Boliden AB (publ) (OTCMKTS:BDNNY) Stock Lifted to Hold by Zacks Research

Boliden AB (publ) (OTCMKTS:BDNNY) was upgraded by stock analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a research note issued on Wednesday, Zacks reports.

Separately, Berenberg Bank lowered Boliden AB (publ) from a “strong-buy” rating to a “hold” rating in a report on Wednesday, July 22nd. One research analyst has rated the stock with a Strong Buy rating, four have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold”.

Boliden AB (publ) Price Performance

Shares of BDNNY opened at $101.78 on Wednesday. Boliden AB has a 1-year low of $84.54 and a 1-year high of $160.93. The firm has a fifty day moving average price of $107.06 and a 200 day moving average price of $117.00.

Boliden AB (publ) Company Profile

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.