Boliden AB (publ) (OTCMKTS:BOLIF) Trading Up 15.7% – Should You Buy?

Boliden AB (publ) (OTCMKTS:BOLIF)’s stock price traded up 15.7% during mid-day trading on Thursday . The stock traded as high as $51.58 and last traded at $51.07. 782 shares traded hands during mid-day trading, an increase of 84% from the average session volume of 425 shares. The stock had previously closed at $44.14.

Boliden AB (publ) Price Performance

The stock has a 50-day simple moving average of $43.80 and a 200 day simple moving average of $36.47.

About Boliden AB (publ)

Boliden AB (publ) is a Sweden-based metals and mining company specializing in the exploration, mining and smelting of base and precious metals. The company’s portfolio includes copper, zinc, lead, nickel and gold, with a focus on delivering high-purity metals and advanced metal solutions. Boliden supports a wide range of end markets, from automotive and construction to electronics and energy, by providing essential raw materials and recycled metal products.

Founded in 1924 and headquartered in Stockholm, Boliden has grown through a combination of greenfield exploration, strategic acquisitions and continuous operational improvements.