Fortescue holds the largest tenement portfolio in the pilbara region of western australia. Discover historical prices for fsumf stock on yahoo finance. The weighted average cost of capital wacc is the rate that a company is expected to pay on average to all its security holders to finance its assets. Fortescue metals group ltd level 2 87 adelaide terrace east perth wa 6004 australia. Fmg chief executive, nev power, told pm in an interview that. The largest publicly traded iron companies in the world.
View todays stock price, news and analysis for fortescue metals group ltd. While iron is the most used metal in the world, only a handful of companies focus on this key industrial metal due to the high costs of. Date share price share price change share price % change low price high price. Fortescue metals group has submitted a bid to be the developer of blocks 1 and 2 of the giant simandou iron ore project in guinea, west africa. Fortescue metals uses legal loophole to beat rivals to pilbara mining rights. It operates through the china and other geographical segments. Fmg is a global leader in the iron ore industry, recognised for its culture, innovation and industryleading development of world class infrastructure and mining assets in the pilbara, western australia. The western hub resources include significant amounts of high iron content bedded iron ore, adding high iron content, dry, low. It is engaged in the mining of iron ore from its cloudbreak and. Fortescue metals group is takeover target as share price.
Our iron ore tenements are key to maintaining mine life and sustaining product quality in fortescues core iron ore business. Iron ore miner, fortescue metals group fmg, says it is a takeover target but has not been approached by global miner, glencore. Share registry and dividend reinvestment plan fortescue. The wacc is commonly referred to as the firms cost of capital. It owns and operates the chichester hub that consists of the cloudbreak and christmas creek mines located in the chichester ranges in the pilbara, western australia. Generally speaking, a companys assets are financed by debt and equity. Fortescue metals share price falls over 7% motley fool staff january 28, 2020 5. Faces of fortescue meet briohny evans christmas creek superintendent fixed plant planning briohny evans is a finalist in the outstanding operatortechniciantrade women in resources category at the 2020 chamber of mineral and energys women in resources award. It has mines in the pilbara in western australia, and sells the majority of its production to china. View daily, weekly or monthly formats back to when fortescue fpo stock was issued. Fortescue metals group ltd fmg is an iron ore production and exploration company with assets located in the pilbara region of western australia.
The company has holdings of more than 87,000 km 2 in the pilbara region of western australia, making it the largest tenement holder in the state, larger. Free forex prices, toplists, indices and lots more. Former names fortescue metal group ltd fmg, 06112003. Fortescue metals group ltd fmg statistics shareprices. Participation in the drp is entirely optional and all shareholders with an australian or new zealand address on the fortescue register of members are eligible to participate. Fsugy broker reports brokerage reports the style scores are a complementary set of indicators. Fortescue metals group limited produces and sells iron ore in australia, china, and internationally. Fortescue metals group is a global leader in the iron ore industry, recognised for its culture, innovation and industryleading development of world class infrastructure and mining assets in the pilbara, western australia. In depth view into fortescue metals group market cap including historical data from 2008, charts, stats and industry comps.
Fortescue twitter channel fortescue linkedin channel fortescue. Ase including stock price, stock chart, company news, key statistics, fundamentals and company profile. Find the latest fortescue metals group ltd fsugy stock quote, history, news and other vital information to help you with your stock trading and investing. Fortescue metals group limited fortescue is engaged in the exploration, development, production, processing and sale of iron ore.
Fortescue metals group ltds dividend reinvestment plan provides shareholders with the option to automatically reinvest some or all their dividends in additional fortescue shares. Outstanding track record with excellent balance sheet. View realtime stock prices and stock quotes for a full financial overview. Fortescue metals group limited engages in the exploration, development, production, processing, and sale of iron ore in australia, china, and internationally.
Russias oil barons and metal magnates contains a critical analysis of the claims made against oligarchs. All content on is for your general information and use only and is not intended to address your particular requirements. Asx financials, including income statements, growth rates, balance sheets and cash flow information. In depth view into fortescue metals group book value per share including historical data from 2008, charts, stats and industry comps. Fmg share price, a big forecast dividend yield is on offer. Fortescue metals group fmg stock code fmg stock exchange ax fortescue metals group fmg is an iron ore explration company which owns significant ironore resources and it is a provider of necessary infrastructure. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by ft and is not intended to be relied upon by users in making or refraining from making any specific investment or other decisions. Fortescue metals uses legal loophole to beat rivals to. It generally represents the markets view of a companys stock value and is a determining factor in stock.
Thirtyfive members of the fortescue family stepped into the shoes of west australian families with sick children, as they stayed up all night to complete an overnight walking marathon to raise funds for ronald mcdonald house charities wa. Oligarchs and the state in transition fortescue, s. Aussie miner fortescue in onefor10 stock split reuters. Fortescue metals historical price data and fmg charts. Community service officer, management accountant, mining engineer and more on. Pricewaterhousecoopers 15125 st georges terrace perth wa 6000 what is fortescue metals group ltds principal share registry. 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.
Just take a look at fortescues forecast dividend yield, compared to. How has fortescue metals groups share price performed over. Of the 20 analysts covering bhp, 12 rate the stock a hold, six a buy and two a sell, according to bloomberg data. Register now to watch these stocks streaming on the advfn monitor. Who are the auditors for fortescue metals group ltd. Market cap is a measurement of business value based on share price and number of shares outstanding. A rising share price has us looking closely at fortescue metals group limiteds asx.
Otc us including stock price, stock chart, company news, key statistics, fundamentals and company profile. Link market services limited qv1 building, level 12 250 st georges terrace perth wa 6000. Ordinary share price change % change share price bid price offer price. The asx groups activities span primary and secondary market services, including capital formation and hedging, trading and price discovery australian securities exchange central counter party risk transfer asx clearing corporation. Fortescue metals group ltd often referred to as fmg is an australian iron ore company. Fortescue metals group ltd fsugy stock price, quote. Fmg share price fell over 7%, making it one of the worst falls in. Barrons also provides information on historical stock ratings. Fortescue is forecasting a significant reduction in cash costs in 2016, but we believe it will still be the highest cost producer of the four big miners.