Fortescue Metals Group Ltd

(FSUMF)

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Profile

Fortescue Metals Group Ltd is an Australia-based iron ore miner. It has grown from obscurity at the start of 2008 to become the world's fourth- largest producer. Growth was fuelled by debt, most of which has been repaid. Expansion from 55 million tonnes in fiscal 2012 to 170 million tonnes in 2017 means Fortescue supplies nearly 10% of global seaborne iron ore. However, with the iron ore market likely to be well supplied and longer-term demand subdued, we expect Fortescue's future margins to be below historical averages.

Contact Information

Website: www.fmgl.com.au
Email: investorrelations@fmgl.com.au
Main Phone: +61 862188888
Address: 87 Adelaide Terrace
Address 2: Level 2, East Perth
State: WA
City / Town: Perth
Country: AU
Postal Code: 6004

Issuer Information

Exchange: OTCQX
Employees: 3898
NAICS: All Other Metal Ore Mining(212299)

Equities News

Profile

Fortescue Metals Group Ltd is an Australia-based iron ore miner. It has grown from obscurity at the start of 2008 to become the world's fourth- largest producer. Growth was fuelled by debt, most of which has been repaid. Expansion from 55 million tonnes in fiscal 2012 to 170 million tonnes in 2017 means Fortescue supplies nearly 10% of global seaborne iron ore. However, with the iron ore market likely to be well supplied and longer-term demand subdued, we expect Fortescue's future margins to be below historical averages.

Contact Information

Website: www.fmgl.com.au
Email: investorrelations@fmgl.com.au
Main Phone: +61 862188888
Address: 87 Adelaide Terrace
Address 2: Level 2, East Perth
State: WA
City / Town: Perth
Country: AU
Postal Code: 6004

Issuer Information

Exchange: OTCQX
Employees: 3898
NAICS: All Other Metal Ore Mining(212299)

Equities News

$ 14.00 $ 0.29 (2.08%)
Last Price 14.00 Change $ 0.29 Change % 2.08 Tick N/A
Bid N/A Bid Size 0.00 Ask N/A Ask Size 0.00
Open 13.75 High 14.00 Low 13.75 Prev Close 13.72
Last Trade Volume 2,446 52 Wk Hi 14.12 52 Wk Low 5.16
Market Cap 43.1 bi Ex-Div Date Div Rate 1.43 Yield 10.4540
Shares 3,078,964,918.00 EPS (TTM) N/A PE Ratio N/A Exchange OTCQX