Boliden AB (publ) (OTCMKTS:BDNNY) Trading Up 1% – Still a Buy?

Boliden AB (publ) (OTCMKTS:BDNNY) shares were up 1% during mid-day trading on Monday . The company traded as high as $85.66 and last traded at $85.66. Approximately 6,357 shares traded hands during trading, a decline of 28% from the average daily volume of 8,807 shares. The stock had previously closed at $84.83.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank raised Boliden AB (publ) from a “hold” rating to a “strong-buy” rating in a research report on Monday, July 21st. Two research analysts have rated the stock with a Strong Buy rating, four have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold”.

Boliden AB (publ) Stock Up 1.0%

The firm has a 50 day moving average price of $70.71 and a two-hundred day moving average price of $65.43.

Boliden AB (publ) Company Profile

Boliden AB (publ) engages in the extracting, producing, and recycling of base metals in Sweden, Finland, other Nordic region, Germany, the United Kingdom, Europe, North America, and internationally. The company operates through two segments, Business Area Mines and Business Area Smelters. It explores for copper, zinc, nickel, lead, gold, silver, cobalt, sulphuric acid, tellurium, platinum, and palladium deposits.