The stock was trading at its lowest levels since the turn of the century in 2016 as the price of copper dipped to around 2 00 this coming after the stock hit 60 a share in 2011.
Invest in copper stocks.
If you are looking to invest in copper companies with proven longevity you won t do much better than bhp billiton which was founded in the middle of the 19th century and is based in melbourne australia.
The other three are petroleum coal and iron ore.
Copper stocks as represented by the global x copper miners etf have outperformed the broader market copx has provided a total return of 22 7 over the past 12 months well above the russell.
Some of the top copper stocks on the tsx have seen over 600 percent year to date gains which you can find on the list below.
Bhp billiton copper is just one of the segments in which bhp billiton operates.
How to invest in copper stocks digging into the copper mining industry can reveal some potential investment opportunities and better explain what it takes to make money from an ore that is growing.