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

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

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

Boliden AB (publ) Stock Down 6.4%

BDNNY stock opened at $139.86 on Wednesday. The firm’s 50-day moving average is $113.96 and its 200 day moving average is $89.51. Boliden AB has a 12 month low of $53.00 and a 12 month high of $155.13.

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.