Fortescue Metals Group Ltd (FSUMF): New Buy Recommendation for This Basic Materials Giant
In a report released yesterday, Kaan Peker from RBC Capital maintained a Buy rating on Fortescue Metals Group Ltd (FSUMF – Research Report), ...
Bell Potter upgrades Fortescue Metals Group Ltd (FSUMF) to a Hold
Fortescue Metals Group Ltd (FSUMF – Research Report) received a Hold rating and a A$16.85 price target from Bell Potter analyst David Coates ...
Reuters4 天
Fortescue misses profit estimates, shares slide
MELBOURNE, Feb 20 (Reuters) - Fortescue (FMG.AX), opens new tab reported a slump in first-half profit on Thursday, missing analysts' forecasts, and said it was reconsidering the timeframes for ...
Motley Fool Australia2 天
Why did the Fortescue share price just plunge 7%?
Learn More The Fortescue Ltd (ASX: FMG) share price is falling hard today. Shares in the S&P/ASX 200 Index (ASX: XJO) mining stock closed yesterday trading for $19.45. At the time of writing in ...
Yahoo Finance3 天
Fortescue Profit Plunges as China’s Iron Ore Demand Declines
(Bloomberg) -- Fortescue Ltd.’s first-half profit plunged by 53% from the year before as demand for iron ore from biggest consumer China softened. The slump in net income to $1.55 billion for ...
The Australian Financial Review2 天
Fortescue reconsiders US hydrogen timeline after Trump win
Gift 5 articles to anyone you choose each month when you subscribe. Fortescue is considering pausing almost $1 billion of approved hydrogen projects in Australia and the United States as it ...
Mining Weekly3 天
Fortescue secures over 90% of Red Hawk
ASX-listed Fortescue has acquired a 90.09% stake in Red Hawk Mining through its wholly owned subsidiary FMG Pilbara, triggering a compulsory acquisition process. In a market notice issued on ...
The bull3 天
Fortescue Metals Shares (ASX: FMG) Move Red YTD as Margins Narrow
Fortescue Metals shares (ASX: FMG) moved 3.03% into the red year-to-date, as today’s update failed to live up to expectations. The FMG share price ended the day down 6.22% as $18.24, within the ...
The Australian Financial Review3 天
Fortescue faces $1.8b native title compensation claim
Gift 5 articles to anyone you choose each month when you subscribe. Fortescue and the state of Western Australia have been hit with a $1.8 billion native title claim in an extraordinary escalation ...
stockhead3 天
Bumper results day sees RIO, FMG, PLS and more report
While Rio’s diversification helped limit losses from the iron ore price, Andrew Forrest’s Fortescue (ASX:FMG) saw its NPAT drop 53% to US$1.553bn as its underlying EBITDA sank 38% to US$3.641bn for ...
The Australian3 天
Andrew Forrest’s Fortescue misses mark on earnings, dividend
Andrew Forrest-led Fortescue blamed US president Donald Trump, European policy uncertainty and the looming federal election in Australia for its latest second thoughts on green hydrogen projects.