Boliden AB (publ) (OTCMKTS:BDNNY) Short Interest Update

Boliden AB (publ) (OTCMKTS:BDNNY) was the recipient of a significant decline in short interest in the month of July. As of July 15th, there was short interest totaling 6,062 shares, a decline of 78.9% from the June 30th total of 28,767 shares. Based on an average daily volume of 49,659 shares, the days-to-cover ratio is presently 0.1 days.

Boliden AB (publ) Price Performance

BDNNY stock opened at $98.47 on Monday. The firm has a 50-day moving average of $112.21 and a two-hundred day moving average of $122.38. Boliden AB has a one year low of $61.13 and a one year high of $160.93.

Analysts Set New Price Targets

A number of equities analysts have recently commented on BDNNY shares. Barclays upgraded Boliden AB (publ) from a “hold” rating to a “strong-buy” rating in a report on Thursday, May 28th. The Goldman Sachs Group upgraded Boliden AB (publ) to a “strong sell” rating in a research note on Tuesday, June 9th. Berenberg Bank lowered Boliden AB (publ) from a “strong-buy” rating to a “hold” rating in a report on Wednesday, July 22nd. Finally, Zacks Research upgraded Boliden AB (publ) from a “strong sell” rating to a “hold” rating in a research report on Tuesday, July 21st. One research analyst has rated the stock with a Strong Buy rating, four have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Boliden AB (publ) currently has a consensus rating of “Hold”.

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.