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Fortescue Metals Group Limited

FMG.AX

Latest Trade

15.27AUD

Change

-1.98(-11.48%)

Volume

44,821,396

Today's Range

15.18

 - 

16.11

52 Week Range

15.18

 - 

26.58

As of on the Australian Stock Exchange Ltd ∙ Minimum 15 minute delay

Pricing

Previous Close
17.25
Open
15.98
Volume
44,821,396
3M AVG Volume
208.25
Today's High
16.11
Today's Low
15.18
52 Week High
26.58
52 Week Low
15.18
Shares Out (MIL)
3,077.30
Market Cap (MIL)
47,015.79
Forward P/E
3.70
Dividend (Yield %)
23.44

Next Event

Q1 2022 Fortescue Metals Group Ltd Activities Report

Latest Developments

更多

Fortescue Signs Management Framework With Eastern Guruma People

Fortescue FY Underlying NPAT $10.35 Bln

Fortescue Sees FY22 Guidance For Shipments Of 180 - 185 Mt

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About Fortescue Metals Group Limited

Fortescue Metals Group Limited (Fortescue) is an Australia-based company engaged in iron ore mining. The Company 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. The Company is also developing the Eliwana Mine and Rail Project and the Iron Bridge Magnetite Project. Its Chichester Hub in the Chichester Ranges includes the Cloudbreak and Christmas Creek mines. The Solomon Hub in the Hamersley Ranges is located 60 kilometers north of Tom Price and 120 kilometers to the west of its Chichester Hub. It includes the Firetail and Kings Valley mines, which together have a production capacity of 75 million tons per annum (mtpa). Its Iron Bridge project is located over 145 kilometers south of Port Hedland.

Industry

Metal Mining

Contact Info

Level 2 87 Adelaide Terrace, East Perth

PERTH, WAS

6004

Australia

+61.8.62188888

http://fmgl.com.au/

Executive Leadership

John Andrew Henry Forrest

Non-Independent Non-Executive Chairman of the Board

Elizabeth Anne Gaines

Chief Executive Officer, Managing Director, Executive Director

Mark B. Barnaba

Lead Non-Executive Independent Deputy Chairman of the Board

Ian Wells

Chief Financial Officer

Julie Shuttleworth

Chief Executive Officer - Fortescue Future Industries

Key Stats

2.89 mean rating - 18 analysts
Sell
Hold
Buy
Revenue (MM, USD)

2019

10.0K

2020

12.8K

2021

22.3K

2022(E)

21.8K
EPS (USD)

2019

1.029

2020

1.536

2021

3.350

2022(E)

3.056
Price To Earnings (TTM)
3.34
Price To Sales (TTM)
1.54
Price To Book (MRQ)
1.93
Price To Cash Flow (TTM)
2.94
Total Debt To Equity (MRQ)
23.99
LT Debt To Equity (MRQ)
23.04
Return on Investment (TTM)
45.67
Return on Equity (TTM)
39.76

Latest News

Latest News

UPDATE 6-Fortescue posts record profit, dividend but cuts management bonuses

* Founder Andrew Forrest to net $1.6 bln from final dividend (Adds new emissions goals, analyst comment on bonus cut)

Iron ore miner Fortescue posts record annual profit

Fortescue Metals Group Ltd reported a record annual profit and a bumper dividend on Monday after the Australia-based iron ore miner posted record shipments to take advantage of soaring prices of the steelmaking ingredient.

Australia shares set to open higher; NZ rises

Australian shares are set to open higher on Monday, taking cues from a strong Wall Street rally on Friday, with earnings from iron ore miner Fortescue Metals Group Ltd and Crown Resorts Ltd expected in the session. The local share price index futures rose 0.2%, a 47.3-point...

UPDATE 1-Fortescue worker tests positive for COVID-19 at Western Australia site

Fortescue Metals Group said on Wednesday a maintenance contractor working at its Cloudbreak iron ore mine in Western Australia had tested positive for COVID-19 but that there had been no material impact to operations.

UPDATE 2-China demand powers Fortescue shipments to record, beats annual estimate

Australia's Fortescue Metals Group Ltd on Thursday narrowly beat its full-year estimate for iron ore shipments after a record fourth quarter, as strong demand from top consumer China offset the impact of bad weather.

Fortescue reports record fourth-quarter iron ore shipments

Australia's Fortescue Metals Group Ltd on Thursday reported record iron ore shipments for its fourth quarter, as strong industrial activity in top consumer China underpinned demand for the steelmaking ingredient.

UPDATE 2-Fortescue quarterly costs jump as wet weather dents iron ore shipments

* Tight supply, strong steel demand supports high iron ore price

Fortescue third-quarter shipments flat due to weather disruptions

Fortescue Metals Group Ltd on Thursday reported flat third-quarter iron ore shipments as wet weather disrupted its mine operations in the Pilbara region of Australia.

Australia's Fortescue eyes Brazil plant amid green hydrogen push

Fortescue Metals Group Ltd is looking to build a green hydrogen plant in Brazil, executives told Reuters on Monday, as the Australian miner acts on recently announced plans to go carbon neutral by 2030.

Aboriginal group to rate miners like Rio, Fortescue on performance

An Aboriginal group on Wednesday said it plans a scorecard to rate miners in Western Australia's iron ore heartland on how well they comply with various environmental, social and governance metrics.

Former Australian PM Turnbull joins Fortescue's green unit

Former Australian Prime Minister Malcolm Turnbull has joined Fortescue Metals Group's new green energy development company as chairman of its Australian unit, the iron ore miner said on Tuesday.

UPDATE 4-Fortescue declares bumper dividend, but faces setback in green push

* Shares climb 2.6% (Recast, adds detail on renewables projects for growth)

UPDATE 1-Fortescue CEO says iron ore market to remain robust for some time

The global iron ore market is likely to remain robust for some time, given supply concerns and stronger-than-usual demand from top consumer China, Fortescue Metals Group Chief Executive Elizabeth Gaines said on Thursday.

Fortescue CEO says iron ore market to remain robust for some time

The global market for iron ore market is likely to remain robust for some time, given supply concerns and stronger-than-usual demand from top consumer China, Fortescue Metals Group Chief Executive Elizabeth Gaines said on Thursday.

UPDATE 3-Fortescue COO, executives step down amid Iron Bridge review

* Fortescue says to do with team culture, communication breakdown

Fortescue COO, executives resign amid Iron Bridge review

Australia's Fortescue Metals Group Ltd said on Tuesday Chief Operating Officer Greg Lilleyman and two other executives had resigned as part of a review of its Iron Bridge Magnetite project in Western Australia.

UPDATE 2-Australia's Fortescue expects robust demand for steel next year

* Iron ore supply expected to be tight in coming months (Adds details on Fortescue expansion)

Australia shares notch 7-day winning streak; NZ closes at record high

* Infratil jumps 20% after rejecting takeover offer (Updates to close)

UPDATE 1-Fortescue, Origin assess green ammonia, hydrogen plants in Australia's Tasmania

Fortescue Metals Group and Origin Energy Ltd announced on Tuesday separate plans to assess building ammonia export plants in the Australian island state of Tasmania, as both seek to tap opportunities in renewable energy.

Fortescue assessing green ammonia plant in Australia's Tasmania

Fortescue Metals Group said on Tuesday it was assessing prospects to build an ammonia plant in the southern island state of Tasmania, as part of its push to become a major renewable energy producer.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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