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Fortescue Metals Group Ltd (FMG.AX)

FMG.AX on Australia Stock Exchange

5.01AUD
24 May 2017
Change (% chg)

$-0.25 (-4.75%)
Prev Close
$5.26
Open
$5.19
Day's High
$5.22
Day's Low
$4.95
Volume
23,091,350
Avg. Vol
20,691,413
52-wk High
$7.27
52-wk Low
$2.84

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: 1.45
Market Cap(Mil.): $16,752.23
Shares Outstanding(Mil.): 3,113.80
Dividend: 0.20
Yield (%): 5.95

Financials

  FMG.AX Industry Sector
P/E (TTM): 6.71 25.54 108.44
EPS (TTM): 0.80 -- --
ROI: 10.57 -0.62 10.64
ROE: 22.04 -0.85 13.80

Australian billionaire uses indigenous land laws to keep prospectors off farm

SYDNEY Mining magnate Andrew Forrest has used laws designed to protect indigenous land rights to stop prospectors searching for minerals on his West Australian cattle farms, angering both traditional Aboriginal landowners and mining community members.

18 May 2017

Exclusive - Australian billionaire uses indigenous land laws to keep prospectors off farm

SYDNEY Mining magnate Andrew Forrest has used laws designed to protect indigenous land rights to stop prospectors searching for minerals on his West Australian cattle farms, angering both traditional Aboriginal landowners and mining community members.

18 May 2017

BRIEF-Fortescue Metals successfully completes unsecured notes offering

* Completed an offering of senior unsecured notes, initially launched at us$1,000 million which was subsequently upsized to us$1,500 million Source text for Eikon: Further company coverage:

10 May 2017

UPDATE 1-China iron ore falls for 4th day in five on slow demand

* Fortescue to refinance $1 bln debt amid falling iron ore prices (Adds Fortescue, updates prices)

09 May 2017

Fortescue to refinance $1 bln debt amid falling iron ore prices

SYDNEY, May 9 Australian miner Fortescue Metals Group launched a $1 billion bond offering aimed at U.S. investors on Tuesday, as it seeks to refinance debt in the face of retreating iron prices.

09 May 2017

UPDATE 1-China March iron ore imports surge to second-highest ever

* Imports to stay at high level or even grow - Fortescue CEO (Recasts with March figures, industry comment, copper imports)

13 Apr 2017

UPDATE 1-Fortescue ships less iron ore in Q3, costs up

* Full-yr guidance intact (Adds iron ore market prices, outlook, Fortescue costs, paragraphs 2-4)

13 Apr 2017

Fortescue Metals to pay down a further $1 bln in debt

MELBOURNE, March 24 Fortescue Metals Group Ltd , the world's No.4 iron ore miner, will pay down $1 billion in a term loan on March 30, it said on Friday, as it looks to continue its cost-cutting drive.

24 Mar 2017

BRIEF-Fortescue Metals Group clarifies media speculation

* Refers to media reports regarding submission of an indicative bid for Wesfarmers Curragh coal mine assets

28 Feb 2017

UPDATE 1-Fortescue says H1 profit jumps 383 pct, misses market expectations

SYDNEY, Feb 22 Australia's Fortescue Metals Group Ltd on Wednesday reported a 383 percent rise in interim net profit to $1.2 billion, surpassing the $319 million in the year-earlier period on the back of a surprise surge in iron ore prices, but still fell short of market expectations.

22 Feb 2017

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