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Fortescue Metals Group Ltd (FMG.AX)

FMG.AX on Australia Stock Exchange

6.15AUD
2 Dec 2016
Change (% chg)

$-0.20 (-3.15%)
Prev Close
$6.35
Open
$6.40
Day's High
$6.43
Day's Low
$6.10
Volume
22,396,425
Avg. Vol
18,565,722
52-wk High
$6.44
52-wk Low
$1.44

FMG.AX

Chart for FMG.AX

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: 1.61
Market Cap(Mil.): $17,842.06
Shares Outstanding(Mil.): 3,113.80
Dividend: 0.12
Yield (%): 2.62

Financials

  FMG.AX Industry Sector
P/E (TTM): 13.31 24.35 16.36
EPS (TTM): 0.43 -- --
ROI: 5.27 -3.62 8.90
ROE: 12.36 -5.99 10.89

Fortescue gets environmental approval for iron ore mine expansion

SYDNEY Australia's environmental authorities on Wednesday cleared the way for the world's No. 4 iron ore miner Fortescue Metals Group to extend operations at a key mine site for another 35 years.

23 Nov 2016

Australia shares slide on commodities; NZ hits 12-wk low

Oct 12 Australian shares fell on Wednesday, dragged down by commodities, amid a sour start to Wall Street's corporate earnings season and raised bets on a year-end Federal reserve interest rate hike.

12 Oct 2016

Australia's Fortescue pays a dollar to buy out iron ore partner

SYDNEY Fortescue Metals Group on Monday said it has bought out rival BC Iron's 75 percent interest in a mothballed iron ore mine in Australia for just one dollar, ending a seven-year partnership forged during the now-defunct mining boom.

10 Oct 2016

UPDATE 1-Anglo American names new finance director

* Analysts cite strong track record in cost-cutting (Updates throughout with context, comment, share price)

23 Sep 2016

Australian billionaire miner in cattle station manoeuvres

SYDNEY, Sep 13 Australian mining billionaire Andrew Forrest has used his private company to apply for thousands of square kilometres of mineral exploration rights over his cattle stations, adding a new twist to an age-old battle between farmers and miners.

13 Sep 2016

RPT-COLUMN-Fortescue, Bluescope success shows why iron, steel prices will stay low: Russell

LAUNCESTON, Australia, Aug 22 A year ago it's likely you would have got better odds that Fortescue Metals Group and Bluescope Steel would go under rather than double profits, given the dire outlook for both iron ore and steel products at that time.

22 Aug 2016

REFILE-UPDATE 2-Iron ore miner Fortescue eyes dividend rise as profit leaps

SYDNEY, Aug 22 Australia's Fortescue Metals Group Ltd, the world No. 4 iron ore producer, reported a tripling of its annual net profit on Monday to nearly $1 billion and said it could shoulder a big jump in future dividend payouts.

22 Aug 2016

COLUMN-Fortescue, Bluescope success shows why iron, steel prices will stay low: Russell

LAUNCESTON, Australia, Aug 22 A year ago it's likely you would have got better odds that Fortescue Metals Group and Bluescope Steel would go under rather than double profits, given the dire outlook for both iron ore and steel products at that time.

22 Aug 2016

Earnings vs. Estimates