Fortescue shares have sunk. So is this the time to invest? The post Is the Fortescue share price a buy or a trap? appeared first on The Motley Fool Australia.
It built much of its capacity around the China boom peak and baked in a higher capital base than peers. This means returns are likely to lag the industry leaders who benefited from building ...
In a report released yesterday, Kaan Peker from RBC Capital maintained a Buy rating on Fortescue Metals Group Ltd (FSUMF – Research Report), ...
Fortescue on Thursday reported a drop in first-half profit and said it was reconsidering timeframes for some of its green ...
Iron ore miner Fortescue's output edged up slightly year-on-year for the December half, but while the company delivered its weakest set of numbers in two ...
Rio Tinto saw profits lift, but Fortescue copped a big hit on lower iron ore prices, while lithium miners reported losses.
In a report released today, Paul McTaggart from Citi maintained a Hold rating on Fortescue Metals Group Ltd (FSUMF – Research Report), with a ...
Reserve Bank of New Zealand Governor Adrian Orr said on Thursday that New Zealand was now in an environment of low and stable ...
The world’s fourth-largest iron ore producer said its first-half net profit more than halved on lower prices for the ...
Fortescue's half-year iron-ore shipments were the highest in its history, despite challenges from bouts of heavy rain. The miner shipped 97.1 million tons of the steel ingredient in the six-month ...
Dow Jones Newswires is a market-moving financial and business news source, used by wealth managers, institutional investors and fintech platforms around the world to identify trading and investing ...
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 Tuesday, ...