On the back of extreme endogenous and exogenous headwinds, Boliden reported dismal Q2 results. Disappointingly, the weakness in Mining was worse than Smelting – where a massive fire accident crippled operations. The situation was further complicated by a difficult macro/operating environment. While the issues may not subside anytime soon, today’s colossal sell-off and the significant share price weakness in recent months has opened up an opportunity to bank on a firm that’s capable of gradually ....

20 Jul 2023
A dismal Q2; the stock remains a compelling long-term bet but patience will be needed

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A dismal Q2; the stock remains a compelling long-term bet but patience will be needed
- Published:
20 Jul 2023 -
Author:
Varun Sikka -
Pages:
4 -
On the back of extreme endogenous and exogenous headwinds, Boliden reported dismal Q2 results. Disappointingly, the weakness in Mining was worse than Smelting – where a massive fire accident crippled operations. The situation was further complicated by a difficult macro/operating environment. While the issues may not subside anytime soon, today’s colossal sell-off and the significant share price weakness in recent months has opened up an opportunity to bank on a firm that’s capable of gradually ....