3 reasons why the BHP share price could be a buy

Three businesspeople leap high with the CBD in the background.

Image source: Getty Images

Buying at the current BHP Group Ltd (ASX: BHP) share price could be attractive for investors wanting exposure to the ASX mining share.

As the chart below shows, the company is not that close to its 52-week low, but it could still be a good investment at the current valuation for a few different reasons.

However, the current valuation is 5% lower than where it was at the end of August, which is a fairly sizeable drop for a company that has a market capitalisation of around $200 billion. This could be the right time to pounce for interested investors.

Let’s get into the positive reasons why it could be a good investment for the long-term at this level.

Copper exposure

BHP has made a significant effort over the…

Source link