BBL - BHP Group: Improving Metal Prices Pave Way For Gradual But Sustainable Price Recovery
Thesis
BHP Group's (BBL) share price has had a turbulent run during the past 6 months. The share price touched its 52-week lows of $23.64 following the COVID-19-triggered market crash in mid-March and has recovered since then. As BHP is a mining giant that's invested heavily in multiple significant business segments, including petroleum, copper, iron ore, coal, and nickel, a detailed analysis of BBL's each and every business segment is beyond the scope of a single article. That said, the focus of this article's discussion will be BBL's two most significant business segments namely iron