Boliden AB (publ) (OTCMKTS:BDNNY) Shares Up 1.1% – Here’s Why

Boliden AB (publ) (OTCMKTS:BDNNY) shares shot up 1.1% during mid-day trading on Monday . The stock traded as high as $97.06 and last traded at $96.80. 6,635 shares changed hands during mid-day trading, a decline of 20% from the average session volume of 8,246 shares. The stock had previously closed at $95.71.

Analyst Upgrades and Downgrades

Separately, Royal Bank Of Canada upgraded Boliden AB (publ) from a “hold” rating to a “moderate buy” rating in a report on Friday, November 7th. Two equities research analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Buy”.

Boliden AB (publ) Price Performance

The business’s 50-day moving average is $88.41 and its two-hundred day moving average is $73.64.

About Boliden AB (publ)

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.