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1.92 AUD
8.67 B AUD
27.80 B AUD
1.58 B
About FORTESCUE LTD
Sector
Industry
CEO
Dino Otranto
Website
Headquarters
East Perth
Founded
1983
ISIN
AU000000FMG4
FIGI
BBG000J47V95
Fortescue Ltd. engages in the development of iron ore deposits. It operates through the Metals and Energy segments. The Metals segment includes exploration, development, production, processing, sale, and transportation of iron ore, and the exploration for other minerals. The Energy segment is involved in the development of green electricity, green hydrogen, and green ammonia projects. The company was founded by John Andrew Henry Forrest in April 2003 and is headquartered in East Perth, Australia.
Bullish potential detected for FMGEntry conditions:
(i) higher share price for ASX:FMG along with swing up of indicators such as DMI/RSI.
Stop loss for the trade (once activated) would be:
(i) below the support level from the open of 14th November (i.e.: below $18.20), or
(ii) below the support level from the open of 21st Novembe
ASX:FMG ELLIOTT WAVE ANALYSIS: 1 DEC, 2024©Master of Elliott Wave: Hua (Shane) Cuong, CEWA-M (Master's Desgination).
So the wave ((iii))-navy could be unfolding to push higher, targeting the high around 23.84, a break of which would take us to 28.80.
While price must remain above 17.54 to maintain this view.
BHP - Potential Short in the InterimMorning you absolute trading legends.
What we have here is a a potenial short building up on the BHP Chart.
The Materials sector is looking rather 'weak' for the first time in the last 8-9yrs, having broken out and down out of a very strong upward channel.
That being said, its this big mining gi
FMG.ASX: 16 JULY, 2024 © Master of Elliott Wave Analysis: Hua (Shane) Cuong, CEWA-M (Master's Designation).
Details: The short-term outlook shows that wave ((ii))-navy just ended at the low of 21.02 and wave ((iii))-navy seems to be opening to push higher, but a move higher is needed. a little more to confirm this view.
FMG A good company for long term hold
Analyzing Fortescue Metals Group Ltd (ASX: FMG) through the lens of Warren Buffett's investment principles:
Economic Moat
Fortescue has a significant economic moat derived from its scale and efficiency in the iron ore industry, one of the largest sectors in Australia. It possesses extensive inf
FMG: March 6, 2024(ASX) FMG Fortescue || March 6, 2024
Master of Elliott Wave Analysis: Shane Hua (CEWA-M)
(Left chart) The broader context (Daily chart) suggests that wave ((iii))-green appears to have peaked at 29.95, followed by a corrective wave movement labeled ABC-purple. Overall, the context allows me to see
Fortescue Fortescue is showing signs of weakness after failing to break out from last month's IHS/cup formation.
There's potential for a drop to $15.
Bullish Hidden Divergence vs Bearish Hidden DivergenceHere is an explanation on the Bullish and Bearish Hidden Divergence concepts
Rules are as follows:
Bullish Hidden Divergence
Happens only in uptrend
Observed on pivot lows
Price makes higher low, whereas indicator makes lower low due to price consolidation. In bullish trend, this is cons
Quick Look - Bullish Divergence vs Bearish DivergenceHere is a graphical representation of the simple concept of bullish and bearish divergences.
Rules are pretty clear
Bearish Divergence
Happens only in uptrend
Observed on pivot Highs
Price makes higher high whereas oscillator makes lower high, indicating weakness and possible reversal
See all ideas
Summarizing what the indicators are suggesting.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
An aggregate view of professional's ratings.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
FMGF5152251
FMG Resources (August 2006) Pty Ltd. 4.375% 01-APR-2031Yield to maturity
7.18%
Maturity date
Apr 1, 2031
FMGF4881203
FMG Resources (August 2006) Pty Ltd. 4.5% 15-SEP-2027Yield to maturity
6.84%
Maturity date
Sep 15, 2027
FMGF5393754
FMG Resources (August 2006) Pty Ltd. 6.125% 15-APR-2032Yield to maturity
6.70%
Maturity date
Apr 15, 2032
FMGF5393752
Australia 5.875% 15-APR-2030Yield to maturity
6.41%
Maturity date
Apr 15, 2030
FMGF4881204
FMG Resources (August 2006) Pty Ltd. 4.5% 15-SEP-2027Yield to maturity
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Maturity date
Sep 15, 2027
See all FMG bonds
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Frequently Asked Questions
The current price of FMG is 15.32 AUD — it has increased by 0.86% in the past 24 hours. Watch FORTESCUE LTD stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on ASX exchange FORTESCUE LTD stocks are traded under the ticker FMG.
FMG stock has risen by 9.04% compared to the previous week, the month change is a −4.22% fall, over the last year FORTESCUE LTD has showed a −40.99% decrease.
We've gathered analysts' opinions on FORTESCUE LTD future price: according to them, FMG price has a max estimate of 20.13 AUD and a min estimate of 14.34 AUD. Watch FMG chart and read a more detailed FORTESCUE LTD stock forecast: see what analysts think of FORTESCUE LTD and suggest that you do with its stocks.
FMG stock is 1.41% volatile and has beta coefficient of 1.26. Track FORTESCUE LTD stock price on the chart and check out the list of the most volatile stocks — is FORTESCUE LTD there?
Today FORTESCUE LTD has the market capitalization of 46.73 B, it has decreased by −8.50% over the last week.
Yes, you can track FORTESCUE LTD financials in yearly and quarterly reports right on TradingView.
FORTESCUE LTD is going to release the next earnings report on Aug 26, 2025. Keep track of upcoming events with our Earnings Calendar.
FMG earnings for the last half-year are 0.82 AUD per share, whereas the estimation was 0.88 AUD, resulting in a −7.61% surprise. The estimated earnings for the next half-year are 0.93 AUD per share. See more details about FORTESCUE LTD earnings.
FORTESCUE LTD revenue for the last half-year amounts to 12.35 B AUD, despite the estimated figure of 12.14 B AUD. In the next half-year revenue is expected to reach 11.84 B AUD.
FMG net income for the last half-year is 2.35 B AUD, while the previous report showed 3.56 B AUD of net income which accounts for −34.09% change. Track more FORTESCUE LTD financial stats to get the full picture.
FORTESCUE LTD dividend yield was 9.20% in 2024, and payout ratio reached 69.87%. The year before the numbers were 7.89% and 75.47% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. FORTESCUE LTD EBITDA is 12.81 B AUD, and current EBITDA margin is 58.39%. See more stats in FORTESCUE LTD financial statements.
Like other stocks, FMG shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade FORTESCUE LTD stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So FORTESCUE LTD technincal analysis shows the sell today, and its 1 week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating FORTESCUE LTD stock shows the sell signal. See more of FORTESCUE LTD technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.