FMG.AX - Fortescue Metals Group Limited

ASX - ASX Delayed price. Currency in AUD
4.68
+0.05 (+1.08%)
At close: 4:10PM AEST
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Previous close4.63
Open4.62
Bid0.00 x 0
Ask0.00 x 0
Day's range4.62 - 4.72
52-week range4.18 - 6.07
Volume8,582,687
Avg. volume15,904,164
Market cap14.567B
Beta1.13
PE ratio (TTM)9.42
EPS (TTM)0.50
Earnings date20 Feb. 2018 - 26 Feb. 2018
Forward dividend & yield0.51 (11.33%)
Ex-dividend date2018-03-01
1y target est4.03
  • Iron Ore Billionaire Studying 1,500-Mile Gas Pipeline Dream
    Bloomberg11 days ago

    Iron Ore Billionaire Studying 1,500-Mile Gas Pipeline Dream

    Billionaire Andrew Forrest is studying a proposed 1,500-mile (2,400-kilometer) transcontinental natural gas pipeline across Australia as part of his iron ore company’s strategy to diversify.

  • Fortescue Metals Chairman Does Not Want to See a Trade War
    Bloomberg12 days ago

    Fortescue Metals Chairman Does Not Want to See a Trade War

    Stephen Engle interviews Fortescue Metals Chairman, Andrew Forrest, at the Boao Forum for Asia on China's Hainan Island. He talks about the ramifications of a U.S.-China trade war, Xi Jinping's response ...

  • Iron Ore Giant Says Miners Have Shut Gates on Adding New Supply
    Bloomberg14 days ago

    Iron Ore Giant Says Miners Have Shut Gates on Adding New Supply

    Global iron ore miners have turned off the tap on adding new production capacity to feed China’s steel mills as the world’s largest customer is already awash with supplies, according to Fortescue Metals ...

  • China Demand for Steel Is Still Strong Says Fortescue CEO
    Bloomberg14 days ago

    China Demand for Steel Is Still Strong Says Fortescue CEO

    Fortescue Metals Group CEO Elizabeth Gaines weighs in on trade tariffs, U.S. and China tensions, and talks about the demand for iron ore. She speaks with Stephen Engle from the Boao Forum for Asia, in ...

  • Fortescue CEO Says Tariffs Won't Have Much Impact on Demand for Iron Ore
    Bloomberg14 days ago

    Fortescue CEO Says Tariffs Won't Have Much Impact on Demand for Iron Ore

    Fortescue Metals Group CEO Elizabeth Gaines discusses the impact of U.S.-China trade friction on the iron ore market on "Bloomberg Markets: European Open" from the Boao Forum for Asia. (Source: ...

  • Fortescue Profits Take a Tumble
    Bloomberg2 months ago

    Fortescue Profits Take a Tumble

    Fortescue CEO Elizabeth Gaines discusses the company's earnings and performance, and talks about iron ore shipments to China. She speaks on "Bloomberg Daybreak: Europe." (Source: Bloomberg)

  • Bloomberg2 months ago

    Fortescue's Return on Equity Slips to 7%

    Bloomberg's Paul Allen reports on the Australian stock market. He speaks with Ramy Inocencio and Yvonne Man on "Bloomberg Daybreak: Australia." (Source: Bloomberg)

  • AAP5 months ago

    Fortescue appealing native title decision

    Fortescue Metals Group is appealing against a native title ruling covering more than 2700sq km of Pilbara land in WA, including where the company operates its Solomon iron ore mine. When the Federal Court recognised the Yindjibarndi people as having exclusive rights to the land in July, the company said it would likely appeal the ruling. Justice Steven Rares travelled to the Millstream Chichester National Park in November to make his final determination, triggering a 21-day period for Fortescue to appeal.

  • AAP5 months ago

    Fortescue looks to diversify under new CEO

    Iron ore miner Fortescue Metals has named its finance head Elizabeth Gaines as the new chief executive, after a months-long global search to replace the retiring Nev Power. The company on Thursday also announced further changes to its management team, vowed to raise the grades of its iron ore production and suggested it would likely diversify into other products. Fortescue picked Ms Gaines - a former chief executive of travel group Helloworld - as CEO, less than a year after appointing her to the chief financial officer role.