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Fortescue Ltd (FMG.AX)

ASX - ASX Delayed price. Currency in AUD
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25.70+0.51 (+2.02%)
At close: 04:10PM AEDT
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Previous close25.19
Open25.58
Bid25.67 x 273400
Ask25.71 x 233000
Day's range25.39 - 25.78
52-week range18.91 - 29.95
Volume5,556,477
Avg. volume5,734,417
Market cap79.129B
Beta (5Y monthly)0.88
PE ratio (TTM)8.99
EPS (TTM)N/A
Earnings dateN/A
Forward dividend & yield2.16 (8.57%)
Ex-dividend date28 Feb 2024
1y target estN/A
  • Reuters

    Hydrogen industry pleads for easier path to US tax credits

    Some companies planning to use new U.S. tax credits to deploy hydrogen projects urged the Treasury Department this week to ease proposed environmental requirements, warning that they could hinder the nascent industry’s takeoff. Treasury and the Internal Revenue Service hosted hearings this week on the guidance they released in December governing implementation of the Clean Hydrogen Production, or 45V, tax credit, one of the most lucrative incentives in the 2022 Inflation Reduction Act. The credit would create a 10-year incentive for clean hydrogen production of up to $3.00/kilogram.

  • Simply Wall St.

    Calculating The Fair Value Of Fortescue Ltd (ASX:FMG)

    Key Insights Fortescue's estimated fair value is AU$26.92 based on Dividend Discount Model Current share price of...

  • Reuters

    UPDATE 1-Fortescue eyes developing its copper assets, not looking at Cobre Panama

    Australia's Fortescue , the world's fourth-largest iron ore miner, is looking at developing its copper resources but has not made a decision yet, its founder and executive chairman told Reuters on Saturday. However, he said the company was not looking at First Quantum's idled Cobre Panama copper mine. Cobre Panama, one of the world's largest open-pit copper mines, was forced to shut in December after Panama's top court ruled its contract was unconstitutional.