Boliden AB (publ) (OTCMKTS:BDNNY) Downgraded by Zacks Research to Strong Sell

Zacks Research cut shares of Boliden AB (publ) (OTCMKTS:BDNNY) from a hold rating to a strong sell rating in a research report report published on Monday,Zacks reports.

Separately, Berenberg Bank downgraded Boliden AB (publ) from a “strong-buy” rating to a “hold” rating in a report on Wednesday, July 22nd. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, Boliden AB (publ) has a consensus rating of “Hold”.

Boliden AB (publ) Price Performance

OTCMKTS:BDNNY opened at $102.20 on Monday. The stock has a 50 day simple moving average of $109.06 and a 200 day simple moving average of $117.79. Boliden AB has a 1-year low of $84.54 and a 1-year high of $160.93.

About Boliden AB (publ)

Boliden AB (publ) is a Sweden-based metals and mining company engaged in the exploration, mining, smelting and recycling of base and precious metals. Its principal products include zinc, copper, lead, nickel, gold and silver, which are supplied to industrial customers and metal markets, primarily in Europe.

The company operates mines and metallurgical facilities in the Nordic region and has historically maintained mining operations in Sweden, Finland, Ireland and other parts of Europe.