FSUGY - Fortescue Metals Group Limited
| Previous Close | 25.67 |
| Open | 26.27 |
| Bid | 0.00 x 0 |
| Ask | 0.00 x 0 |
| Day's Range | 26.27 - 26.58 |
| 52 Week Range | 18.64 - 32.32 |
| Volume | |
| Avg. Volume | 43,063 |
| Market Cap | 40.904B |
| Beta (5Y Monthly) | 0.92 |
| PE Ratio (TTM) | 6.85 |
| EPS (TTM) | 3.88 |
| Earnings Date | N/A |
| Forward Dividend & Yield | 2.57 (9.99%) |
| Ex-Dividend Date | Feb 27, 2023 |
| 1y Target Est | N/A |
BloombergFortescue Hires Morris to Complete All-Female CEO, CFO Team
(Bloomberg) -- Australia’s Fortescue Metals Group Ltd. is set to become the only big global mining company with women in both the chief executive officer and chief financial officer roles.Most Read from BloombergChina Is Drilling a 10,000-Meter-Deep Hole Into the EarthInside the Making of Redfall, Xbox’s Latest MisfireDebt-Limit Deal Clears Congress, Ending Threat of US DefaultHedge Funds at War for Top Traders Dangle $120 Million PayoutsAmazon Is in Talks to Offer Free Mobile Service to US Prim
ZacksFortescue Metals Group Ltd. (FSUGY) Could Find a Support Soon, Here's Why You Should Buy the Stock Now
Fortescue Metals Group Ltd. (FSUGY) witnesses a hammer chart pattern, indicating support found by the stock after losing some value lately. This coupled with an upward trend in earnings estimate revisions could mean a trend reversal for the stock in the near term.
Simply Wall St.Could The Market Be Wrong About Fortescue Metals Group Limited (ASX:FMG) Given Its Attractive Financial Prospects?
With its stock down 10% over the past month, it is easy to disregard Fortescue Metals Group (ASX:FMG). However, a...
- Simply Wall St.
Does This Valuation Of Fortescue Metals Group Limited (ASX:FMG) Imply Investors Are Overpaying?
Key Insights Fortescue Metals Group's estimated fair value is AU$15.66 based on 2 Stage Free Cash Flow to Equity...
- Oilprice.com
What Does The Future Hold For Iron Ore Markets?
Iron ore futures have risen sharply due to improved steel plant profitability, positive demand forecasts in China, and warnings from the Chinese government against hoarding.
ZacksIs This a Good Time to Invest in Dividend Stocks?
Dividends may not be the only things you should be hunting for.
- Simply Wall St.
Fortescue Metals Group First Half 2023 Earnings: EPS Misses Expectations
Fortescue Metals Group ( ASX:FMG ) First Half 2023 Results Key Financial Results Revenue: US$7.84b (down 3.6% from 1H...
ReutersAustralia's Fortescue FFI sees Texas potential among 5 key projects
Australia's Fortescue Metals Group sees green hydrogen production in Texas as likely to be one of five key projects its energy division will decide to invest in this year, the company's green energy chief said on Wednesday. The world's fourth largest iron ore maker is expanding into production of hydrogen from renewable resources, known as green hydrogen, under its Fortescue Future Industries (FFI) unit, and aims to become a global powerhouse in renewable energy.
ReutersFortescue Metals preparing to cut up to 1,000 jobs - The Australian
Fortescue Metals Group is looking to cut up to 1,000 jobs across its back office and clean energy unit as part of a cost-cutting exercise, The Australian reported on Thursday, less than week before Fortescue reports half-yearly results. The cuts will be across Fortescue Future Industries, a clean energy subsidiary focused on producing hydrogen using renewable energy, and head office functions like finance and IT, the Australian reported, citing unnamed sources.
- Simply Wall St.
We Think Fortescue Metals Group (ASX:FMG) Might Have The DNA Of A Multi-Bagger
To find a multi-bagger stock, what are the underlying trends we should look for in a business? Ideally, a business will...
- Reuters
UPDATE 1-Plug Power scraps electrolyser plant partnership with Fortescue
Plug Power has walked away from building an electrolyser manufacturing plant in Australia with Fortescue Metals Group as the economics did not work, Plug Chief Executive Officer Andrew Marsh said on Thursday. The project, announced in October 2021, is a key plank in Fortescue's ambition to become a major green energy company through its Fortescue Future Industries (FFI) arm and produce 15 million tonnes a year of green hydrogen by 2030. Fortescue had planned to build the world's biggest factory to make electrolysers with Plug Power and began construction in Gladstone in Australia's northeast last February aiming to produce their first electrolyser in 2023.
- Reuters
Plug Power scraps electrolyser plant partnership with Fortescue
Plug Power has walked away from building an electrolyser manufacturing plant in Australia with Fortescue Metals Group as the economics did not work, Plug Chief Executive Officer Andrew Marsh said on Thursday. The project, announced in October 2021, was to be a key plank in Fortescue's transition toward becoming a major green energy company through its Fortescue Future Industries arm. Fortescue announced plans with Plug Power in October 2021 to build the world's biggest factory to make electrolysers and held a sod-turning at the site in Gladstone in Australia's northeast last February aiming to produce their first electrolyser in 2023.
- Reuters
Davos 2023-Fortescue sees renewables overtaking iron ore business
Renewable energy is likely to eventually overtake Fortescue Metals Group's iron ore business, despite strong tailwinds for the commodity ahead, the company's former chief executive officer Elizabeth Gaines said at Davos. Fortescue would continue growing its iron ore business, but the scale of the world's green energy transition would boost demand for renewable energy far more, said Gaines, non-executive director and global green ambassador at Fortescue, on the sidelines of World Economic Forum's annual meeting in Davos.
- Simply Wall St.
Fortescue Metals Group Limited (ASX:FMG) is favoured by institutional owners who hold 56% of the company
A look at the shareholders of Fortescue Metals Group Limited ( ASX:FMG ) can tell us which group is most powerful. With...
ZacksFortescue Metals Group Ltd. (FSUGY) Upgraded to Buy: Here's Why
Fortescue Metals Group Ltd. (FSUGY) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
- Simply Wall St.
Fortescue Metals Group (ASX:FMG) shareholders have earned a 49% CAGR over the last five years
The worst result, after buying shares in a company (assuming no leverage), would be if you lose all the money you put...
- Simply Wall St.
Great news for Fortescue Metals Group Limited (ASX:FMG): Insiders acquired stock in large numbers last year
Generally, when a single insider buys stock, it is usually not a big deal. However, when several insiders are buying...
ReutersAustralia's Fortescue taps Woodside veteran as CEO amid green energy push
Hick joins Fortescue at a time when the iron ore giant is delving into mining of critical minerals and rare-earths and is also striving to transition into a green energy firm through its unit Fortescue Future Industries (FFI). Hick spent more than two decades at Woodside, most recently as the executive vice-president of Australian operations, part of the team that led the company through its $40 billion merger with global miner BHP Group's petroleum arm.
- Reuters
REFILE-UPDATE 2-Australia's Fortescue taps Woodside veteran as CEO amid green energy push
Australia's Fortescue Metals Group on Tuesday appointed former Woodside Energy executive Fiona Hick as its chief executive officer, effective February 2023, as Elizabeth Gaines made way for a new boss in August. Hick joins Fortescue at a time when the iron ore giant is delving into mining of critical minerals and rare-earths and is also striving to transition into a green energy firm through its unit Fortescue Future Industries (FFI).
- Simply Wall St.
Are Robust Financials Driving The Recent Rally In Fortescue Metals Group Limited's (ASX:FMG) Stock?
Fortescue Metals Group's (ASX:FMG) stock is up by a considerable 21% over the past month. Since the market usually pay...
ReutersAustralia's Fortescue quarterly iron ore shipments, costs rise
(Reuters) -Australia's Fortescue Metals Group reported a 4.2% rise in first-quarter iron ore shipments on Thursday, boosted by higher production at its key operations in Western Australia, and said rising prices of diesel and labour bumped up costs. The production report from the world's No.4 iron ore miner came against the backdrop of sliding prices of the steel-making commodity as top consumer China's strict COVID-19 curbs and under-pressure property sector have slammed its economy. Last week, rival Rio Tinto forecast annual iron ore shipments at the lower end of its earlier forecast, while BHP said it expected macro-economic uncertainties to continue to affect supply chains, energy costs and labour markets in the short term.
- Reuters
Fortescue, Tree Energy to develop green hydrogen import facility in Germany
The world's fourth largest iron ore producer said the partnership will help supply 300,000 tonnes of green hydrogen in the initial phase, with a financial investment decision targeted for 2023. Fortescue will invest 130 million euros ($129.75 million), of which 30 million euros will be in TES and the rest in the facility in Wilhelmshaven, Germany.
- Simply Wall St.
Fortescue Metals Group Limited's (ASX:FMG) Intrinsic Value Is Potentially 28% Above Its Share Price
How far off is Fortescue Metals Group Limited ( ASX:FMG ) from its intrinsic value? Using the most recent financial...
- Simply Wall St.
Returns on Capital Paint A Bright Future For Fortescue Metals Group (ASX:FMG)
What are the early trends we should look for to identify a stock that could multiply in value over the long term...
ZacksFortescue Metals (FSUGY) FY22 Earnings Lag Estimates, Fall Y/Y
Fortescue Metals' (FSUGY) revenues and earnings in fiscal 2022 plunge year over year despite higher shipments, mainly affected by lower iron ore prices.