Boliden AB (publ) (OTCMKTS:BDNNY – Get Free Report) was the target of a significant decline in short interest in the month of October. As of October 15th, there was short interest totalling 1,200 shares, a decline of 67.6% from the September 30th total of 3,700 shares. Based on an average daily volume of 11,400 shares, the short-interest ratio is currently 0.1 days.
Wall Street Analyst Weigh In
BDNNY has been the topic of a number of recent research reports. UBS Group cut Boliden AB (publ) from a “hold” rating to a “strong sell” rating in a research note on Wednesday. Citigroup raised shares of Boliden AB (publ) to a “hold” rating in a report on Wednesday, October 9th. Berenberg Bank raised Boliden AB (publ) to a “hold” rating in a report on Monday, September 16th. Finally, Barclays lowered Boliden AB (publ) from a “strong-buy” rating to a “strong sell” rating in a research note on Wednesday, October 16th.
Read Our Latest Analysis on Boliden AB (publ)
Boliden AB (publ) Stock Performance
Boliden AB (publ) (OTCMKTS:BDNNY – Get Free Report) last announced its earnings results on Tuesday, October 22nd. The company reported $1.60 earnings per share for the quarter. The business had revenue of $2.13 billion for 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.
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