Goldman Sachs Issues 'Sell' Rating for Boliden, Expects 13% Decline

Goldman Sachs has issued a 'sell' rating for Swedish mining company Boliden, forecasting a 13% decline in its shares. The assessment is based on expected risks at the Garpenberg mine, particularly in 2026. Analysts note that operational challenges and potential production disruptions at Garpenberg could negatively impact Boliden's financial performance, dragging down short-term profitability expectations. The report states that Boliden's current market value does not fully reflect these risks, suggesting the stock's fair value is below the current price and that investors should take a sell position. This is not investment advice.