|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||5.70 - 5.72|
|52 Week Range||2.53 - 6.43|
|Beta (3Y Monthly)||1.04|
|PE Ratio (TTM)||21.19|
|Forward Dividend & Yield||0.17 (3.43%)|
|1y Target Est||N/A|
Education and confidence are important for women to have exciting careers, says Elizabeth Gaines of Fortescue Metals Group.
Shareholders in Fortescue Metals Group, the world’s fourth-biggest producer of iron ore, were pleasantly surprised this week when the board announced a special dividend of $1.3bn. The Perth-based group — along with rivals BHP and Rio Tinto — is generating large amounts of excess cash because of a sharp rise in the price of the steelmaking ingredient.
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.
(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.
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.
Dividends play an important role in compounding returns in the long run and end up forming a sizeable part of investment returns. Historically, Fortescue Metals Group Limited (ASX:FMG) has paidRead More...
Attractive stocks have exceptional fundamentals. In the case of Fortescue Metals Group Limited (ASX:FMG), there’s is a company that has been able to sustain great financial health, trading at anRead More...
A look at the shareholders of Fortescue Metals Group Limited (ASX:FMG) can tell us which group is most powerful. Large companies usually have institutions as shareholders, and we usually seeRead More...
Since Fortescue Metals Group Limited (ASX:FMG) released its earnings in June 2018, it seems that analyst forecasts are fairly optimistic, with earnings expected to grow by 8.6% in the upcomingRead More...
Attention dividend hunters! Fortescue Metals Group Limited (ASX:FMG) will be distributing its dividend of US$0.12 per share on the 02 October 2018, and will start trading ex-dividend in 2 daysRead More...
As Australia's big miners gear up for a new round of expansion after years of belt tightening, prices for everything from labour to fuel to equipment have begun to rise, driving up costs and eating into margins. Having repaired their balance sheets after a harrowing shake-out from a decade-long mining boom in 2013-2014, miners are again ploughing money into new projects. "The pressures are coming," said Rohan Walsh, a portfolio manager at Karara Capital in Melbourne.
Elizabeth Gaines, chief executive officer at Fortescue Metals Group, discusses earnings, their business strategy, demand from China, how the U.S.-China trade tensions may impact her business, their key ...
BEIJING/MANILA (Reuters) - For miners seeking to cater to the changing appetite of China, the world's biggest iron ore importer, all eyes are on Tangshan, the country's biggest steel-making city and the drastic measures it's taking to rein in pollution. Tangshan has also warned mills they could face closure if they don't meet emission targets by October. The impact on pricing for iron ore has been dramatic and miners are scrambling to revamp their strategies in response.