|Bid||9.62 x 0|
|Ask||8.05 x 0|
|Day's Range||8.74 - 8.95|
|52 Week Range||3.52 - 9.34|
|Beta (3Y Monthly)||0.86|
|PE Ratio (TTM)||32.44|
|Earnings Date||Feb 20, 2018 - Feb 26, 2018|
|Forward Dividend & Yield||0.31 (3.88%)|
|1y Target Est||3.43|
Education and confidence are important for women to have exciting careers, says Elizabeth Gaines of Fortescue Metals Group.
The big shareholder groups in Fortescue Metals Group Limited (ASX:FMG) have power over the company. Institutions will...
There were big plans, including a A$152 million ($106 million) yachting marina, and the town was expected to become the largest in northwest Australia, enriched by trains more than 2 kilometers long that brought powdered rock from the mines to be loaded onto an endless stream of ships bound for China. Property prices have fallen about 70% from their peak, the marina was downsized and delayed, and Port Hedland’s resident population of about 15,000 people is some 6% smaller than in 2013. Many blame the five-year global slump in iron ore prices between 2010 and 2015 that hit property markets in many cities across Western Australia.
In this article we are going to estimate the intrinsic value of Fortescue Metals Group Limited (ASX:FMG) by taking the...
Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! Many investors are still learning about the various metrics that can be useful when analysing a stock...
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Fortescue Metals Group Ltd and other ratings that are associated with the same analytical unit. "IMPORTANT NOTICE: MOODY'S RATINGS AND PUBLICATIONS ARE NOT INTENDED FOR USE BY RETAIL INVESTORS. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
Amid concerns over the state of the Chinese economy, Australian mining company Fortescue is seeing robust steel production coming from the country, according to its CEO. China is the world's largest steel making country. Data from the World Steel Association show the country increased its share of global crude steel production from 50.3% in 2017 to 51.3% in 2018.
It is not uncommon to see companies perform well in the years after insiders buy shares. Unfortunately, there are also plenty of examples of share prices declining precipitously after insiders have sold shares. So we'll take a look at...
(Reuters) - Fortescue Metals Group Ltd said on Tuesday said its unit FMG Magnetite Pty Ltd and Taiwanese joint venture partner Formosa Steel IB Pty Ltd approved the development of stage 2 of the Iron Bridge ...
The global iron ore market may see a shortfall following the dam spill and mine curtailments at supplier Vale according to the founder of Fortescue Metals.
Want to participate in a research study? Help shape the future of investing tools and earn a $60 gift card! The goal of this article is to teach you how to use price to earnings ratios (P/E ratios). We'll show how you can use Fo...
The worst result, after buying shares in a company (assuming no leverage), would be if you lose all the money you put in. But if you buy shares in aRead More...
Australian iron ore miner Fortescue said on Friday that one of its driverless trucks, travelling at low speed, ran into another that was parked at its remote Western Australian operations in an incident earlier this week. Fortescue is retrofitting 100 huge mining trucks with autonomous haulage systems (AHS) at its remote Chichester hub, aiming to more than double its self-driving fleet. "This was not the result of any failure of the autonomous system," Fortescue Chief Executive Elizabeth Gaines said in the statement.
Chinese steel mills may be forced to modify the way they operate as a result of lower availability of higher grades of iron ore after the collapse of a dam at a mine owned by Brazil's Vale. The exact ramifications to iron ore supply and China's vast steel sector from the burst dam at Vale's Corrego do Feijao mine, which has killed 142 people and left 194 others missing, are still to be quantified. Supply-wise, it's likely to run into tens of millions of tonnes of high-grade iron ore lost from the seaborne market, with some estimates reaching as high as 70 million tonnes.
Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! Today we'll evaluate Fortescue Metals Group LimitedRead More...
MELBOURNE/BEIJING (Reuters) - Vale SA's catastrophic dam failure in Brazil may knock it off its perch as the biggest iron ore exporter as the resulting rally in high-grade ore prices steers buyers towards rivals offering cheaper ore, industry sources said on Wednesday. The world's largest iron ore miner is facing public ire and tougher regulation after the collapse of its tailings dam in the Brazilian region of Brumadinho killed at least 84 in one of the country's worst ever industrial disasters. Vale on Tuesday said it would take up to 10 percent of its output offline as it decommissions a total of 19 dams over three years, a move that would cut up to 40 million tonnes of iron ore production a year.
The size of Fortescue Metals Group Limited (ASX:FMG), a AU$14b large-cap, often attracts investors seeking a reliable investment in the stock market. One reason being its ‘too big to fail’ Read More...