United States

Fortescue Metals Group Ltd (FMG.AX)

FMG.AX on Australia Stock Exchange

7:06pm EST
Change (% chg)

$-0.02 (-0.49%)
Prev Close
Day's High
Day's Low
Avg. Vol
52-wk High
52-wk Low

Chart for


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)


Beta: 1.14
Market Cap(Mil.): $11,980.81
Shares Outstanding(Mil.): 3,111.90
Dividend: 0.12
Yield (%): 5.97


  FMG.AX Industry Sector
P/E (TTM): 9.86 10.53 32.15
EPS (TTM): 0.39 -- --
ROI: 5.24 4.64 6.94
ROE: 9.04 6.98 6.81

REFILE-Australia's Fortescue expects to produce 5-10 mln T of new mid-grade iron ore in 2019

Dec 17 Australia's Fortescue Metals Group on Monday announced the first shipment of its new mid-grade iron ore and said it expected to produce 5-10 million tonnes of the commodity next year.

Dec 16 2018

Exploration drill: Fortescue taps new tech to step up copper hunt across Australia

PORT HEDLAND, Australia Australian miner Fortescue Metals this week said the latest developments in satellite imagery are helping it scour vast swathes of its own backyard for new deposits, seeking an edge as it jostles with global peers for the next big strike.

Nov 30 2018

Exploration drill: Fortescue taps new tech to step up copper hunt across Australia

* Expands exploration holdings in S. Australia 30 pct this year

Nov 30 2018

Fortescue to help fund development of Australian hydrogen industry

MELBOURNE, Nov 22 Fortescue Metals Group will partner with Australia's national science body to support the development of an industry for hydrogen, a fuel which is being touted as the next big source of low-emissions energy.

Nov 22 2018

Australia shares fall on fresh Sino-U.S. trade concerns; NZ shaky

Oct 30 Australian shares lost ground on Tuesday as fresh worries over Sino-U.S. trade frictions stung global investor sentiment.

Oct 29 2018

UPDATE 1-Australia's Fortescue Q1 shipments fall 8.6 pct, maintains guidance

Oct 25 The world's No. 4 iron ore miner Fortescue Metals on Thursday reported an 8.6 percent fall in first-quarter iron ore shipments as pollution curbs in China reduced demand for its lower grade ore.

Oct 24 2018

UPDATE 2-Vale eyes expansion of Brazil iron ore mine to feed Chinese demand

* Chinese steelmakers turning to higher quality grades of iron ore

Sep 20 2018

UPDATE 2-Australian iron ore miner Fortescue's annual profit halves

MELBOURNE, Aug 20 Australia's Fortescue Metals said on Monday that its annual profit halved as prices for its lower quality iron ore fell, and pledged to wring further efficiencies from its low-cost operations.

Aug 19 2018

CORRECTED-UPDATE 1-Australia's Fortescue Metals annual profit plunges, but maintains guidance

Aug 20 Australia's Fortescue Metals said on Monday its annual profit fell 58 percent on declining prices and demand for its iron ore from China.

Aug 19 2018

Australia's Fortescue Metals cuts stake in Atlas Iron

Iron ore miner Fortescue Metals Group said on Monday it reduced its stake in smaller peer Atlas Iron by 8.53 percent, or A$33.2 million ($24.6 million), as per Atlas shares' closing level on Friday.

Aug 05 2018

Earnings vs. Estimates