Fortescue Ltd

Equities

FMG

AU000000FMG4

Iron & Steel

Market Closed - Australian S.E. 01:10:09 2024-03-28 am EDT 5-day change 1st Jan Change
25.7 AUD +2.02% Intraday chart for Fortescue Ltd +2.11% -11.44%

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Australian shares hit record high, set for 5th straight monthly gain RE
Miners, healthcare firms push Australia stocks higher RE
Australian shares climb to 2-week high as miners, financials shine RE
Fortescue eyes developing its copper assets, not looking at Cobre Panama RE
FORTESCUE CHAIRMAN SAYS NOT LOOKING AT FIRST QUANTUM'S COBRE PAN… RE
Australia shares flat ahead of key RBA policy decision RE
Miners, banks pull down Australian shares; RBA in focus RE
Fortescue conducts world's first ammonia bunker trial in Singapore RE
Citi Upgrades Fortescue to Neutral From Sell; Price Target is AU$24 MT
Australian shares tick higher as banks gain RE
Australian shares skid off record high as banks, miners weigh RE
Australian Shares Hit Record High as Rate Cut Hopes Strengthen MT
Magmatic Resources Surges 44% After Signing Up to AU$14 Million JV With Fortescue MT
Australian shares inch lower as miners weigh; GDP print in focus RE
Australia shares inch lower as miners weigh; GDP data in focus RE
Australian shares skid off record highs to end lower; GDP data awaited RE
Australia shares retreat from record high as miners push back; growth data on tap RE
Miners, banks pull down Australian shares; US inflation data in focus RE
Australia shares end flat as financials offset gains in tech, energy stocks RE
Accelerate Resources Completes AU$300,000 Sale of Two East Pilbara Exploration Licenses; Shares Up 11% MT
Australian shares inch lower as banks weigh; US inflation data in focus RE
Fortescue's Forrest urges LME to separate 'clean' nickel contracts RE
Fortescue's Forrest urges LME to separate nickel contracts into 'dirty' and 'clean' RE
Australian shares track global peers higher on tech rally RE
News Highlights : Top Company News of the Day - Thursday at 5 AM ET DJ
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Fortescue Ltd, formerly Fortescue Metals Group Ltd, is an Australia-based integrated green technology, energy, and metals company. The Company operates through two segments: Metals, and Energy. The Metals segment is engaged in the exploration, development, production, processing, sale and transportation of iron ore, and the exploration for other minerals. The Energy segment is engaged in the development of green electricity, green hydrogen, and green ammonia projects. Through its growth project Iron Bridge and its interest in the Belinga Iron Ore Project in Gabon, it is investing in the growth of its iron ore business. Its integrated operations in the Pilbara include the Chichester, Solomon and Western mining hubs. Its mining infrastructure is connected to the five berth Herb Elliott Port and Judith Street Harbour towage facility in Port Hedland. The Solomon Hub in the Hamersley Ranges is located 60 kilometers (km) north of Tom Price and 120km to the west of the Chichester Hub.
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Trading Rating
Investor Rating
ESG Refinitiv
B-
More Ratings
Sell
Consensus
Buy
Mean consensus
UNDERPERFORM
Number of Analysts
16
Last Close Price
16.43 USD
Average target price
14.36 USD
Spread / Average Target
-12.62%
Consensus
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