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Boliden Strengthens European Base Metals Position with New Acquisitions

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Boliden Strengthens European Base Metals Position with New Acquisitions

Elevate Your Investing Strategy:

Boliden AB ( (SE:BOL) ) has issued an update.

Boliden AB has successfully integrated new mines, Somincor and Zinkgruvan, into its operations, enhancing its position in the European base metals market. Despite challenging market conditions, including a weaker USD and extensive maintenance, Boliden reports stable production and strong cash flow. The company is optimistic about the value creation potential from its recent acquisitions and ongoing investments in smelter projects, while also addressing production challenges at Aitik and Garpenberg.

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 leading European company in the mining and smelting industry, specializing in base metals. The company focuses on mining production and smelting operations primarily within Europe, positioning itself as a key player in the region’s under-dimensioned mining sector.

Average Trading Volume: 1,112,981

Current Market Cap: SEK85.98B

See more insights into BOL stock on TipRanks’ Stock Analysis page.

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