Fortescue Metals Group Ltd (FMG.AX)

FMG.AX on Australia Stock Exchange

3.54AUD
21 May 2013
Price Change (% chg)

$0.02 (+0.57%)
Prev Close
$3.52
Open
$3.53
Day's High
$3.55
Day's Low
$3.47
Volume
13,770,866
Avg. Vol
19,358,042
52-wk High
$5.47
52-wk Low
$2.81

FMG.AX

Chart for FMG.AX

About

Fortescue Metals Group Limited (Fortescue) is an iron ore producer and explorer. Fortescue is engaged in mining of iron ore from its Cloudbreak and Christmas Creek mine sites, the operation of an integrated mine, rail and port supply chain and the expansion of iron ore operations. Fortescue also engaged in an exploration and... (more)

Overall

Beta: 1.51
Market Cap (Mil.): $10,960.57
Shares Outstanding (Mil.): 3,113.80
Dividend: --
Yield (%): 1.14

Financials

  FMG.AX Industry Sector
P/E (TTM): 8.62 7.50 21.76
EPS (TTM): 0.41 -- --
ROI: 8.87 -0.96 16.41
ROE: 34.15 -1.42 18.71
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UPDATE 1-Brockman puts heat on Fortescue to haul its iron ore

* First test of state rail access rules, pricing (Adds Brockman comments, details)

15 May 2013

Brockman applies for access to Fortescue iron ore rail line

MELBOURNE, May 16 - Brockman Mining Ltd said on Thursday it has applied for access to Fortescue Metals Group's iron ore rail line, a move crucial to the Chinese firm's efforts to start producing iron ore.

15 May 2013

Fortescue says strong China steel output matching demand

SYDNEY, April 17 - Fortescue Metals Group , Australia's third-biggest iron ore miner and a key supplier of the raw material to China, said daily Chinese steel production was matching demand, despite a broader slowdown in economic growth.

17 Apr 2013

UPDATE 1-Fortescue expects to sell 30-40 pct in rail, port by end-June

* Rail, port assets have attracted wide mix of interested parties

20 Mar 2013

UPDATE 1-Australia's Fortescue H1 profit slumps, eyes China demand

SYDNEY, Feb 20 - Australia's Fortescue Metals Group, the world's No.4 iron ore producer, reported a 40 percent fall in first-half profit due to weak iron ore prices but flagged resurgent demand from Chinese steel makers.

19 Feb 2013

Australia's Fortescue sees iron ore price above $120/T

SYDNEY, Feb 20 - Australia's Fortescue Metals Group said it expects the price of iron ore to settle around $120-$130 per tonne this year, with potential for it to be higher if Chinese demand remains strong.

19 Feb 2013

Australia's Fortescue expects shortlist for infrastructure assets by early March

SYDNEY, Feb 20 - Australia's Fortescue Metals Group, the world's No.4 iron ore producer, said the sale process for its rail and port infrastructure assets was progressing well and it expected to narrow down a shortlist by early next month.

19 Feb 2013

Australia's Fortescue posts 40 percent fall in H1 net profit

SYDNEY, Feb 20 - Australia's Fortescue Metals Group, the world's No.4 iron ore producer, reported a 40 percent fall in first-half profit as the price of the steel-making ingredient fell sharply and costs rose as it ramped up production to feed Chinese steel mills.

19 Feb 2013

UPDATE 1-Rio Tinto wins ruling to keep others off iron ore railway

MELBOURNE, Feb 11 - Rio Tinto said on Monday an Australian regulator has ruled that the firm's key iron ore rail lines do not have to be opened to rival miners, reinforcing the world No.2 iron ore miner's grip on the global market.

10 Feb 2013

Rio Tinto wins ruling to keep others off iron ore railway

MELBOURNE, Feb 11 - Rio Tinto said on Monday an Australian regulator has ruled that the firm's key iron ore rail lines do not have to be opened to rival miners, reinforcing the world No.2 iron ore miner's grip on the global market.

10 Feb 2013

Earnings vs. Estimates

Analyst Research Reports

Report Title Price
Provider: News Bites Pty Limited
$5.00
Provider: Thomson Reuters Stock Report
$25.00
Provider: Reuters Investment Profile
$20.00
Provider: News Bites Pty Limited
$5.00
Provider: News Bites Pty Limited
$5.00

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