Boliden AB (publ) (OTCMKTS:BDNNY) Short Interest Down 48.9% in December

Boliden AB (publ) (OTCMKTS:BDNNY) was the recipient of a significant decline in short interest in December. As of December 15th, there was short interest totaling 5,578 shares, a decline of 48.9% from the November 30th total of 10,907 shares. Based on an average daily volume of 14,840 shares, the days-to-cover ratio is presently 0.4 days. Based on an average daily volume of 14,840 shares, the days-to-cover ratio is presently 0.4 days.

Analyst Ratings Changes

Separately, Royal Bank Of Canada raised Boliden AB (publ) from a “hold” rating to a “moderate buy” rating in a research note on Friday, November 7th. Two analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Buy”.

Boliden AB (publ) Trading Up 1.1%

Shares of OTCMKTS:BDNNY opened at $109.91 on Friday. Boliden AB has a 1 year low of $53.00 and a 1 year high of $110.52. The firm has a fifty day moving average price of $95.30 and a 200 day moving average price of $78.47.

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.