Fortescue Ltd

Equities

FMG

AU000000FMG4

Iron & Steel

Delayed Australian S.E. 05:01:53 18/07/2024 BST 5-day change 1st Jan Change
22.14 AUD -1.01% Intraday chart for Fortescue Ltd +0.57% -23.76%
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Sparc Technologies Says Fortescue's Organizational Shakeup Will Not Affect Hydrogen JV; Shares Hit All-Time Low MT
Fortescue Appoints Group CFO, COO MT
Australia's Fortescue to cut about 700 jobs; appoints insider Apple Paget as CFO RE
Australia's Fortescue appoints insider Apple Paget as CFO RE
Fortescue to Lay Off About 700 Workers; Names Apple Paget as Group CFO DJ
Apple Paget to Move from Acting Chief Financial Officer to Group Chief Financial Officer of Fortescue Ltd CI
Fortescue Ltd Announces Executive Changes CI
Australian shares muted as Rio Tinto's over 2% drop offsets gains in banks RE
Golden Sky Minerals up 9.7% as it Identifies New Geophysical Targets at its Rayfield Copper-Gold Property MT
Golden Sky Minerals Identifies New Geophysical Targets, Expands Rayfield Copper-Gold Property in British Columbia MT
Extended Iron Ore Price Fall Push Down Australian Shares MT
NZ shares flat after c.bank holds rate as expected; Aussie shares lower RE
Weaker Iron Ore Prices Drag Australian Shares MT
Australia shares end lower; eyes on key data points this week RE
Miners drag Australian shares lower on weaker iron ore prices RE
Iron Ore Price Concerns Bear Down on Australian Shares MT
Fortescue Ltd Announces Executive Changes CI
Barrenjoey Markets Downgrades Fortescue to Underweight From Neutral; Price Target is AU$21 MT
Miner BHP's carbon emissions to rise slightly this year RE
Strategic Energy Resources Commences Gravity Survey at Queensland Project MT
Mining, gold stocks lift Australian shares; c.bank's hawkish stance caps gains RE
Australian shares inch lower as inflation woes persist RE
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The Capital Group Cos. Trims Fortescue Stake to 6.62% MT
Australian shares struggle for direction as c.bank flags inflation woes RE
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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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More about the company
Trading Rating
Investor Rating
ESG Refinitiv
B-
More Ratings
Sell
Consensus
Buy
Mean consensus
UNDERPERFORM
Number of Analysts
17
Last Close Price
15.05 USD
Average target price
13.84 USD
Spread / Average Target
-8.03%
Consensus
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