Edition:
India

Fortescue Metals Group Ltd (FMG.AX)

FMG.AX on Australia Stock Exchange

5.03AUD
24 Aug 2016
Change (% chg)

$0.13 (+2.65%)
Prev Close
$4.90
Open
$4.99
Day's High
$5.13
Day's Low
$4.97
Volume
18,419,185
Avg. Vol
19,844,241
52-wk High
$5.13
52-wk Low
$1.44

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. The Company is engaged in the mining of iron ore from its mining properties, operation of rail and port supply chain and the expansion of iron ore operations. Its Cloudbreak mine site is located... (more)

Overall

Beta: 1.83
Market Cap(Mil.): $15,257.61
Shares Outstanding(Mil.): 3,113.80
Dividend: 0.12
Yield (%): 3.06

Financials

  FMG.AX Industry Sector
P/E (TTM): 11.83 25.40 18.30
EPS (TTM): 0.41 -- --
ROI: 5.27 -7.64 8.02
ROE: 12.36 -10.55 8.91

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

Russia's MMK to use funds from selling part of Fortescue stake to repay debt - CFO

MOSCOW, May 6 Russian steelmaker MMK will use funds it is to receive from selling part of its stake in Australian iron ore company Fortescue to repay debt over 2017-2019, Chief Financial Officer Sergey Sulimov said on Friday.

06 May 2016

UPDATE 2-Fortescue sees stable iron ore price as China curbs speculation

* Says China balancing need for investment with futures curbs

04 May 2016

UPDATE 1-Australia's Fortescue says could exceed iron ore output target

SYDNEY, April 13 Australia's Fortescue Metals Group shipped a flat 42 million tonnes of iron ore in the March quarter, putting it on track to exceed its annual production target, while lowering cash costs by 6 percent from the previous quarter.

13 Apr 2016

UPDATE 1-Iron ore miner Fortescue drops Downer EDI in costs drive

* Sees a way to cut costs (Adds quotes, details, context throughout)

04 Apr 2016

China says not received application from Vale, Fortescue for planned JV

BEIJING China's Commerce Ministry said on Thursday it had not received an application for regulatory approval from iron ore miners Vale and Fortescue Metals Group in relation to their planned joint venture.

10 Mar 2016

REFILE-China says not received application from Vale, Fortescue for planned JV

BEIJING, March 10 China's Commerce Ministry said on Thursday it had not received an application for regulatory approval from iron ore miners Vale and Fortescue Metals Group in relation to their planned joint venture.

10 Mar 2016

Brazil Vale still plans asset sales despite Fortescue talks

SAO PAULO Brazilian miner Vale SA still plans to sell about $10 billion of assets in order to reduce debt, even after announcing it was in talks about potentially buying a minority stake in Australian rival Fortescue Metals Group , a press representative told Reuters on Wednesday.

09 Mar 2016

Earnings vs. Estimates