Notable Two Hundred Day Moving Average Cross - POM

In trading on Wednesday, shares of Polymet Mining Corp (TSX: POM.TO) crossed below their 200 day moving average of $1.26, changing hands as low as $1.24 per share. Polymet Mining Corp shares are currently trading down about 2.4% on the day. The chart below shows the one year performance of POM shares, versus its 200 day moving average:

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Polymet Mining Corp 200 Day Moving Average Chart

Looking at the chart above, POM's low point in its 52 week range is $0.69 per share, with $1.73 as the 52 week high point — that compares with a last trade of $1.24.

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