Clearly the market is finally catching with the thoughts of most on here.
At the start of this year I thought BHP would hit $40 sometime this year (my thoughts only). BHP seems well on track now and will hopefully hit this figure later this year.
BHP, being Australia's leading resources company has been oversold of late. BHP is still on a reasonable PE ratio and quite an attractive dividend yield for such a large global resources stock. Sentiment has also helped resource stocks by the election of a pro-mining government (e.g. anti-carbon tax and anti-mining tax).
Pecora, the latest "qtrly looks good" you say. I couldn't agree with you more. Of note, BHP has upgraded its iron ore production guidance for the fiscal year from 207 to 212 million tonnes.
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Last
$41.98 |
Change
-0.510(1.20%) |
Mkt cap ! $212.9B | |||
| Open | High | Low | Value | Volume |
| $41.51 | $41.98 | $41.45 | $377.1M | 9.014M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 200 | $41.92 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $41.99 | 1547 | 3 |
View Market Depth
| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| BHP (ASX) Chart |