. Please note that no matter how much assets the company maintains, if the real value of the company is less than the current market value, you may not be able to make money on it.

Ownership Breakdown

Retail Investors
26.77%
Insiders
72.12%
Retail Investors26.77
Insiders72.12
Institutions1.11

Polymet Mining price pull down is misleading

New mean deviation is at 6.78. As of the 4th of September, Polymet Mining holds the Risk Adjusted Performance of 0.097, semi deviation of 6.75, and Coefficient Of Variation of 1643.83. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Polymet Mining, as well as the relationship between them. Put it differently, you can use this information to find out if the company will indeed mirror its model of past market data, or the prices will eventually revert. We have collected data for nineteen technical drivers for Polymet Mining, which can be compared to its competitors. Please check Polymet Mining standard deviation, maximum drawdown, as well as the relationship between the Maximum Drawdown and expected short fall to decide if Polymet Mining is priced some-what accurately, providing market reflects its current price of 2.69 per share. Please also confirm Polymet Mining total risk alpha, which is currently at (0.22) to check out the company can sustain itself at a future point.

Our Conclusion on Polymet Mining

While some firms within the other industrial metals & mining industry are still a little expensive, even after the recent corrections, Polymet Mining may offer a potential longer-term growth to stakeholders. With a somewhat neutral outlook on your 30 days horizon, it may be better to hold off any trading activity and neither acquire new shares of Polymet nor drop your existing holdings in the Stock. It seems the expected volatility has not yet been fully factored into the current price. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to Polymet Mining.

About Contributor

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Vlad Skutelnik do not own shares of Polymet Mining. Please refer to our Terms of Use for any information regarding our disclosure principles.

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