Exploring BHP (ASX:BHP) Valuation After Recent Share Price Movements
If you’re watching BHP Group (ASX:BHP), the recent shift in its stock price might have you wondering if there’s something behind the move or if it’s just another day in the life of a top-tier mining company. With no single event or headline grabbing the market’s attention, it’s the kind of movement that prompts investors to ask whether the market is sending a signal, or if there’s an opportunity forming beneath the surface.
So how does the latest price action fit into the broader story for BHP Group? Over the past year, shares have delivered a 7% total return and strengthened further in the past 3 months with a 9% gain, though momentum has seen its ups and downs. Even as revenue shrank slightly this year, net income edged…