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Apply the various valuation models and relative measures taught in this course to access wether BHP share is correctly valued The mining sector in Australia

image text in transcribedApply the various valuation models and relative measures taught in this course to access wether BHP share is correctly valued

The mining sector in Australia rewarded many investors in the good times of mining boom. One of the popular shares in this sector was BHP Group Ltd (ASX: BHP). Apart from mining of iron ore the company has been pumping oil and gas from the ground in the past 50 years, but now it may be the time for them to turn off the crude taps as a result of investors' concern over environmental risk, social risk and corporate governance risk. On 22 July 2021, BHP announced the signing of a nickel supply : agreement with Tesla and will collaborate with the electric carmaker on lowering carbon emissions in the battery supply chain where other large automakers are also aiming for long-term decarbonization. The BHP share was traded at $37.50 on 22 July 2020 and closed at $51.45 on 22 July 2021, representing 37% increase in share price plus a dividend yield of 4% fully franked

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