Boliden AB (publ) (OTCMKTS:BDNNY) Announces Quarterly Earnings Results

Boliden AB (publ) (OTCMKTS:BDNNY) announced its earnings results on Thursday. The company reported $2.03 EPS for the quarter, Zacks reports.

Boliden AB (publ) Price Performance

Shares of OTCMKTS BDNNY traded up $0.65 during midday trading on Thursday, hitting $61.58. 7,617 shares of the company’s stock were exchanged, compared to its average volume of 12,840. The firm’s fifty day simple moving average is $59.35 and its 200-day simple moving average is $60.24. Boliden AB has a twelve month low of $49.82 and a twelve month high of $72.51.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on BDNNY shares. Barclays cut Boliden AB (publ) from a “strong-buy” rating to a “strong sell” rating in a research note on Wednesday, October 16th. Royal Bank of Canada cut Boliden AB (publ) from a “hold” rating to a “strong sell” rating in a research note on Thursday, December 5th. BNP Paribas downgraded Boliden AB (publ) from a “hold” rating to a “strong sell” rating in a research report on Friday, October 25th. Citigroup raised shares of Boliden AB (publ) to a “hold” rating in a report on Wednesday, October 9th. Finally, UBS Group raised shares of Boliden AB (publ) from a “strong sell” rating to a “hold” rating in a research report on Tuesday, January 7th. Three research analysts have rated the stock with a sell rating and three have given a hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold”.

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.