BHP share price was at 13.42 in Feb. 2016. Its commodity...

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adolflinz

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07/01/25

23:53

Post #: 77309935
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Originally posted by gbgirl: ↑

BHP (BHP)
BHP market cap is down 27 per cent over the past year. Miners typically have volatile earnings and therefore volatile share prices. I suggest clients buy mining stocks while the share prices are off and BHP is currently suited for this strategy. The shares were trading above $50 in January 2024 and are now under $40. The market is concerned that China’s growth is slowing and therefore will require less of BHP’s commodities. This theory is not yet a reality and although China have high stockpiles at their ports, they continue to buy our Iron ore in record volumes. BHP has more commodity diversification than the other large miners and this adds a level of protection. I expect to see BHP up above $45 this year. As a cyclical stock with a volatile share price, this company is not a “Buy and Hold” and needs to be traded to realise the potential profits.

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BHP share price was at 13.42 in Feb. 2016. Its commodity diversification was irrelevant at that time.

BHP Price at posting: $38.70 Sentiment: Sell Disclosure: Not Held
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(20min delay)
Last $37.53		Change 0.190(0.51%)		Mkt cap ! $191.3B

Open	High	Low	Value	Volume
$36.94	$37.73	$36.92	$93.45M	2.507M

Buyers (Bids)

No.	Vol.	Price($)
13	1396	$37.53

Sellers (Offers)

Price($)	Vol.	No.
$37.54	1647	13

View Market Depth

No.	Vol.	Price($)
13	1396	37.530
12	2121	37.520
12	2559	37.510
16	5211	37.500
13	4566	37.490

Price($)	Vol.	No.
37.540	1647	13
37.550	8263	13
37.560	2732	11
37.570	2538	8
37.580	2440	7

Last trade - 11.00am 16/06/2025 (20 minute delay)

BHP (ASX) Chart

BHP share price was at 13.42 in Feb. 2016. Its commodity...

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Listen: HotCopper Wire Podcast 013 - They changed the IPO rules (and that's a good thing)

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BHP share price was at 13.42 in Feb. 2016. Its commodity...

Top Stories

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Featured News