BHP Shares Drop Below A$60, Momemtum Test Looms Large
BHP Group (ASX: BHP) shares fell 4.7% to A$58.00, nearing the 200-day SMA at A$57.30. The drop follows weaker copper prices due to US inflation data and iron ore market headwinds. Analysts' average price target is A$60.13. The company's Jansen Potash project faced a $2.3B write-down. BHP's dividend yield is ~4.17%.



