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Boliden AB ( (SE:BOL) ) just unveiled an announcement.
Boliden AB has received approval from the Swedish Mining Authority for a mining concession at the Laver deposit, allowing the extraction of copper, gold, silver, and molybdenum. This development is expected to significantly enhance Europe’s copper supply. Further steps, including exploration and environmental assessments, are required before final investment decisions can be made.
The most recent analyst rating on (SE:BOL) stock is a Hold with a SEK340.00 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 leading European producer of sustainable metals, focusing on 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.
Average Trading Volume: 979,414
Technical Sentiment Signal: Strong Buy
Current Market Cap: SEK92.6B
For detailed information about BOL stock, go to TipRanks’ Stock Analysis page.