The Bhp Share Price for today is $45.00 per share. BHP Billiton is a world leader in the production and marketing of major commodities, including mineral resources, petroleum, metals and industrial minerals. The company’s operations span the globe with a diverse portfolio of assets and activities in more than 25 countries.
The BHP share price is currently sitting at $37.50, up from its previous close of $36.76. This represents a gain of around 1% for the day. The shares have been on a strong uptrend in recent weeks, gaining around 9% since the start of October.
Investors appear to be bullish on the prospects for the company, with positive sentiment surrounding its exposure to commodities markets and its ongoing cost-cutting efforts.
Rio Tinto Share Price
The Rio Tinto share price is down today after the company announced it would be taking a $3 billion impairment charge on its aluminum business. This follows years of declining prices for the metal and challenges in the market.
Rio Tinto is one of the world’s largest aluminum producers, and the impairment charge will hit its bottom line hard.
However, the company says that it remains committed to the aluminum business and is taking steps to improve performance. It’s also worth noting that Rio Tinto has significant operations in other commodities like iron ore and copper, so while this news is disappointing, it’s not entirely unexpected.
Investors will be closely watching to see how Rio Tinto navigates these challenges in the months ahead.
For now, though, the shares are under pressure as investors digest this latest news.
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Is Bhp a Good Stock to Buy?
BHP Billiton is a leading global resources company. The company’s main business activities include exploration, production and marketing of major commodities, including iron ore, metallurgical coal, copper and uranium. The company also has significant interests in oil and gas.
BHP Billiton is one of the world’s largest mining companies and has operations in more than 25 countries. The company is headquartered in Melbourne, Australia and employs approximately 60,000 people worldwide.
The company’s share price has been volatile in recent years, due to factors such as commodity price fluctuations and concerns about the global economy.
However, BHP Billiton remains a strong performer overall and is well-positioned to benefit from continued growth in demand for natural resources.
As such, BHP Billiton is a good stock to buy for investors looking for exposure to the mining sector.
What is the Highest Price for Bhp Shares?
BHP Billiton plc (ADR) (NYSE: BBL) is a British-Australian multinational mining, metals and petroleum company headquartered in Melbourne, Australia. It is the world’s largest mining company measured by 2015 market capitalisation and second-largest measured by revenue after Glencore. The highest price for BHP shares was $43.74 on February 20, 2020.
Is Bhp Being Shorted?
BHP Billiton (BHP) is an Anglo-Australian multinational mining, metals and petroleum company. It is the world’s largest miner of iron ore and bauxite, and the second largest producer of aluminum. BHP is also a major producer of copper, lead, zinc and nickel.
The company has operations in Australia, Brazil, Canada, Chile, China, Colombia Ecuador , Peru , South Africa and Zambia .
BHP Billiton is not currently being shorted by investors. However, some investors may have sold their BHP shares short in the past year or so as the stock price has declined significantly from its 52-week high of $45.86 per share.
As of June 2018 , BHP was trading at around $30 per share.
What is the Target Price for Bhp?
BHP Billiton (BHP) is an Anglo-Australian multinational mining, metals and petroleum company headquartered in Melbourne, Australia. It is the world’s largest miner of iron ore and second largest miner of coking coal.
The company was created in 2001 through the merger of BHP and Billiton plc.
The merged entity owns and operates a diversified portfolio of assets with significant scale in key commodities including iron ore, metallurgical coal, copper and uranium.
It also has substantial interests in oil, gas, energy coal and petrochemicals.
BHP is organised into five business divisions: Minerals Australia; Petroleum; Copper; Iron Ore and Manganese; and Coal.
The company’s Australian operations account for the lion’s share of its overall business, with minerals exploration, development and production activities concentrated in Western Australia, Queensland and New South Wales.
In terms of market capitalisation, BHP is one of the world’s largest companies as at June 2013with a value US$128 billion. As at 30 June 2014, BHP ranked fourth on the ASX 200 index behind Commonwealth Bank of Australia (CBA), Westpac Banking Corporation (WBC)and National Australia Bank Limited (NAB).
BHP shares ‘expected to rise’ off the back of strong results
Conclusion
The BHP share price is down 3.5% on the news that the company has agreed to sell its US shale assets for $10.8 billion. This follows a strategic review of the business, which was announced in August. The sale is expected to be completed by the end of the year and will result in a pre-tax impairment charge of around $2.8 billion.
