Fortescue Metals Group Ltd (FMG.AX)

FMG.AX on Australia Stock Exchange

2.55AUD
19 Dec 2014
Price Change (% chg)

$0.05 (+2.00%)
Prev Close
$2.50
Open
$2.60
Day's High
$2.65
Day's Low
$2.51
Volume
49,697,270
Avg. Vol
27,937,268
52-wk High
$6.22
52-wk Low
$2.31

FMG.AX

Chart for FMG.AX

About

Fortescue Metals Group Limited (Fortescue) is an iron ore producer and explorer operating in the Pilbara region of Western Australia. 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... (more)

Overall

Beta: 1.80
Market Cap (Mil.): $7,784.50
Shares Outstanding (Mil.): 3,113.80
Dividend: 0.10
Yield (%): 8.00

Financials

  FMG.AX Industry Sector
P/E (TTM): 2.32 16.67 22.81
EPS (TTM): 1.08 -- --
ROI: 14.10 -0.22 14.49
ROE: 42.48 0.27 16.65
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Fortescue open to selling assets as iron ore slides

MELBOURNE, Dec 5 - Australia's Fortescue Metals Group is willing to sell down stakes in some of its assets amid a collapse in iron ore prices, but the world's fourth-biggest iron ore miner says it is under no pressure to take quick action.

10 Dec 2014

UPDATE 1-Australia's Fortescue slashes spending as iron ore rout bites

* Fortescue still expects to ship 155-160 mln tonnes in FY15

28 Nov 2014

Australia's Fortescue slashes spending as iron ore rout bites

SYDNEY, Nov 28 - Australia's Fortescue Metals Group, the world's No.4 iron ore miner, said on Friday it was halving its capital spending for the 2015 financial year to $650 million but kept its production guidance intact.

28 Nov 2014

Australia shares fall on weak resources, erasing 2014 gains

* 76 shares up, 110 down, 13 unchanged (Adds analysis, quotes, stocks on the move)

20 Nov 2014

UPDATE 1-Tug boat operators plan short strike at top Australian iron ore port

* Fortescue CEO says port users "collateral damage" in dispute (Adds union comment)

06 Nov 2014

UPDATE 1-Fortescue focuses on debt payments despite iron ore price fall

* Fortescue to make early $500 million repayment on Friday

16 Oct 2014

UPDATE 2-Iron ore rout extends amid tight credit, China futures sink

* Fortescue shares down 4 pct; Rio, BHP at multi-week lows (Recasts, updates prices)

28 Aug 2014

UPDATE 2-Australia's top iron ore port may face delays as union fight escalates

* Union says stoppages planned at low tide for minimal impact

06 Aug 2014

Vice-head of China Valin Steel in bribe probe - prosecutor

BEIJING, July 17 - Zheng Boping, vice-general manager of Hunan Valin Steel, one of China's biggest steel producers, is being investigated for accepting bribes, state prosecutors said on Thursday.

17 Jul 2014

UPDATE 1-Dalian iron ore holds near 7-week high after firm GDP

* Rio Tinto Q2 output up, Fortescue sees more China mines closing (Updates prices)

16 Jul 2014

Earnings vs. Estimates

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