FMG.AX - Fortescue Metals Group Limited

ASX - ASX Delayed Price. Currency in AUD
8.76
+0.24 (+2.82%)
At close: 4:10PM AEST
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Previous Close8.52
Open8.90
Bid9.62 x 0
Ask8.05 x 0
Day's Range8.74 - 8.95
52 Week Range3.52 - 9.34
Volume12,459,455
Avg. Volume16,236,793
Market Cap26.958B
Beta (3Y Monthly)0.86
PE Ratio (TTM)32.44
EPS (TTM)0.27
Earnings DateFeb 20, 2018 - Feb 26, 2018
Forward Dividend & Yield0.31 (3.88%)
Ex-Dividend Date2019-05-22
1y Target Est3.43
  • One Belt, One Road is a positive for us: Fortescue chief
    CNBC Videos3 months ago

    One Belt, One Road is a positive for us: Fortescue chief

    Elizabeth Gaines of Fortescue Metals Group says the company has a "strong" and "multi-faceted" relationship with China.

  • Women can have 'exciting' careers in mining too: Fortescue chief
    CNBC Videos3 months ago

    Women can have 'exciting' careers in mining too: Fortescue chief

    Education and confidence are important for women to have exciting careers, says Elizabeth Gaines of Fortescue Metals Group.

  • What Kind Of Shareholder Appears On The Fortescue Metals Group Limited's (ASX:FMG) Shareholder Register?
    Simply Wall St.2 days ago

    What Kind Of Shareholder Appears On The Fortescue Metals Group Limited's (ASX:FMG) Shareholder Register?

    The big shareholder groups in Fortescue Metals Group Limited (ASX:FMG) have power over the company. Institutions will...

  • Outback Town That Rivaled Manhattan’s Prices Now Gathers Dust
    Bloomberg12 days ago

    Outback Town That Rivaled Manhattan’s Prices Now Gathers Dust

    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.

  • Estimating The Intrinsic Value Of Fortescue Metals Group Limited (ASX:FMG)
    Simply Wall St.22 days ago

    Estimating The Intrinsic Value Of Fortescue Metals Group Limited (ASX:FMG)

    In this article we are going to estimate the intrinsic value of Fortescue Metals Group Limited (ASX:FMG) by taking the...

  • Is Fortescue Metals Group Limited's (ASX:FMG) ROE Of 8.4% Concerning?
    Simply Wall St.last month

    Is Fortescue Metals Group Limited's (ASX:FMG) ROE Of 8.4% Concerning?

    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's2 months ago

    FMG Resources (August 2006) Pty Ltd -- Moody's announces completion of a periodic review of ratings of Fortescue Metals Group Ltd

    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.

  • CNBC2 months ago

    Fortescue's CEO is seeing 'strong growth' in China's steel production

    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.

  • Need To Know: Fortescue Metals Group Limited (ASX:FMG) Insiders Have Been Buying Shares
    Simply Wall St.2 months ago

    Need To Know: Fortescue Metals Group Limited (ASX:FMG) Insiders Have Been Buying Shares

    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...

  • Reuters3 months ago

    Fortescue, Taiwanese partner approve $2.6 billion stage 2 of Iron Bridge Magnetite Project

    (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 ...

  • Why Metals Billionaire Andrew Forrest Warns Iron Ore Market Faces A Shortfall
    Investor's Business Daily3 months ago

    Why Metals Billionaire Andrew Forrest Warns Iron Ore Market Faces A Shortfall

    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.

  • Here's What Fortescue Metals Group Limited's (ASX:FMG) P/E Is Telling Us
    Simply Wall St.3 months ago

    Here's What Fortescue Metals Group Limited's (ASX:FMG) P/E Is Telling Us

    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 Fortescue Metals Group Share Price Is Up 140% And Shareholders Are Boasting About It
    Simply Wall St.4 months ago

    The Fortescue Metals Group Share Price Is Up 140% And Shareholders Are Boasting About It

    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...

  • Reuters4 months ago

    Australian miner Fortescue says two driverless trucks involved in low-speed incident

    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.

  • Reuters4 months ago

    COLUMN-Vale iron ore dam disaster may force China steel mills to change: Russell

    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.

  • Is There More To Fortescue Metals Group Limited (ASX:FMG) Than Its 11%Returns On Capital?
    Simply Wall St.4 months ago

    Is There More To Fortescue Metals Group Limited (ASX:FMG) Than Its 11%Returns On Capital?

    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...

  • Vale's Brazil disaster to prompt buyers to take more Australian iron ore
    Reuters5 months ago

    Vale's Brazil disaster to prompt buyers to take more Australian iron ore

    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.

  • How Financially Strong Is Fortescue Metals Group Limited (ASX:FMG)?
    Simply Wall St.5 months ago

    How Financially Strong Is Fortescue Metals Group Limited (ASX:FMG)?

    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...