Boliden AB (BDNNF, BDNNY), a Swedish mining & smelting firm, published its 2Q and 1H19 results on July 19. After reading the release and examining the IFRS P&L, CF statements, and the consolidated balance sheet, I reckon the zinc-focused company remains relatively undervalued, as I pointed out in my first article on the stock two months ago. However, the fundamentals are not the only matter that influences the market value of equity and investor sentiment, and an extensive range of economic indicators and geopolitical issues that move the markets should be factored