Boliden AB (publ) (OTCMKTS:BDNNY) Trading Up 3.7% – Here’s What Happened

Boliden AB (publ) (OTCMKTS:BDNNY) shares traded up 3.7% on Tuesday . The company traded as high as $155.8014 and last traded at $154.82. 8,930 shares were traded during trading, a decline of 14% from the average session volume of 10,391 shares. The stock had previously closed at $149.29.

Analyst Ratings Changes

A number of research analysts have recently commented on the stock. Kepler Capital Markets downgraded shares of Boliden AB (publ) from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, January 28th. Barclays upgraded shares of Boliden AB (publ) from a “strong sell” rating to a “hold” rating in a research note on Thursday, January 8th. Finally, 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 research analysts have rated the stock with a Strong Buy rating, one has given a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, Boliden AB (publ) presently has a consensus rating of “Moderate Buy”.

Boliden AB (publ) Stock Down 3.2%

The stock’s 50 day moving average is $131.90 and its 200 day moving average is $100.35.

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.