|Bid||56.80 x 900|
|Ask||57.08 x 900|
|Day's range||56.61 - 57.27|
|52-week range||46.90 - 82.07|
|Beta (5Y monthly)||0.89|
|PE ratio (TTM)||12.76|
|Forward dividend & yield||6.02 (10.48%)|
|Ex-dividend date||02 Sep 2021|
|1y target est||58.90|
"We like the geology of the area, and Noront has the best land position in that area," Johan van Jaarsveld, BHP's chief development officer, told Reuters. Should BHP's offer prevail, the mine would be run completely on renewable electricity, van Jaarsveld said. If Noront shareholders support BHP's offer, "this could all be over by mid-November," van Jaarsveld said.
BHP Group (BHP) reports a 4% drop in iron ore production in the first quarter of fiscal 2022. The company expects to produce between 249 Mt and 259 Mt of iron ore in fiscal 2022.
BHP Group investors endorsed the miner's climate change roadmap on Thursday, despite concerns that its long-term plans to tackle customers' greenhouse gas emissions do not go far enough. Proxy advisers Glass Lewis and the Local Authority Pension Fund Forum (LAPFF) had recommended that investors vote against the plan, with the first saying that the company was not specific enough about disclosures of customer emissions. BHP has said it is pursuing the goal of net zero emissions by 2050 for its customers, including the heavily polluting steel industry.