Boliden AB (publ) (OTCMKTS:BDNNY) Upgraded by Zacks Research to Hold Rating

Zacks Research upgraded shares of Boliden AB (publ) (OTCMKTS:BDNNY) from a strong sell rating to a hold rating in a research report sent to investors on Tuesday,Zacks.com reports.

Other equities analysts also recently issued research reports about the company. The Goldman Sachs Group raised Boliden AB (publ) to a “strong sell” rating in a research report on Tuesday, June 9th. Barclays raised Boliden AB (publ) from a “hold” rating to a “strong-buy” rating in a report on Thursday, May 28th. One analyst has rated the stock with a Strong Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold”.

Boliden AB (publ) Trading Up 3.8%

Shares of BDNNY opened at $102.10 on Tuesday. Boliden AB has a 52 week low of $61.13 and a 52 week high of $160.93. The firm’s 50-day simple moving average is $112.80 and its 200 day simple moving average is $122.64.

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.