Companies like BHP Group and Rio Tinto are behemoths of the mining industry with several assets under their diversified portfolio. There are many mining companies that operate multiple mines and extract several metals, including gold, silver, copper, iron ore, and rare earths.The diversified product base of the company could be leveraged to hedge the investment when the market is not supporting the gold price. The mining company could lower the production of gold for some time and would focus more on other metals, and at the end of the year, they would manage to achieve their financial outlook for the period.
Re investment plan, page-11
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Last
$42.68 |
Change
-0.470(1.09%) |
Mkt cap ! $216.4B | |||
| Open | High | Low | Value | Volume |
| $42.71 | $43.20 | $42.68 | $463.8M | 10.82M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 13572 | $42.68 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $42.70 | 457 | 1 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| BHP (ASX) Chart |