Boliden AB (publ) (OTCMKTS:BDNNY) Upgraded to “Hold” at Zacks Research

Zacks Research upgraded shares of Boliden AB (publ) (OTCMKTS:BDNNY) from a strong sell rating to a hold rating in a research note issued to investors on Wednesday,Zacks reports.

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

Boliden AB (publ) Stock Down 4.2%

Shares of OTCMKTS BDNNY opened at $101.78 on Wednesday. Boliden AB has a fifty-two week low of $84.54 and a fifty-two week high of $160.93. The firm’s 50-day simple moving average is $107.06 and its 200 day simple moving average is $117.00.

About Boliden AB (publ)

Boliden AB (publ) is a Swedish mining and metals company engaged in the exploration, extraction, processing and recycling of base and precious metals. Its principal products include zinc, copper, lead, nickel, gold and silver, along with other metals recovered as byproducts.

Founded in 1924 following the discovery of a gold deposit near Boliden in northern Sweden, the company has developed an integrated business spanning mines, concentrators, smelters and recycling facilities. Its mining operations produce ore and concentrates, while its smelters process both mined materials and secondary raw materials into refined metals and metal products.

Boliden serves industrial customers and metal markets internationally, with operations and facilities primarily located in Sweden, Finland, Norway and Ireland.