|Bid||0.00 x 900|
|Ask||0.00 x 1100|
|Day's range||58.86 - 59.62|
|52-week range||37.88 - 68.05|
|Beta (5Y monthly)||0.84|
|PE ratio (TTM)||21.65|
|Forward dividend & yield||3.12 (5.24%)|
|Ex-dividend date||04 Mar 2021|
|1y target est||80.50|
BHP Group plans to almost double exploration spending for base metals within five years, its Chief Technical Officer Laura Tyler said on Wednesday, after shifting its exploration headquarters to Canada. "Over the years we believe we have spent less than we should be spending on exploration," Tyler told Reuters in an interview. Global exploration spending for base metals will nearly double within five years from the current annual $70 million to $80 million, she said, excluding outlays for early-entry joint ventures.
With the prospects of copper appearing bright thanks to the EV revolution, stocks like FCX, SCCO, BHP and TECK look promising.
Investors were focused on central banks and private sector PMI data. In Britain, Wednesday marked the fifth anniversary of the Brexit vote, although this was more symbolic than market-moving.