In today’s video we will look at 5 ASX stocks that have crumbled from past one year
First, BHP Group (ASX: BHP) is a well-known global resources company with key operations
as iron ore miner and oil player. It is also a producer of other commodities such as copper and
uranium while key business segments include Petroleum, Copper, and Iron Ore. BHP Group
shares have fallen nearly 27.18% from past one year as of July 28. BHP Group shares price have
fallen from AU$134.17 to AU$97.70 as of July 28. BHP produced a strong fourth quarter for
the financial year 2022 to cap off a year of significant progress. Their performance for
the year has been underpinned by safe, reliable operations and firm demand for their commodities.
Next, Newcrest Mining is a gold mining company founded in 1990 and headquartered in Melbourne,
Australia. The key activities entail exploration, mine development and operations, and the sale
of gold and gold & copper concentrate that find support from a portfolio of mines and a pipeline
of brownfield and greenfield exploration projects. Newcrest shares have fallen 29.53% from past one
year as of July 28. Newcrest shares price have fallen from AU$26.41 to AU$18.61 as of July 28.
Over the last four quarters they have steadily increased their gold and copper production,
driving lower group All-In Sustaining Costs
and delivering a record breaking annual cost performance at Cadia.
Next, Fisher and Paykel Healthcare (ASX: FPH) is a health care company that was listed in 2001.
It is a medical devices and systems leader in the world and the products are sold in more than 120
appealcountries. Fisher and Paykel Healthcare shares have fallen 36.74% from past one year
as of July 28. The company’s share price has fallen from AU$30.35 to AU$19.03 as of July 28.
Regardless of how COVID-19 effects unfold over the short term, the company is confident that
their business is well-placed to contribute to a positive change in clinical practice
and improving outcomes for respiratory patients in general over the long term.
Moving on, REA Group (ASX: REA) is a digital media business specialising in property, and is spread
across 3 continents of Australian, Asian and North American region. The company aim towards changing
the way, the world experiences property. REA shares have fallen 24.19% over the past one year
as of July 28. The company’s share price has fallen from AU$162.95 to AU$121.05 as of July 28.
Lastly, Rio Tinto searches for and extracts a variety of minerals worldwide, with the heaviest
concentrations in north America and Australia. Major products include aluminium, copper,
diamonds, energy products, gold, industrial minerals, and iron ore. Rio shares have fallen
nearly 27.18% over the past one year as of July 28. The company’s share price has fallen from
AU$134.17 to 97.70 as of July 28. The company is committed to making lasting,
long-term change to their culture, including workplace culture,
and to building better relationships with Indigenous peoples, communities, and partners.