|Bid||72.81 x 800|
|Ask||0.00 x 1300|
|Day's Range||71.65 - 74.05|
|52 Week Range||38.20 - 81.82|
|Beta (5Y Monthly)||0.90|
|PE Ratio (TTM)||26.89|
|Forward Dividend & Yield||3.12 (4.22%)|
|Ex-Dividend Date||Mar. 04, 2021|
|1y Target Est||85.90|
Is (BBL) Outperforming Other Basic Materials Stocks This Year?
BHP Group Ltd said on Wednesday it expects annual iron ore production at the upper end of its forecast, although bad weather and planned maintenance at its operations in Western Australia sent third-quarter output nearly 2% lower. Supply constraints from Brazil have also supported prices, benefiting major iron ore miners such as BHP, Rio Tinto and Fortescue Metals Group Ltd. On Tuesday, Rio Tinto said quarterly shipments rose 7%, although wet weather and labour shortages led its iron ore output lower.
Vale's (VALE) first-quarter 2021 iron ore production increases 14% year over year as it continues its operational stabilization and resumption plan. Yet, the figure misses estimates.