Boliden AB (publ) (OTCMKTS:BDNNY) Releases Earnings Results

Boliden AB (publ) (OTCMKTS:BDNNY) announced its earnings results on Tuesday. The company reported $3.26 earnings per share (EPS) for the quarter, Zacks reports.

Boliden AB (publ) Price Performance

Shares of OTCMKTS:BDNNY traded up $6.06 on Tuesday, hitting $146.40. The company had a trading volume of 902 shares, compared to its average volume of 10,721. Boliden AB has a 1-year low of $53.00 and a 1-year high of $155.13. The stock has a 50 day moving average price of $115.00 and a 200 day moving average price of $90.45.

Analysts Set New Price Targets

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

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.