Boliden AB (publ) (OTCMKTS:BDNNY) Releases Earnings Results, Beats Estimates By $0.06 EPS

Boliden AB (publ) (OTCMKTS:BDNNY) released its quarterly earnings data on Tuesday. The company reported $1.67 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.61 by $0.06, Zacks reports.

Boliden AB (publ) Trading Down 7.1%

Shares of Boliden AB (publ) stock traded down $7.40 during trading on Tuesday, reaching $97.03. The company’s stock had a trading volume of 710 shares, compared to its average volume of 13,222. The business’s 50-day moving average price is $113.42 and its 200-day moving average price is $122.79. Boliden AB has a 52 week low of $61.13 and a 52 week high of $160.93.

Wall Street Analysts Forecast Growth

BDNNY has been the topic of a number of recent analyst reports. Zacks Research lowered Boliden AB (publ) from a “hold” rating to a “strong sell” rating in a report on Monday, June 22nd. The Goldman Sachs Group raised Boliden AB (publ) to a “strong sell” rating in a report on Tuesday, June 9th. Finally, Barclays raised shares of Boliden AB (publ) from a “hold” rating to a “strong-buy” rating in a research report on Thursday, May 28th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold”.

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.