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), ...
Companies in the Materials sector have received a lot of coverage today as analysts weigh in on Sandfire Resources Limited (SFRRF – Research ...
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.
Reserve Bank of New Zealand Governor Adrian Orr said on Thursday that New Zealand was now in an environment of low and stable ...
Australia's Fortescue reported a 53% drop in first-half profit on Thursday as iron ore prices remained weak. Iron ore prices ...
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 ...
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