Connect with us


Is the BHP (ASX:BHP) share price a buy right now?




Is the BHP Group Ltd (ASX: BHP) share price a buy right now? Over the last month it has been as high as $48 and also below $45.

The resources giant is also exactly where it was after it reported a couple of months ago.

FY21 half-year result

BHP reported a mixed set of numbers for the first six months of FY21.

The statutory profit of US$3.9 billion was down 20% compared to the prior corresponding period. However, this included a one-off loss of US$2.2 billion predominately related to the impairments of New South Wales Energy Coal (NSWEC) and the associated deferred tax assets, and Cerrejon.

However, the underlying attributable profit was up 16% to US$6 billion with net operating cashflow increasing 26% to US$9.4 billion.

BHP has…

Click here to view the original article.

Continue Reading

You might also like ...

Article feature image
International Energy Agency says radical change needed to reach net zero emissions by 2050 – ABC News
Article feature image
NAB data shows what is being bought for instant asset write-offs –