Boliden AB (BDNNF, BDNNY), a Swedish zinc-focused mining and smelting company, is a typical value stock, which trades at ~8.9x P/E on Nasdaq Stockholm. Its cheap valuation is underpinned by faint EPS prospects and tepid revenue growth in 2019-2021. However, at the moment, the company is FCF positive ((TTM)) and dividend-paying. Its balance sheet is not distressed, and leverage is safe and manageable. Yet, I reckon the stock might be apt only for investors with a long-term horizon (over five years) focused on dividends (share yields ~5.7%, including ordinary DPS and share