Boliden AB (publ) (OTCMKTS:BDNNY) Upgraded at Zacks Research

Zacks Research upgraded shares of Boliden AB (publ) (OTCMKTS:BDNNY) from a strong sell rating to a hold rating in a research note published on Wednesday morning,Zacks reports.

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

Boliden AB (publ) Stock Performance

Shares of BDNNY stock traded down $0.31 on Wednesday, hitting $101.45. The stock had a trading volume of 27,081 shares, compared to its average volume of 16,980. Boliden AB has a 12-month low of $84.54 and a 12-month high of $160.93. The business has a 50 day moving average of $106.71 and a 200 day moving average of $116.86.

About Boliden AB (publ)

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.