BHP Share Price ASX – Live Quote, Performance & Buy Guide
BHP Group Limited (ASX: BHP) closed at $51.23 AUD on 2 April 2026, marking a decline of 1.33 AUD or 2.53% from the opening bell. The world’s largest mining company by market capitalisation has navigated volatile commodity markets throughout 2026, with shares trading significantly below the $59.39 peak reached in early March.
The dual-listed resources giant maintains primary operations across copper, iron ore, coal, and petroleum assets throughout Australia and the Americas. With a workforce exceeding 62,000 employees, BHP’s share price serves as a bellwether for global commodity demand and investor sentiment regarding basic materials sectors.
What is the Current BHP Share Price on ASX?
- Immediate decline: Shares dropped 3.18% from the previous session’s close of $52.91, reflecting intraday selling pressure.
- Market valuation: BHP commands a market capitalisation of 221.08 billion AUD, representing a 1.36% increase over the preceding week.
- Income metric: The stock carries an indicated dividend yield of 3.93%, appealing to income-focused portfolios.
- Valuation discount: Trading at 12.2x to 15.88x price-to-earnings, BHP sits below the basic materials sector average of 14.5x.
- Volatility profile: A beta coefficient of 0.97 indicates marginally lower volatility than the broader market benchmark.
- Year-to-date performance: The stock has advanced 12.52% since opening 2026 at $45.53.
- Trading range: The 52-week span extends from $45.37 to $59.39, with the current price near the median band.
| Metric | Value |
|---|---|
| Current Price | $51.23 AUD |
| Previous Close | $52.91 AUD |
| Daily Change | -1.33 AUD (-2.53%) |
| Market Cap | 221.08 B AUD |
| 52-Week High | $59.39 AUD |
| 52-Week Low | $45.37 AUD |
| P/E Ratio (TTM) | 12.2x – 15.88x |
| EPS (TTM) | 2.75 AUD |
| Dividend Yield | 3.93% |
| Beta (1Y) | 0.97 |
| Price/Book | 3.0x |
| Revenue (FY) | 79.15 B AUD |
How Has BHP Share Price Performed Recently?
Daily Price Action
Recent trading sessions reveal heightened volatility. On 2 April, shares oscillated between an intraday low of $51.02 and high of $53.07 before settling at $51.23. The preceding session, 1 April, delivered a modest gain of 0.11% to close at $52.56, while 31 March saw a slight contraction of 0.22% to $50.39.
2026 Trajectory
Since the calendar year commenced at $45.53, BHP has generated returns of 12.52% despite recent pullbacks. The fiscal year 2026 performance appears more substantial, with gains of 39.82% calculated from a $36.64 base. However, twelve-month returns vary between 1.40% and 15.16% depending on calculation methodologies and dividend reinvestment assumptions.
Volatility and Range
The stock maintains a volatility reading of 1.70%, driven predominantly by exposure to fluctuating copper, iron ore, coal, and petroleum prices. March witnessed the annual peak of $59.39, followed by a retracement that has tested support levels near $47 AUD.
BHP’s beta of 0.97 suggests the stock typically moves slightly less dramatically than the overall ASX 200 index. However, commodity cycle swings can produce outsized daily movements exceeding 3%, as observed on 2 April.
What Are BHP’s Key Financial Metrics and Dividends?
Valuation Metrics
BHP trades at a price-to-book ratio of 3.0x, nearly double the basic materials sector average of 1.6x. This premium reflects the company’s scale and diversified asset base. The price-to-earnings ratio ranges between 12.2x and 15.88x according to varying data providers, positioning the stock as comparatively inexpensive against sector peers averaging 14.5x.
Dividend Profile
The indicated dividend yield of 3.93% derives from robust cash flows supported by fiscal year net income of 13.93 billion AUD. While specific payout ratios remain undisclosed in recent filings, the yield aligns with historical distributions characteristic of mature commodities producers.
Peer Positioning
Relative to the basic materials sector, BHP presents a mixed valuation picture. The company trades at a discount on earnings but commands a premium on book value. Recent sector comparables show Grange Resources advancing 10.87% and Bisalloy Steel gaining 0.58%, though BHP’s massive scale renders direct comparison challenging.
Market analysts have established price targets ranging from 39.17 AUD to 47.64 AUD, suggesting potential upside of approximately 3.1% from current levels. The consensus implies limited near-term appreciation compared to the 6.0% average upside projected across the broader sector.
BHP’s price-to-book ratio of 3.0x significantly exceeds the sector mean of 1.6x. Investors should weigh this premium against the company’s diversified revenue streams and lower-than-average PEG ratio of 0.23.
How to Buy BHP Shares on ASX?
Trading Hours and Regulations
The Australian Securities Exchange operates from 10:00 AM to 4:00 PM AEST. BHP trades under ticker BHP during standard sessions without current volatility halts. Investors must execute transactions through licensed brokers adhering to ASX clearing regulations.
Broker Selection
Prospective shareholders should establish accounts with CHESS-sponsored brokers to maintain direct registered ownership. Major platforms including CommSec and SelfWealth provide access to BHP.AX, though ASX licensing requirements mandate proper verification procedures before trading commences.
Order Execution
After funding the brokerage account, investors search for BHP.AX and specify either market orders for immediate execution or limit orders to target specific price points. Live charting tools assist with timing entry points, particularly given the stock’s recent volatility between $51 and $53.
Timeline of Recent BHP Price Movements
- : H1 2026 earnings report released with EPS of 1.69 AUD and revenue of 38.73 billion AUD.
- : Share price reaches intraday peak near $59.25, approaching the 52-week high.
- : Stock closes at $50.39, marking a 0.22% decline amid commodity price fluctuations.
- : Modest recovery with 0.11% gain to close at $52.56.
- : Sharp decline of 3.18% to close at $51.23, down from previous session.
What Do Investors Know and Not Know About BHP?
- Current share price: $51.23 AUD
- Market cap: 221.08 billion AUD
- Dividend yield: 3.93%
- P/E ratio: 12.2x–15.88x
- Beta: 0.97 (lower volatility)
- Revenue: 79.15 billion AUD
- Employees: 62,000 globally
- Exact Q2 2026 commodity price trajectories
- Chinese infrastructure stimulus timing and scale
- Final dividend payment date for FY2026
- Short-term analyst target achievement (range 39.17–47.64 AUD)
- Impact of potential copper supply disruptions
- Foreign exchange effects on USD-denominated revenue
BHP’s Position in Global Markets
BHP operates as the world’s premier diversified resources company, with strategic assets spanning Pilbara iron ore operations, Chilean copper mines, and Australian coal deposits. The company’s shareholder base reflects global institutional ownership drawn to the counter-cyclical commodity exposure. For investors seeking to understand the factors influencing stock prices, a comprehensive Westpac personal loan guide can offer insights into managing finances for investment. Westpac personal loan guide
Revenue generation of 79.15 billion AUD underscores the firm’s dependence on Chinese industrial demand and renewable energy transition metals. The current share price reflects market consensus regarding long-term copper deficits and near-term iron ore oversupply concerns.
Data Sources and Market Commentary
“BHP’s indicated dividend yield of 3.93% continues to attract income-focused investors despite recent share price volatility.”
— TradingView ASX Data, April 2026
“Recent charts show upward momentum from March lows around $45-48, peaking mid-March before pullback.”
— Intelligent Investor Technical Analysis
Should Investors Consider BHP Now?
BHP presents a valuation case trading below sector P/E averages while offering nearly 4% dividend yield, though the Marks and Spencer Australia retail comparison illustrates divergent sector dynamics. The stock’s recent decline to $51.23 may attract long-term commodity bulls, though the Twitter delisting precedent reminds investors that liquidity events can alter trajectories unexpectedly. Near-term catalysts include the H1 2026 earnings confirmation and copper price stabilization above current levels.
Frequently Asked Questions
Does BHP pay dividends and what is the current yield?
BHP maintains an indicated dividend yield of 3.93%, supported by fiscal year net income of 13.93 billion AUD. The company has historically distributed profits consistent with commodities sector cash flow cycles.
What is the 52-week high and low for BHP shares?
The 52-week range spans from $45.37 AUD to $59.39 AUD. The high was achieved in early March 2026, while the low occurred during broader market weakness.
How does BHP’s P/E ratio compare to sector peers?
BHP trades at 12.2x to 15.88x earnings, below the basic materials sector average of 14.5x. This suggests relative value compared to competitors, though the Price/Book ratio of 3.0x exceeds the sector mean.
What primary factors drive BHP share price volatility?
Commodity price fluctuations in iron ore, copper, coal, and petroleum drive volatility. Global demand indicators from China and the Americas, combined with 1.70% measured volatility, create daily price swings.
When does BHP report its next earnings?
The H1 2026 report was released approximately 24 February 2026. Full-year results typically follow in August, though exact dates require confirmation via ASX announcements.
What is the analyst consensus price target?
Analysts project maximum targets of 47.64 AUD and minimums of 39.17 AUD, implying 3.1% upside potential. Fair value estimates suggest approximately 9.5% appreciation from recent trading levels.
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