FMG.AX - Fortescue Metals Group Limited

ASX - ASX Delayed Price. Currency in AUD
6.35
-0.02 (-0.31%)
At close: 4:10PM AEDT
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Previous Close6.37
Open6.40
Bid6.30 x 0
Ask6.35 x 0
Day's Range6.30 - 6.42
52 Week Range3.52 - 6.45
Volume9,729,926
Avg. Volume16,251,536
Market Cap19.544B
Beta (3Y Monthly)1.00
PE Ratio (TTM)22.60
EPS (TTM)0.28
Earnings DateFeb 20, 2018 - Feb 26, 2018
Forward Dividend & Yield0.23 (3.61%)
Ex-Dividend Date2018-08-31
1y Target Est3.43
  • Reuters4 days 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.

  • Reuters7 days 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.11 days 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
    Reuters20 days 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.29 days 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...

  • Investing.comlast month

    Asian Markets Rise Amid Easing of Monetary Policy in China; Nikkei Jumps 3%

    Investing.com - Asian markets rose in morning trade on Monday, with Japan’s Nikkei 225 jumping 3%, as an easing of monetary policy in China triggered a renewed appetite for risk assets.

  • Reuters3 months ago

    Mining industry leadership set for changing of the guard

    Ivan Glasenberg, chief executive of mining giant Glencore Plc (GLEN.L) since 2002, said last month he would retire over the next three to five years, sparking speculation about which of his industry peers could be next to go. At least one other global mining giant has approached rival executives about their interest in moving, according to two sources. The CEOs of Freeport McMoRan Inc (FCX.N), Teck Resources Ltd (TECKb.TO), Agnico Eagle Mines Ltd (AEM.TO) and Southern Copper Corp (SCCO.N) have been in their roles for more than 10 years, eclipsing the industry average of seven years.

  • Reuters3 months ago

    Party's over: As margins tumble, China steel mills brace for hard times

    MANILA/BEIJING (Reuters) - Chinese steel producers ran up losses for the first time in three years this month as prices slid into a bear market on weak demand and near-record supply, ending years of solid profit margins. China's steel production hit a record 82.55 million tonnes in October, but steel prices and margins have since shrunk as China dialled back on winter output curbs aimed at cutting smog, while demand weakened as cold weather slows the construction sector.

  • Investing.com3 months ago

    Asian Stocks Mixed; Brexit Deal, Energy Stocks in Focus

    Investing.com - Asian stocks were mixed in morning trade on Monday, with energy stocks under-performing after oil prices plunged to their lowest levels in more than a year last week.

  • Investing.com3 months ago

    Asian Stocks Mixed; Energy Stocks Underperform Amid Lower Oil Prices

    Investing.com - Asian stocks were mixed in morning trade on Monday. Energy stocks underperformed as oil prices plunged to their lowest levels in more than a year last week.

  • Simply Wall St.4 months ago

    Fortescue Metals Group Limited (ASX:FMG): Time For A Financial Health Check

    Stocks with market capitalization between $2B and $10B, such as Fortescue Metals Group Limited (ASX:FMG) with a size of AU$12.1b, do not attract as much attention from the investing community Read More...

  • Simply Wall St.4 months ago

    Why Fortescue Metals Group Limited (ASX:FMG) May Not Be As Efficient As Its Industry

    While some investors are already well versed in financial metrics (hat tip), this article is for those who would like to learn about Return On Equity (ROE) and why it Read More...

  • Simply Wall St.5 months ago

    What Should We Expect From Fortescue Metals Group Limited’s (ASX:FMG) Earnings In The Next Couple Of Years?

    In June 2018, Fortescue Metals Group Limited (ASX:FMG) released its latest earnings announcement, which showed that the business experienced a substantial headwind with earnings falling by -58%. Below, I’ve laid Read More...

  • Simply Wall St.5 months ago

    Is Fortescue Metals Group Limited (ASX:FMG) Attractive At This PE Ratio?

    This analysis is intended to introduce important early concepts to people who are starting to invest and want to begin learning about how to value company based on its current Read More...

  • How Does Fortescue Metals Group Limited (ASX:FMG) Fare As A Dividend Stock?
    Simply Wall St.5 months ago

    How Does Fortescue Metals Group Limited (ASX:FMG) Fare As A Dividend Stock?

    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...

  • Why Fortescue Metals Group Limited (ASX:FMG) Is An Attractive Investment
    Simply Wall St.5 months ago

    Why Fortescue Metals Group Limited (ASX:FMG) Is An Attractive Investment

    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...

  • Who Are The Top Investors In Fortescue Metals Group Limited (ASX:FMG)?
    Simply Wall St.5 months ago

    Who Are The Top Investors In Fortescue Metals Group Limited (ASX:FMG)?

    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...

  • Will Fortescue Metals Group Limited’s (ASX:FMG) Earnings Grow In The Year Ahead?
    Simply Wall St.5 months ago

    Will Fortescue Metals Group Limited’s (ASX:FMG) Earnings Grow In The Year Ahead?

    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...

  • Fortescue Metals Group Limited (ASX:FMG): Dividend Is Coming In 2 Days, Should You Buy?
    Simply Wall St.6 months ago

    Fortescue Metals Group Limited (ASX:FMG): Dividend Is Coming In 2 Days, Should You Buy?

    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...

  • Fortescue Metals: Seeing record steel production
    CNBC Videos3 months ago

    Fortescue Metals: Seeing record steel production

    Elizabeth Gaines says the steel inventories are increasing, which is "positive" for the company supplying in China.