Boliden AB (publ) (OTCMKTS:BDNNY) Rating Lowered to “Strong Sell” at Zacks Research

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

A number of other brokerages also recently commented on BDNNY. The Goldman Sachs Group upgraded shares of Boliden AB (publ) to a “strong sell” rating in a report on Tuesday, June 9th. Barclays raised shares of Boliden AB (publ) from a “hold” rating to a “strong-buy” rating in a research report on Thursday, May 28th. Finally, Royal Bank Of Canada lowered shares of Boliden AB (publ) from a “moderate buy” rating to a “hold” rating in a research note on Friday, March 20th. Two analysts have rated the stock with a Strong Buy rating, two have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the company 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 1-year low of $59.26 and a 1-year high of $160.93. The business has a fifty day moving average price of $115.89 and a 200 day moving average price of $122.38.

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.