Boliden AB (publ) (OTCMKTS:BDNNY) Trading 3.7% Higher – Still a Buy?

Boliden AB (publ) (OTCMKTS:BDNNY)’s stock price was up 3.7% during trading on Tuesday . The company traded as high as $155.8014 and last traded at $154.82. Approximately 8,930 shares changed hands during mid-day trading, a decline of 14% from the average daily volume of 10,391 shares. The stock had previously closed at $149.29.

Analyst Ratings Changes

A number of research analysts have recently issued reports on BDNNY shares. Kepler Capital Markets cut shares of Boliden AB (publ) from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, January 28th. Royal Bank Of Canada upgraded Boliden AB (publ) from a “hold” rating to a “moderate buy” rating in a research report on Friday, November 7th. Finally, Barclays upgraded Boliden AB (publ) from a “strong sell” rating to a “hold” rating in a report on Thursday, January 8th. Two analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, Boliden AB (publ) currently has a consensus rating of “Moderate Buy”.

Boliden AB (publ) Stock Performance

The firm’s 50-day moving average price is $129.80 and its 200 day moving average price is $99.53.

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.