Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last $1.48 USD
Change Today -0.01 / -0.67%
Volume 10.5K
FSUMF On Other Exchanges
Symbol
Exchange
OTC US
OTC US
Berlin
Frankfurt
As of 8:10 PM 07/2/15 All times are local (Market data is delayed by at least 15 minutes).

fortescue metals group ltd (FSUMF) Snapshot

Open
$1.48
Previous Close
$1.49
Day High
$1.48
Day Low
$1.48
52 Week High
07/30/14 - $4.60
52 Week Low
04/13/15 - $1.32
Market Cap
4.6B
Average Volume 10 Days
7.5K
EPS TTM
--
Shares Outstanding
3.1B
EX-Date
03/2/15
P/E TM
--
Dividend
$0.22
Dividend Yield
11.26%
Current Stock Chart for FORTESCUE METALS GROUP LTD (FSUMF)

Related News

No related news articles were found.

fortescue metals group ltd (FSUMF) Related Businessweek News

View More BusinessWeek News

fortescue metals group ltd (FSUMF) Details

Fortescue Metals Group Limited produces and sells iron ore in Australia. The company holds various tenements covering the Chichester and Solomon hubs located throughout the Pilbara region of Western Australia. It supplies iron ore to customers in China and South East Asia. The company was founded in 2003 and is headquartered in East Perth, Australia.

10,000 Employees
Last Reported Date: 02/16/15
Founded in 2003

fortescue metals group ltd (FSUMF) Top Compensated Officers

Chief Executive Officer and Executive Directo...
Total Annual Compensation: A$1.8M
Chief Financial Officer
Total Annual Compensation: A$1.0M
Director of Operations
Total Annual Compensation: A$309.2K
Compensation as of Fiscal Year 2014.

fortescue metals group ltd (FSUMF) Key Developments

Fortescue Reportedly In Talks For Sale Of Assets In China And Japan

Fortescue Metals Group Limited (ASX:FMG) is rumored to be in discussions for a potential sale of some of its assets with parties in China and Japan. The company is known to have held discussions with Baosteel Group Corporation and several Japanese firms, and is considering selling a stake of up to 20% in some if its mines, , people with knowledge of the matter said. The company has held talks with about 10 potential Asian investors, according to the people. In a statement Fortescue stated: "Fortescue holds discussions with third parties on many issues on a regular basis and is always open to commercial discussions with current and potential partners." Fortescue confirms that it does not comment on such speculation.

Fortescue's Assets Reportedly Up For Sale

Forrest talks to banks over sale of Pilbara hub Fortescue Metals Group Limited (ASX:FMG) may be preparing to put one of its largest iron ore mining assets up for sale, with talk company chairman Andrew Forrest is in discussions with investment banks about options for its AUD 11.7 billion Chichester Hub. It is understood that approaches have been made by Forrest to banks such as Macquarie, UBS and possibly Goldman Sachs concerning Chichester. Located in Western Australia's Pilbara region, Chichester Hub produces 90 million tonnes of iron ore a year and encompasses Fortes-cue's Cloudbreak and Christmas Creek mines. A sale or partial sale of the asset would help Fortescue reduce its AUD 9 billion debt pile and drive down its lofty gearing level, which sits at about 50 per cent.

Fortescue Metals Group Limited(ASX:FMG) dropped from S&P/ASX 50 Index

Fortescue Metals Group Limited(ASX:FMG) dropped from S&P/ASX 50 Index

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
FSUMF:US $1.48 USD -0.01

FSUMF Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Boliden AB kr155.30 SEK -0.80
Teck Resources Ltd C$12.31 CAD +0.26
Vedanta Ltd 170.55 INR -3.00
Vedanta Resources PLC 508.00 GBp -6.50
View Industry Companies
 

Industry Analysis

FSUMF

Industry Average

Valuation FSUMF Industry Range
Price/Earnings 3.4x
Price/Sales 0.4x
Price/Book 0.6x
Price/Cash Flow 3.3x
TEV/Sales NM Not Meaningful
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact FORTESCUE METALS GROUP LTD, please visit www.fmgl.com.au. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.