Boliden AB (publ) (OTCMKTS:BDNNY) Shares Down 2.8% – What’s Next?

Shares of Boliden AB (publ) (OTCMKTS:BDNNY) traded down 2.8% during mid-day trading on Wednesday . The company traded as low as $129.2875 and last traded at $129.2875. 6,743 shares were traded during trading, a decline of 38% from the average session volume of 10,809 shares. The stock had previously closed at $132.9540.

Analyst Ratings Changes

A number of equities analysts recently commented on BDNNY shares. Barclays raised shares of Boliden AB (publ) from a “strong sell” rating to a “hold” rating in a research note on Thursday, January 8th. Kepler Capital Markets downgraded shares of Boliden AB (publ) from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, January 28th. Two research analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, Boliden AB (publ) currently has a consensus rating of “Moderate Buy”.

Boliden AB (publ) Stock Performance

The company has a 50 day simple moving average of $139.86 and a two-hundred day simple moving average of $107.82.

Boliden AB (publ) Company Profile

Boliden AB (publ) is a Swedish-based integrated metals company that specializes in the exploration, mining, smelting and recycling of base and precious metals. With a focus on sustainability and efficiency, the company produces zinc, copper, nickel, lead, gold and silver concentrates, as well as refined metals and by-products such as sulphuric acid. Boliden operates through a network of hard-rock mines, metal smelters and recycling facilities.

The group’s mining portfolio includes the Aitik copper–gold mine and the Garpenberg zinc–silver–lead mine in Sweden, the Kevitsa nickel–copper–palladium mine in Finland, and the Tara zinc mine in Ireland, among others.