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Boliden AB ( (SE:BOL) ) has issued an update.
Boliden AB has raised concerns over the Finnish government’s proposed changes to tax levels for mining activities, which could increase annual costs by 20-30 million euros for its Kevitsa mine. The company argues that the proposal lacks proper impact assessments and could negatively affect the investment climate and European raw material supplies, urging the government to withdraw the proposal.
The most recent analyst rating on (SE:BOL) stock is a Sell with a SEK300.00 price target. To see the full list of analyst forecasts on Boliden AB stock, see the SE:BOL Stock Forecast page.
More about Boliden AB
Boliden AB is a European producer of sustainable metals, operating in exploration, mining, smelting, and recycling. The company employs around 8,000 people and generates annual revenues of approximately SEK 90 billion. Boliden is listed in the Large Cap segment of NASDAQ OMX Stockholm.
YTD Price Performance: 4.03%
Average Trading Volume: 1,044,776
Technical Sentiment Signal: Buy
Current Market Cap: SEK91.8B
For a thorough assessment of BOL stock, go to TipRanks’ Stock Analysis page.