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Fortescue Metals Group Ltd (FMG.AX)

FMG.AX on Australia Stock Exchange

8.35AUD
23 May 2019
Change (% chg)

$0.08 (+0.97%)
Prev Close
$8.27
Open
$8.36
Day's High
$8.53
Day's Low
$8.32
Volume
17,433,380
Avg. Vol
20,034,021
52-wk High
$9.34
52-wk Low
$3.52

About

Fortescue Metals Group Limited is engaged in the exploration, development, production, processing and sale of iron ore. It owns and operates an integrated supply chain, including its approximately five berth Herb Elliott Port in Port Hedland and the heavy haul railway with approximately 42 ton axle load capacity over 620... (more)

Overall

Beta: 1.47
Market Cap(Mil.): $16,098.34
Shares Outstanding(Mil.): 3,113.80
Dividend: 0.25
Yield (%): 8.70

Financials

  FMG.AX Industry Sector
P/E (TTM): 6.01 19.26 313.16
EPS (TTM): 0.86 -- --
ROI: 12.10 11.26 11.39
ROE: 23.11 11.85 14.37

Iron ore is surging, but not all producers are joining the party: Russell

LAUNCESTON, Australia (The opinions expressed here are those of the author, a columnist for Reuters.)

May 22 2019

COLUMN-Iron ore is surging, but not all producers are joining the party: Russell

LAUNCESTON, Australia, May 22 While iron ore prices have surged to a five-year high above $100 a tonne, not all producers of the steel-making ingredient are sharing in the bounty.

May 22 2019

UPDATE 1-Australia's Fortescue green lights $287 mln mine development

May 22 Fortescue Metals Group Ltd on Wednesday said it will spend about $287 million to develop the Queens Valley mining area in the iron ore rich Pilbara region of Western Australia.

May 21 2019

UPDATE 1-Australia's Fortescue pares annual iron ore shipments guidance after cyclone

April 18 Iron ore miner Fortescue Metals Group Ltd on Thursday reported flat third-quarter iron ore shipments and joined other big miners in trimming its annual shipments forecast because of disruptions caused by a tropical cyclone.

Apr 17 2019

Australia's Fortescue cuts annual iron ore shipments guidance after cyclone

April 18 Iron ore miner Fortescue Metals Group Ltd reported on Thursday flat third-quarter iron ore shipments and cut its annual shipments forecast because of disruptions caused by a tropical cyclone.

Apr 17 2019

Australia shares higher as iron ore prices drive miners; NZ flat

April 12 Australian shares advanced on Friday, outperforming regional markets as higher iron ore prices supported large miners such as Rio Tinto and Fortescue Metals Group.

Apr 11 2019

CORRECTED-Australian shares lower on fresh global trade, growth concerns

April 10 Australian shares tracked their Wall Street counterparts lower on Wednesday, on new global growth worries and fresh trade tensions between the United States and the European Union.

Apr 09 2019

Australian miners see some impact from two cyclones, clean up begins

MELBOURNE Mining giants Rio Tinto, BHP Group and Fortescue Metals said their Australian operations had suffered some impact after two cyclones hit the country over the weekend, with clean up starting on Monday in the wake of the storms.

Mar 25 2019

UPDATE 2-Australian miners see some impact from two cyclones, clean up begins

* Cyclone Veronica fades, Trevor downgraded to low pressure system

Mar 25 2019

Australia shares set to inch lower, hurt by miners; New Zealand up

March 21 Australian shares are poised to open lower on Thursday, as a sharp drop in iron ore prices is likely to weigh mining stocks, with heavyweights Rio Tinto Ltd and Fortescue Metals Group Ltd likely to extend their declines. China's iron ore futures plunged nearly 6 percent on Wednesday, on expectation of higher supply as Brazil's Vale SA is set to resume work at its largest iron ore mine in Minas Gerais state. The local shar

Mar 20 2019

Earnings vs. Estimates