Boliden AB (publ) (OTCMKTS:BDNNY) Releases Earnings Results, Beats Expectations By $0.06 EPS

Boliden AB (publ) (OTCMKTS:BDNNYGet Free Report) released its quarterly earnings results 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) Price Performance

Shares of OTCMKTS BDNNY traded down $7.40 during midday trading on Tuesday, reaching $97.03. The company’s stock had a trading volume of 710 shares, compared to its average volume of 13,222. The stock has a 50 day simple moving average of $113.42 and a 200-day simple moving average of $122.79. Boliden AB has a fifty-two week low of $61.13 and a fifty-two week high of $160.93.

Analysts Set New Price Targets

A number of research firms recently issued reports on BDNNY. Barclays raised Boliden AB (publ) from a “hold” rating to a “strong-buy” rating in a research note on Thursday, May 28th. The Goldman Sachs Group upgraded shares of Boliden AB (publ) to a “strong sell” rating in a report on Tuesday, June 9th. Finally, 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. One analyst has rated the stock with a Strong Buy rating, two have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold”.

Check Out Our Latest Stock Analysis on BDNNY

About Boliden AB (publ)

(Get Free Report)

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.

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Earnings History for Boliden AB (publ) (OTCMKTS:BDNNY)

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