Boliden AB (publ) (OTCMKTS:BDNNY) Rating Lowered to “Strong Sell” at Zacks Research

Boliden AB (publ) (OTCMKTS:BDNNY) was downgraded by research analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a report released on Monday,Zacks.com reports.

Several other brokerages have also recently issued reports on BDNNY. The Goldman Sachs Group upgraded Boliden AB (publ) to a “strong sell” rating in a research note on Tuesday, June 9th. Barclays raised shares of Boliden AB (publ) from a “hold” rating to a “strong-buy” rating in a report on Thursday, May 28th. Finally, Royal Bank Of Canada downgraded shares of Boliden AB (publ) from a “moderate buy” rating to a “hold” rating in a research note on Friday, March 20th. Two investment analysts have rated the stock with a Strong Buy rating, two have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold”.

Boliden AB (publ) Price Performance

Shares of BDNNY stock opened at $112.69 on Monday. The firm has a 50 day moving average of $115.89 and a two-hundred day moving average of $122.38. Boliden AB has a 52 week low of $59.26 and a 52 week high of $160.93.

About Boliden AB (publ)

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.