Boliden AB (publ) (OTCMKTS:BDNNY) Shares Down 2.8% – What’s Next?

Boliden AB (publ) (OTCMKTS:BDNNY) traded down 2.8% during mid-day trading on Wednesday . The stock traded as low as $129.2875 and last traded at $129.2875. 6,743 shares changed hands during mid-day trading, a decline of 38% from the average session volume of 10,809 shares. The stock had previously closed at $132.9540.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on BDNNY shares. Kepler Capital Markets downgraded Boliden AB (publ) from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, January 28th. Barclays raised shares of Boliden AB (publ) from a “strong sell” rating to a “hold” rating in a report on Thursday, January 8th. Two research analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, Boliden AB (publ) currently has a consensus rating of “Moderate Buy”.

Boliden AB (publ) Trading Down 2.8%

The company has a 50-day moving average price of $139.82 and a 200-day moving average price of $107.73.

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.