Boliden AB (publ) (OTCMKTS:BDNNY) Stock Price Up 3.7% – Here’s What Happened

Shares of Boliden AB (publ) (OTCMKTS:BDNNY) were up 3.7% on Tuesday . The company traded as high as $155.8014 and last traded at $154.82. Approximately 8,930 shares were traded during trading, a decline of 14% from the average daily volume of 10,391 shares. The stock had previously closed at $149.29.

Analyst Ratings Changes

A number of analysts have commented on BDNNY shares. Kepler Capital Markets downgraded Boliden AB (publ) from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, January 28th. Barclays raised Boliden AB (publ) from a “strong sell” rating to a “hold” rating in a research report on Thursday, January 8th. Finally, Royal Bank Of Canada raised shares of Boliden AB (publ) from a “hold” rating to a “moderate buy” rating in a report on Friday, November 7th. Two research analysts have rated the stock with a Strong Buy rating, one has given a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Boliden AB (publ) currently has a consensus rating of “Moderate Buy”.

Boliden AB (publ) Trading Up 3.7%

The company has a 50-day moving average of $129.80 and a 200 day moving average of $99.53.

About Boliden AB (publ)

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.