Boliden AB (publ) (OTCMKTS:BDNNY) Raised to “Hold” at Zacks Research

Boliden AB (publ) (OTCMKTS:BDNNY) was upgraded by equities researchers at Zacks Research from a “strong sell” rating to a “hold” rating in a research report issued on Wednesday, Zacks reports.

Separately, Berenberg Bank cut shares of Boliden AB (publ) from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, July 22nd. One analyst has rated the stock with a Strong Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold”.

Boliden AB (publ) Price Performance

Shares of BDNNY opened at $101.78 on Wednesday. The company’s fifty day moving average is $107.06 and its two-hundred day moving average is $117.00. Boliden AB has a 1 year low of $84.54 and a 1 year high of $160.93.

Boliden AB (publ) Company Profile

Boliden AB (publ) is a Swedish mining and metals company engaged in the exploration, extraction, processing and recycling of base and precious metals. Its principal products include zinc, copper, lead, nickel, gold and silver, along with other metals recovered as byproducts.

Founded in 1924 following the discovery of a gold deposit near Boliden in northern Sweden, the company has developed an integrated business spanning mines, concentrators, smelters and recycling facilities. Its mining operations produce ore and concentrates, while its smelters process both mined materials and secondary raw materials into refined metals and metal products.

Boliden serves industrial customers and metal markets internationally, with operations and facilities primarily located in Sweden, Finland, Norway and Ireland.