Broken Hill (BHM) is held by 1 ASX ETF. Over the last 3 months it fell 9.7%: on $10,000, −$968. We explain 2 big moves in that time.
About BHM
- SectorMaterials
- IndustryMaterials
- Size$170.5m
- Held by1 ETF
- Big moves2 in 3M
Each dot is a move we explain. Tap one, or a row of Why it moved, to see what caused it.
Why it moved
- −10.1%peak −10.7%28 Aug 2026· Capital Raise
Broken Hill Mines fell sharply after announcing a fully underwritten A$90 million placement, which dilutes existing shareholders and was priced at a discount to the prevailing market price.
- +11.0%peak +14.5%17 Aug 2026· Sector Flow
BHM.AX rose sharply alongside a broad materials sector rally, with no company-specific announcement to explain the outsized move.
Held by 1 ETF
Of every $10,000 in each fund, how much is in BHM today.
Why did BHM rise 11.0% on 17 Aug 2026?
Broken Hill
BHM.AX rose sharply alongside a broad materials sector rally, with no company-specific announcement to explain the outsized move.
The only identifiable signal is a 1.56% rise in the ASX Materials index (^AXMJ) on the same day, which directionally matches BHM's move. However, the sector move of 1.56% is far too modest to explain a 12.41% stock gain at 3.3x normal ATR, suggesting a stock-specific catalyst is likely at play. With no company announcements in the relevant window and no news triggered, the true driver remains unconfirmed, so confidence is low and sector_flow is assigned only as a partial contributing factor.
Written by a language model from the evidence below, and it can be wrong. Tell us and we will fix or remove it. General information only, not financial product advice. It does not consider your objectives, finances or needs. Past performance is not a guide to future performance.
Evidence
Sector / macro signals
What it did to the 1 ETF holding BHM
On $10,000 in each fund, at the weight it holds today