The stock of BHP Billiton plc (ADR) (NYSE:BBL) is a huge mover today! About 773,787 shares traded hands. BHP Billiton plc (ADR) (NYSE:BBL) has risen 25.38% since March 4, 2016 and is uptrending. It has outperformed by 17.34% the S&P500.
The move comes after 7 months positive chart setup for the $88.87B company. It was reported on Oct, 7 by Barchart.com. We have $40.43 PT which if reached, will make NYSE:BBL worth $26.66B more.
According to Zacks Investment Research, “Billiton is one of the world’s major resource groups. It is one of the world’s largest producers of aluminum, the world’s largest exporter of thermal coal and has a controlling interest in the world’s leading integrated producer of ferrochrome and ferromanganese. The company also has a 50 percent interest in Richard Bay Minerals, the world’s largest producer of titanium dioxide slag.”
More important recent BHP Billiton plc (ADR) (NYSE:BBL) news were published by: Quotes.Wsj.com which released: “DOW JONES, A NEWS CORP COMPANY” on February 12, 2011, also Marketwatch.com published article titled: “/quotes/zigman/3870025/realtime”, Benzinga.com published: “Investors Can Buy Shares Of BHP Billiton Plc Or BHP Billiton Ltd.: What Is The …” on August 24, 2016. More interesting news about BHP Billiton plc (ADR) (NYSE:BBL) was released by: Fool.com and their article: “Better Buy Now: Rio Tinto Vs. BHP Billiton” with publication date: March 23, 2016.
BBL Company Profile
BHP Billiton Plc, incorporated on May 9, 1996, is engaged in exploration, development, production, processing and marketing of minerals, in respect of iron ore, metallurgical and energy coal, copper, aluminum, manganese, uranium, nickel, silver and potash, and exploration, development, production and marketing of conventional and unconventional gas and oil. The Firm operates through divisions, including Petroleum and Potash, Copper, Iron Ore and Coal. The Company’s Petroleum and Potash segment is engaged in exploration, development and production of gas and oil and potash pre-development. The Copper segment is engaged in mining of copper, silver, lead, zinc, molybdenum, uranium and gold. The Iron Ore segment is engaged in mining of iron ore. The Coal segment is engaged in mining of metallurgical coal and thermal (energy) coal.
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