Shares of BHP Group PlcSponsored ADR (BBL) Rise Above Previous 52-Week High

February 22, 2021 11:04:56

Shares of BHP Group PlcSponsored ADR (NYSE:BBL) traded today at $64.48, eclipsing its 52-week high. So far today approximately 507,000 shares have been exchanged, as compared to an average 30-day volume of 1.5 million shares.

BHP is a leading global diversified miner supplying iron ore, copper, oil, gas, and metallurgical coal. A 2001 dual-listed merger of BHP Limited (now BHP Ltd.) and Billiton PLC (now BHP PLC) created the present-day BHP. Shareholders in each company have equivalent economic and voting rights in BHP as a whole. Major assets include Pilbara iron ore, Queensland coking coal, Escondida copper and conventional petroleum assets, principally in Australia and the Gulf of Mexico. Onshore U.S. oil and gas assets were sold in 2018.

In the past 52 weeks, BHP Group PlcSponsored ADR share prices are bracketed by a low of $23.08 and a high of $64.48 and is now at $64.27, 178% above that low price.

Based on a current price of $64.27, BHP Group PlcSponsored ADR is currently 2.8% above its average consensus analyst price target of $62.49.

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