Fortescue Metals Group Ltd (FMG.AX)

FMG.AX on Australia Stock Exchange

1.89AUD
8:40am IST
Change (% chg)

$-0.04 (-2.07%)
Prev Close
$1.93
Open
$1.91
Day's High
$1.91
Day's Low
$1.88
Volume
10,505,692
Avg. Vol
23,151,840
52-wk High
$5.03
52-wk Low
$1.75

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: 1.89
Market Cap(Mil.): $6,196.46
Shares Outstanding(Mil.): 3,113.80
Dividend: 0.03
Yield (%): 6.53

Financials

  FMG.AX Industry Sector
P/E (TTM): 3.57 22.54 19.88
EPS (TTM): 0.56 -- --
ROI: 6.69 -0.86 13.98
ROE: 18.67 -1.92 15.74
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Fortescue tie-up with a China steel group makes sense-official

SYDNEY, May 28 - Debt-heavy Australian iron ore miner Fortescue Metals Group could find willing investors in Chinese steel mills anxious to ensure multiple sources of supply for the raw material, a senior Chinese government official said on Thursday.

28 May 2015

UPDATE 1-Fortescue says unaware of any approach to Australian regulators

* Chinese-linked firms seek nod to invest in Fortescue -report

26 May 2015

Fortescue founder asks Australians to fight Rio, BHP iron ore plans

SYDNEY, May 11 - Fortescue Metals Group Chairman Andrew "Twiggy" Forrest on Monday called on Australians to urge the government to stop expansion plans by iron ore miners Rio Tinto and BHP Billiton, saying they were jeopardizing the economy.

11 May 2015

UPDATE 3-Rio Tinto unshakeable on iron ore expansion plans

* Fortescue, IOC, Kumba under pressure from low prices (Changes dateline, adds analyst comment, detail on rivals)

07 May 2015

UPDATE 1-Australia won't pursue Fortescue over call to cap iron output

MELBOURNE, April 30 - Australia's anti-trust watchdog said on Thursday it will not take any action against Fortescue Metals Group for comments by its chairman last month urging bigger rivals to join it in capping iron ore output to shore up prices.

30 Apr 2015

REFILE-UPDATE 2-Fortescue pays up to get $2.3 bln bond over the line

NEW YORK/SYDNEY, April 23 (IFR/Reuters) - Australian miner Fortescue Metals Group has refinanced $2.3 billion of its debt pile on a third attempt, but was forced to pay a higher yield amid investor concerns about the state of the iron ore market.

24 Apr 2015

RPT-Fortescue bond trades up massively in secondary market

LONDON, April 23 (IFR) - A new bond for Fortescue Metals Group has rocketed up more than three points in the secondary market on Thursday, suggesting investors had the Australian iron ore producer over a barrel on pricing.

24 Apr 2015

Fortescue bond trades up massively in secondary market

LONDON, April 23 (IFR) - A new bond for Fortescue Metals Group has rocketed up more than three points in the secondary market on Thursday, suggesting investors had the Australian iron ore producer over a barrel on pricing.

23 Apr 2015

UPDATE 2-Fortescue pays up to get $2.3 bln bond over the line

* Cost cuts, ore price jump spurred bond demand - CFO (Adds CFO comments)

23 Apr 2015

CORRECTED-UPDATE 1-Fortescue pays up to get $2.3 bln bond over the line

NEW YORK/SYDNEY, April 23 - Australian miner Fortescue Metals Group has refinanced $2.3 billion of its debt pile on a third attempt, but was forced to pay a higher yield amid investor concerns about the state of the iron ore market.

23 Apr 2015

Earnings vs. Estimates

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