Boliden AB (publ) (OTCMKTS:BDNNY) Cut to Strong Sell at Barclays

Barclays lowered shares of Boliden AB (publ) (OTCMKTS:BDNNY) from a strong-buy rating to a strong sell rating in a research report released on Wednesday, Zacks.com reports.

A number of other research firms have also issued reports on BDNNY. Citigroup raised Boliden AB (publ) to a “hold” rating in a report on Wednesday, October 9th. UBS Group raised Boliden AB (publ) to a “hold” rating in a report on Friday, September 13th. Finally, Berenberg Bank raised Boliden AB (publ) to a “hold” rating in a report on Monday, September 16th.

Boliden AB (publ) Price Performance

Shares of OTCMKTS BDNNY opened at $63.25 on Wednesday. The business’s 50-day simple moving average is $61.29 and its 200-day simple moving average is $63.57. Boliden AB has a 52 week low of $48.66 and a 52 week high of $72.51.

Boliden AB (publ) (OTCMKTS:BDNNY) last released its earnings results on Friday, July 19th. The company reported $2.47 earnings per share (EPS) for the quarter. The business had revenue of $2.13 billion during the quarter.

Boliden AB (publ) Company Profile

Boliden AB (publ) engages in the extracting, producing, and recycling of base metals in Sweden, Finland, other Nordic region, Germany, the United Kingdom, Europe, North America, and internationally. The company operates through two segments, Business Area Mines and Business Area Smelters. It explores for copper, zinc, nickel, lead, gold, silver, cobalt, sulphuric acid, tellurium, platinum, and palladium deposits.