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
High dividend Yield

Dividend yield shows how much a company pays its shareholders in dividends annually per dollar invested. It reflects how much an investor will earn aside from any capital gains in the stock.

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
3.88%
Shares Outstanding
3,076,539,632
Next Earnings Date
16 May 2023
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Fortescue Metals Group Ltd Analysis

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.

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Analyst Price Target

Average11.931 (-45.644% 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
  • Channeling 10% profits into future focussed renewables from this year on. Australia well positioned to be a renewables powerhouse. Fortescue researching green steel from hydrogen. This is no longer just an iron ore miner.
    1
    • Looks interesting but with global slowing down as a result of US trade war with China and EU, demand for iron ore will plunge. Future prospects looks dim and likely to affect future performance
      0