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Fortescue Metals Group Limited is currently in a long term uptrend where the price is trading 8.5% above its 200 day moving average.
From a valuation standpoint, the stock is 98.8% cheaper than other stocks from the Basic Materials sector with a price to sales ratio of 3.0.
Fortescue Metals Group Limited's total revenue sank by 0.0% to $3B since the same quarter in the previous year.
Its net income has dropped by 0.0% to $1B since the same quarter in the previous year.
Finally, its free cash flow grew by 95.0% to $2B since the same quarter in the previous year.
Based on the above factors, Fortescue Metals Group Limited gets an overall score of 3/5.
ISIN | AU000000FMG4 |
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Sector | Basic Materials |
Industry | Other Industrial Metals & Mining |
CurrencyCode | EUR |
Exchange | F |
Beta | 0.96 |
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Target Price | None |
PE Ratio | 7.88 |
Market Cap | 42B |
Dividend Yield | 9.3% |
Fortescue Metals Group Limited engages in the exploration, development, production, processing, and sale of iron ore in Australia, China, and internationally. It also explores for copper and gold deposits. The company owns and operates the Chichester Hub that includes the Cloudbreak and Christmas Creek mines located in the Chichester ranges; and the Solomon Hub comprising the Firetail, Kings Valley, and Queens Valley mines located in the Hamersley ranges of Pilbara, Western Australia. It is also developing the Eliwana mine situated in the Pilbara region of Western Australia. In addition, the company holds a portfolio of properties situated in Ecuador, Argentina, Colombia, Peru, Chile, and Brazil, as well as Portugal and Kazakhstan. Further, it provides port towage services. Fortescue Metals Group Limited was incorporated in 1983 and is headquartered in East Perth, Australia.
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