Boliden AB (publ) (OTCMKTS:BDNNY) Shares Down 0.5% – Time to Sell?

Boliden AB (publ) (OTCMKTS:BDNNY)’s stock price was down 0.5% on Monday. The stock traded as low as $108.81 and last traded at $108.97. 12,887 shares were traded during trading, a decline of 12% from the average session volume of 14,639 shares. The stock had previously closed at $109.55.

Analysts Set New Price Targets

BDNNY has been the topic of a number of research analyst reports. Zacks Research upgraded Boliden AB (publ) from a “strong sell” rating to a “hold” rating in a research report on Tuesday, July 21st. Berenberg Bank lowered Boliden AB (publ) from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, July 22nd. One investment 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. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold”.

Boliden AB (publ) Trading Down 0.5%

The company’s fifty day moving average is $110.61 and its 200-day moving average is $111.19.

Boliden AB (publ) Company Profile

Boliden AB (publ) is a Swedish metals and mining 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, which are supplied to customers in industrial and manufacturing markets.

The company operates mines and smelters in the Nordic region and elsewhere in Europe. Its mining activities have included copper, zinc, lead and nickel operations, while its smelting and recycling facilities process concentrates, electronic materials and other secondary raw materials into refined metals and metal products.