Previous close | 54.99 |
Open | 56.60 |
Bid | 0.00 x 0 |
Ask | 0.00 x 0 |
Day's range | 56.45 - 56.80 |
52-week range | 46.97 - 72.69 |
Volume | |
Avg. volume | 22,612 |
Market cap | 2.104B |
Beta (5Y monthly) | 0.80 |
PE ratio (TTM) | 0.08 |
EPS (TTM) | 6.65 |
Earnings date | N/A |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | N/A |
Chile state-owned miner Codelco and multinational miner BHP Group signed a knowledge-sharing agreement on sustainable mining, Codelco said in a statement on Tuesday. The "collaboration accord" sets up a commission to share expertise between the two companies over the next five years in "mutual interest areas" like water use, tailings supervision, and application of advanced technologies, the statement said. "In order to imagine these new ways of doing mining, innovation is one of the main axes of our management, a focus that we can only develop in alliance with players who are equally active in this search, as is the case with BHP," Codelco's CEO Andre Sougarret said in the statement.
BHP Group's programme to support promising minerals explorers will expand beyond copper and nickel to prospective uranium and lithium projects from September, the head of its Xplor program said on Wednesday. The Xplor accelerator program chose seven projects around the world to support for six months from January in its first year this year that fit with BHP's portfolio - copper and nickel - and are key to the energy transition. BHP expects the world to need twice the amount of copper by 2030 as is produced this year, and four times the amount of nickel.
By Barani Krishnan
The latest investor updates on stocks that are trending on Monday.
BHP Group (BHP) witness year-over-year decline in revenues and earnings in the first half of fiscal 2023 due to lower iron and copper prices.
BHP Group, the world's largest-listed miner, said that the London Metal Exchange's nickel contract does not represent the physical market and reform is "long overdue". Sliding volumes since a nickel trading fiasco last year, when the LME suspended the market for more than a week, have reinforced the problem on the world's largest and oldest metals forum. A doubling of LME nickel prices to record highs above $100,000 a tonne on March 8 was triggered by the cutting of large short positions, or bets on lower prices, which led the exchange to cancel all trades for the metal that day.
Global miner BHP Group reported a steeper-than-expected 32% fall in first-half profit owing to a drop in iron ore prices, sending its shares down, although it flagged a brightening outlook in China, its biggest customer. China's strict zero-COVID-19 policy curtailed economic activity and dented demand over the past year, driving iron ore prices down from lofty levels, while miners wrestled with surging costs and a tight labour market in Australia. That missed a Vuma Financial estimate of $6.82 billion, as earnings from copper and coal came in lower than analysts had expected.
Vale (VALE) witnesses a 10% sequential decline in iron ore output in Q4 due to higher rainfall. The company provides iron ore production guidance for 2023 at 310-320 million tons.
Berkshire Hathaway, BHP Group, Accenture, The Estee Lauder Companies, and Archer-Daniels-Midland are part of the Zacks top Analyst Blog.
Today's Research Daily features a real-time update on the Q4 earnings season and new research reports on Berkshire Hathaway(BRK.B), BHP Group (BHP) and Accenture (ACN) and others.
BHP Group has signed a deal with Canada's Mundoro Capital to explore for copper in Serbia, part of a global hunt for new mineral deposits to power the green energy boom. The agreement offers BHP the option to take a stake in three exploration areas that Mundoro holds in Serbia's Timok mining region, to the country's east. Mundoro is a Canadian listed mining investment company that focuses on generating revenue from royalties.
BHP Group (BHP) produces 132 Mt of iron ore in the first half of fiscal 2023 and remains on track to achieve its guidance of 249-260 Mt in fiscal 2023.
Here is how BHP (BHP) and Commercial Metals (CMC) have performed compared to their sector so far this year.
AIR, KLBAY and BHP made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on December 27, 2022.
Here is how BHP (BHP) and Gerdau (GGB) have performed compared to their sector so far this year.
BHP, CCEP and HTGC made it to the Zacks Rank #1 (Strong Buy) income stocks list on December 27, 2022.
PARR, ACR, ALGM, BHP and MYE have been added to the Zacks Rank #1 (Strong Buy) List on December 27, 2022.
Linde, BP, PayPal Holdings, BHP Group and Kimberly-Clark are part of the Zacks top analyst blog.
BHP Group (BHP) announces that OZ Minerals Limited has agreed to its $6.4 billion offer. This deal will boost its exposure to nickel and copper and enable the company to ride the energy transition trend.
BHP Group (BHP) has made a revised offer to OZ Minerals Limited in a bid to enhance its exposure to copper and nickel and capitalize on their growing demand.
BHP, HTGC, CAT, CMC and KNSL have been added to the Zacks Rank #1 (Strong Buy) List on December 21, 2022.