Boliden AB (publ) (OTCMKTS:BDNNY) Announces Quarterly Earnings Results

Boliden AB (publ) (OTCMKTS:BDNNY) announced its quarterly earnings data on Tuesday. The company reported $1.67 EPS for the quarter, topping analysts’ consensus estimates of $1.61 by $0.06, Zacks reports.

Boliden AB (publ) Stock Performance

Shares of BDNNY traded down $7.40 on Tuesday, reaching $97.03. The stock had a trading volume of 754 shares, compared to its average volume of 13,222. Boliden AB has a twelve month low of $61.13 and a twelve month high of $160.93. The firm has a 50-day moving average of $113.42 and a 200 day moving average of $122.79.

Analyst Upgrades and Downgrades

BDNNY has been the topic of several analyst reports. The Goldman Sachs Group raised shares of Boliden AB (publ) to a “strong sell” rating in a report on Tuesday, June 9th. Zacks Research downgraded shares of Boliden AB (publ) from a “hold” rating to a “strong sell” rating in a research report on Monday, June 22nd. Finally, Barclays raised Boliden AB (publ) from a “hold” rating to a “strong-buy” rating in a report on Thursday, May 28th. One research analyst has rated the stock with a Strong Buy rating, two have given a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, Boliden AB (publ) has a consensus rating of “Hold”.

Boliden AB (publ) Company Profile

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.