Zacks Research Downgrades Boliden AB (publ) (OTCMKTS:BDNNY) to Strong Sell

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

Other equities research analysts have also issued research reports about the stock. Royal Bank Of Canada lowered shares of Boliden AB (publ) from a “moderate buy” rating to a “hold” rating in a report on Friday, March 20th. The Goldman Sachs Group upgraded shares of Boliden AB (publ) to a “strong sell” rating in a report on Tuesday, June 9th. Finally, Barclays upgraded shares of Boliden AB (publ) from a “hold” rating to a “strong-buy” rating in a report on Thursday, May 28th. Two equities research analysts have rated the stock with a Strong Buy rating, two have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, Boliden AB (publ) currently has an average rating of “Hold”.

Boliden AB (publ) Stock Performance

Shares of OTCMKTS:BDNNY opened at $112.69 on Monday. Boliden AB has a 52-week low of $59.26 and a 52-week high of $160.93. The business has a fifty day moving average of $115.89 and a two-hundred day moving average of $122.38.

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.