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20 Oct

bhp share price forecast asx

Please seek independent financial advice regarding your own situation, or if in doubt about the suitability of an investment. Markit Short Selling Activity © Markit. Any information that you receive via FT.com is at best delayed intraday data and not "real time". The BHP Group Ltd [ASX:BHP] share price fell over 42% from its high in January to the low in March. The Iron Ore segment is engaged in mining of iron ore. Any actual or potential gains in these reports may not include taxes, brokerage commissions, or associated fees. Its businesses include Minerals Australia, Minerals Americas, Petroleum and Marketing. Five Aussie superstars paying top dividends and set to thrive in the post-pandemic era. Its segments include Petroleum, Copper, Ir. on Ore and Coal. The Petroleum segment is engaged in the exploration, development and production of oil and gas. The Company extracts and processes minerals, oil and gas from its production operations located primarily in Australia and the Americas. BHP:ASX price rises above 50-day moving average to 37.24 at 11:32 BST Oct 15 2020 Key statistics On Friday, BHP Group Ltd (BHP:ASX) closed at 36.25, -12.59% below its 52-week high of 41.47, set on Jan 22, 2020. The Australian-based miner saw its share price hit hard when the ASX 200 [XJO] tanked in February 2020. The Copper segment is engaged in mining of copper, silver, lead, zinc, molybdenum, uranium and gold. To benefit from this content, plus our exclusive data archive, subscribe to the FT today. BHP Group Ltd, formerly BHP Billiton Ltd, is a global resources company. The interactive charting tool provides extensive upper and lower indicators, news and fundamental overlays, and comparison features. Should the price manage to push up through this level, then the level of $40.30 may provide future resistance. Some figures contained in our reports are forecasts and may not be a reliable indicator of future results. The Company extracts and processes minerals, oil and gas from its production operations located primarily in Australia and the Americas. You must therefore seek independent legal, investment or other appropriate advice from a suitably qualified and/or authorised and regulated advisor prior to making any legal, investment or other decision. PEG Ratio: BHP's earnings are forecast to decline next year, so we can't calculate its PEG ratio. With a current market cap of around $113 billion and an expectation of strong cash flow outlined in their results, BHP looks to have steadied the ship. Will the ECB expand its bond-buying programme? Director dealings, financials and forecasts are now only available to FT.com subscribers. FT is not responsible for any use of content by you outside its scope as stated in the. The Iron Ore segment is engaged in mining of iron ore. Price to Book Ratio PB vs Industry : BHP is overvalued based on its PB Ratio (2.8x) compared to the AU Metals and Mining industry average (2.5x). All advice is general in nature and has not taken into account your personal circumstances.

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