Fortescue Metals Group Ltd (FMG)

21.950
-0.290(-1.30%)
  • Volume:
    7,903,121
  • Bid/Ask:
    21.940/21.950
  • Day's Range:
    21.660 - 22.010
Earnings results expected in 10 days

Fortescue Metals will announce its quarterly financial results in 10 days. Traders should take this into account as the share price often fluctuates around this time period.

1 / 2

FMG Overview

Prev. Close
22.24
Day's Range
21.66-22.01
Revenue
12.19B
Open
21.75
52 wk Range
14.5-23.25
EPS
2.01
Volume
7,903,121
Market Cap
67.53B
Dividend (Yield)
2.07
(9.17%)
Average Volume (3m)
7,660,451
P/E Ratio
7.71
Beta
0.955
1-Year Change
2.86%
Shares Outstanding
3,076,539,632
Next Earnings Date
14 Feb 2023
What is your sentiment on Fortescue Metals?
or
Market is currently closed. Voting is open during market hours.

Fortescue Metals Group Ltd News

Fortescue Metals Group Ltd Analysis

  • The Overnight Report: Hanging In

    By Greg Peel Bad News! According to NAB’s December business confidence survey, business conditions have deteriorated, with the index falling -8 points to +12. Oh woe is us....

  • The Overnight Report: Cool

    Bank On It After a strong session on Wall Street on Monday night, our futures were up 49 points yesterday morning. After a stumbling start this came to pass, with the ASX200...

  • The Overnight Report: Off The Rails

    Death in China On a comeback close for Wall Street on Friday night, the ASX200 jumped over 20 points from the open yesterday, but thereafter no one was interested. The index sank...

Fortescue Metals Group Ltd Company Profile

Fortescue Metals Group Ltd Company Profile

Employees
0
Market
Australia

Fortescue Metals Group Ltd (Fortescue) is an Australia-based company engaged in iron ore mining. The Company is engaged in development of infrastructure and mining assets. It is focused on exploration, development, production, processing, and sale of iron ore. Fortescue owns and operates a fully integrated infrastructure and supply chain, including five-berth Herb Elliott Port in Port Hedland; the Judith Street Harbour towage infrastructure and the heavy-haul railway covering 620 kilometers of track. Fortescue is also developing the Eliwana Mine and Rail Project and the Iron Bridge Magnetite Project. It is also focused on Paterson and Rudall projects in Western Australia and a drilling program at Vulcan South on the Tasman Resources Joint Venture project in South Australia. Fortescue activities include drilling programs in Argentina and exploration activities over several project areas in Chile, Brazil and Ecuador. It also operates The Solomon Hub in the Hamersley Ranges.

Read More

Analyst Price Target

Average12.199 (-44.423% Downside)
High16.2081
Low9.0866
Price21.950
No. of Analysts17
Strong Sell
Sell
Neutral
Buy
Strong Buy
Sell
Analysts Consensus

Technical Summary

Type
5 Min
15 Min
Hourly
Daily
Monthly
Moving AveragesBuyNeutralSellNeutralStrong Buy
Technical IndicatorsSellStrong BuyStrong SellStrong SellStrong Buy
SummaryNeutralBuyStrong SellSellStrong Buy
  • Looks like FMG is going to decline. Especially after the next dividend in March 2022. Winter in China is coming and the building industry in facing long term problems.
    1
    • What are the long term problems?
      0
  • Iton ore jumps !!
    1
    • Bullish
      0
      • Definitely a good buy as of lately, Iron demand by china has driven its stock up to a 52 week high and will continue to grow
        3
        • it's not rocket science
          0