Boliden AB’s stock price declined following the US announcement of new tariffs on copper imports, which led to a drop in copper prices and a negative market reaction.
Boliden AB’s stock price was influenced by analyst reports, including lower price targets from JP Morgan and Citigroup, and market trends, despite a positive overall market sentiment.
Boliden’s share price remains stable at 295.1 SEK, despite market volatility, thanks to the company’s solid fundamentals and ability to adapt to changing economic conditions.
Boliden AB’s stock price has declined due to a surplus of copper and zinc in the market, leading to decreased investor optimism and a reduction in stake by major investor Swedbank Robur.
Boliden AB has completed the acquisition of Somincor and Zinkgruvan, expanding its zinc and copper production capabilities and expected to nearly double its zinc concentrate production.