Boliden AB (publ) (OTCMKTS:BDNNY) Downgraded by Kepler Capital Markets to “Hold”

Boliden AB (publ) (OTCMKTS:BDNNY) was downgraded by analysts at Kepler Capital Markets from a “strong-buy” rating to a “hold” rating in a research report issued on Wednesday,Zacks.com reports.

Several other research analysts have also recently issued reports on BDNNY. Barclays raised shares of Boliden AB (publ) from a “strong sell” rating to a “hold” rating in a report on Thursday, January 8th. Royal Bank Of Canada raised Boliden AB (publ) from a “hold” rating to a “moderate buy” rating in a research report on Friday, November 7th. Two equities research analysts have rated the stock with a Strong Buy rating, one has given a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, Boliden AB (publ) has an average rating of “Moderate Buy”.

Boliden AB (publ) Price Performance

Shares of BDNNY stock opened at $139.86 on Wednesday. Boliden AB has a fifty-two week low of $53.00 and a fifty-two week high of $155.13. The stock’s 50-day simple moving average is $113.96 and its 200-day simple moving average is $89.51.

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.