Boliden AB (publ) (OTCMKTS:BDNNY) Trading 0.5% Higher – Here’s Why

Boliden AB (publ) (OTCMKTS:BDNNY) shot up 0.5% during trading on Monday . The stock traded as high as $108.96 and last traded at $108.03. 8,751 shares changed hands during trading, an increase of 7% from the average session volume of 8,183 shares. The stock had previously closed at $107.5250.

Wall Street Analysts Forecast Growth

Separately, Royal Bank Of Canada upgraded shares of Boliden AB (publ) from a “hold” rating to a “moderate buy” rating in a research note on Friday, November 7th. Two research analysts have rated the stock with a Strong Buy rating, one has given a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Buy”.

Boliden AB (publ) Trading Up 0.5%

The company has a fifty day moving average of $93.57 and a two-hundred day moving average of $77.29.

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.