Learn about financial terms, types of investments, trading strategies and more. Fortescue Metals Group is trading at a lower price-to-earnings ratio than Southern Copper, indicating that it is currently the more affordable of the two stocks. Fortescue is the fourth largest iron ore producer in the world, operating in the Pilbara in Western Australia. It has grown from obscurity at the start of 2008 to become the world's fourth- largest producer. Fortescue Metals Group pays an annual dividend of $2.81 per share and has a dividend yield of 8.7%. Looking for new stock ideas? Rio Tinto Group beats Fortescue Metals Group on 7 of the 11 factors compared between the two stocks. This table compares Fortescue Metals Group Limited (FMG.AX) and (GP.V)'s net margins, return on equity and return on assets. Fortescue Metals Group (Fortescue), which is known as FMG is a global leader in the iron ore industry, recognised for its culture, innovation and industry-leading development of world class infrastructure and mining assets in the Pilbara region of Western Australia (Fortescue Metals Group Ltd, 2016). Government green drive also opens an opportunity for procurement of Fortescue Metals Group Ltd products by the state as well as federal government contractors. Learn more. 326 E 8th St #105, Sioux Falls, SD 57103 | [email protected] | (844) 978-6257 "We continue to expect strong market dynamics. Fortescue Metals Group Ltd (Fortescue) confirms that it has received approval under the West Australian Environmental Protection Act 1986, to increase the material handling capacity of … Public Joint Stock Company Mining and Metallurgical Company Norilsk Nickel has higher revenue and earnings than Fortescue Metals Group. Fortescue Metals Group has a beta of 1.21, suggesting that its share price is 21% more volatile than the S&P 500. That being said, it is surprising that the valuation would exceed pre-crisis metrics on subdued demand. Want to see which stocks are moving? Learn about Fortescue Metals Group culture, salaries, benefits, work-life balance, management, job security, and more. Its projects include Chichester Hub, Solomon Hub, Port … 1.0 Fortescue Metals Group. Fortescue Metals Group has a beta of 1.21, indicating that its stock price is 21% more volatile than the S&P 500. 11 employees. This table compares Fortescue Metals Group and Rio Tinto Group's net margins, return on equity and return on assets. Fortescue Metals Group Limited (FMG.AX) beats (BOLT) on 1 of the 1 factors compared between the two stocks. This table compares BHP Group and Fortescue Metals Group's gross revenue, earnings per share (EPS) and valuation. We will compare the two businesses based on the strength of their dividends, earnings, valuation, institutional ownership, risk, profitability and analyst recommendations. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth. View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. This table compares Fortescue Metals Group Limited (FMG.AX) and (CZX.V)'s net margins, return on equity and return on assets. 0.5% of Southern Copper shares are owned by company insiders. Learn about Fortescue Metals Group culture, salaries, benefits, work-life balance, management, job security, and more. Comparatively, 7.7% of Rio Tinto Group shares are held by institutional investors. Fortescue Metals Group Ltd (Fortescue) (ASX: FMG) advises that Chairman, Dr Andrew Forrest AO and Chief Executive Officer, Elizabeth Gaines are addressing shareholders at the Annual General Meeting (AGM) at 10am AWST today. Fortescue Metals Group Ltd (Fortescue) (ASX: FMG) acknowledges the interim report of the Joint Standing Committee on Northern Australia Inquiry into the destruction of 46,000 year old caves at the Juukan Gorge in the Pilbara region of Western Australia. It operates through the China and Other geographical segments. It’s a vision that has led to the creation of thousands of jobs across Australia ... FORTESCUE METALS GROUP so; and. Fortescue Metals Group pays out 91.8% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Fortescue Metals Group (OTCMKTS:FSUGY) and Rio Tinto Group (NYSE:RIO) are both large-cap basic materials companies, but which is the superior stock? This table compares BHP Group and Fortescue Metals Group's net margins, return on equity and return on assets. Fortescue is the fourth largest iron ore producer in the world after BHP, Rio Tinto, and Vale. View which stocks are hot on social media with MarketBeat's trending stocks report. Rio Tinto Group has higher revenue and earnings than Fortescue Metals Group. Obviously supply continues to be constrained. Given Vale's stronger consensus rating and higher probable upside, analysts clearly believe Vale is more favorable than Fortescue Metals Group. This table compares Fortescue Metals Group and Rio Tinto Group's gross revenue, earnings per share (EPS) and valuation. View which stocks are hot on social media with MarketBeat's trending stocks report. View our full suite of financial calendars and market data tables, all for free. Vale pays out 29.4% of its earnings in the form of a dividend. © 2020 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Companies in the industry of "industrial metals & minerals" are considered alternatives and competitors to Fortescue Metals Group Limited (FMG.AX), including (BOLT) (BOLT), (CZX.V) (CZX), (EX) (EX), (FCR.AX) (FCR), (FCR.L) (FCR), and (GP.V) (GP). Public Joint Stock Company Mining and Metallurgical Company Norilsk Nickel, Start Your Risk-Free Trial Subscription Here. Fortescue Metals Group Limited (FMG.AX) (ASX:FMG) and (FCR.L) (LON:FCR) are both basic materials companies, but which is the superior investment? Companies in the industry of "metal mining" are considered alternatives and competitors to Fortescue Metals Group, including BHP Group (BHP), Rio Tinto Group (RIO), Vale (VALE), Public Joint Stock Company Mining and Metallurgical Company Norilsk Nickel (NILSY), Southern Copper (SCCO), and Anglo American (NGLOY). MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. We will compare the two businesses based on the strength of their institutional ownership, earnings, valuation, analyst recommendations, dividends, profitability and risk. Companies in the industry of "metal mining" are considered alternatives and competitors to FORTESCUE METAL/S, including Rio Tinto (RIO), Vale (VALE), GMK Noril'skiy nikel' PAO (GDR) (NILSY), Southern Copper (SCCO), Anglo American (NGLOY), and Freeport-McMoRan (FCX). © 2020 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. We will contrast the two companies based on the strength of their profitability, valuation, institutional ownership, analyst recommendations, earnings, risk and dividends. Fortescue Metals Group pays out 91.8% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Southern Copper has raised its dividend for 1 consecutive years. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Anglo American has a beta of 0.91, indicating that its share price is 9% less volatile than the S&P 500. No competitors data available. Fundamental company data provided by Morningstar and Zacks Investment Research. BHP Group pays out 61.5% of its earnings in the form of a dividend. This table compares Fortescue Metals Group Limited (FMG.AX) and (FCR.L)'s top-line revenue, earnings per share and valuation. We will contrast the two companies based on the strength of their risk, earnings, analyst recommendations, dividends, valuation, institutional ownership and profitability. This table compares Fortescue Metals Group Limited (FMG.AX) and (CZX.V)'s revenue, earnings per share and valuation. Fortescue Metals Group Ltd is an Australia-based iron ore miner. Threats of Substitute Products or Services When a new product or service meets a similar customer needs in different ways, industry profitability suffers. 0.0% of Fortescue Metals Group shares are held by institutional investors. Fortescue Metals Group Limited (FMG.AX) beats (CZX.V) on 1 of the 1 factors compared between the two stocks. This table compares Fortescue Metals Group Limited (FMG.AX) and (BOLT)'s top-line revenue, earnings per share (EPS) and valuation. Fortescue Metals Group has higher earnings, but lower revenue than Vale. Fortescue Metals Group's main competitors are: Iron Ore Company of Canada, Ferrexpo plc, Cliffs Natural Resources Inc., Vale S.A What is Fortescue Metals Group's tech stack? Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term. Receive a free world-class investing education from MarketBeat. It has grown from obscurity at the start of 2008 to become the world's fourth- largest producer. Fortescue Metals Group pays an annual dividend of $2.81 per share and has a dividend yield of 8.7%. Australia's Fortescue Metals Group Ltd sees strong iron ore consumption next year on solid Chinese steel demand as well as a post-COVID-19 recovery in other markets, a … This is a summary of current ratings and target prices for Fortescue Metals Group Limited (FMG.AX) and (FCR.L), as provided by MarketBeat. competitors many decades, thanks to our single-minded pursuit of a vision to provide an alternative but very major reliable source of iron ore to our trading partners. Fortescue Metals Group pays an annual dividend of $2.81 per share and has a dividend yield of 8.7%. Vale pays an annual dividend of $0.47 per share and has a dividend yield of 2.8%. MELBOURNE, Dec 9 (Reuters) - Australia's Fortescue Metals Group () sees strong iron ore demand next year on solid Chinese demand as well as a post-COVID-19 recovery in other markets, Director of Sales and Marketing Danoy Goeman said on Wednesday. Identify stocks that meet your criteria using seven unique stock screeners. Reviews from Fortescue Metals Group employees about working as a Technician at Fortescue Metals Group. Elizabeth Gaines, the CEO of Fortescue Metals Group—and No. Fortescue Metals Group tips iron ore price surge to push into next year. Receive a free world-class investing education from MarketBeat. Andrew Forrest's Fortescue Metals Group says it had no choice but to withhold royalties to a Pilbara Indigenous group after traditional owners declined to sign land access deeds. Fortescue Metals Group Ltd.'s top competitors are BHP, Rio Tinto and Vale. Vale has raised its dividend for 1 consecutive years. Business Description. MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Fortescue Metals Group Ltd, a mining company operating in the Pilbara, sought to have four heavy haulage railways (designed to transport iron ore) declared under the access regime to enable it to run its own trains on the lines. Fortescue Metals Group Ltd (Fortescue) confirms that it has received approval under the West Australian Environmental Protection Act 1986, to increase the material handling capacity of … Fortescue Metals Group Limited (FMG.AX) (ASX:FMG) and (BOLT) (CNSX:BOLT) are both basic materials companies, but which is the better business? Financials. This is a breakdown of current ratings and recommmendations for Fortescue Metals Group Limited (FMG.AX) and (CZX.V), as reported by MarketBeat.com. This is a summary of recent ratings and recommmendations for (FCR.AX) and Fortescue Metals Group Limited (FMG.AX), as provided by MarketBeat. The company employs over 5,000 people, has operations in Australia, Singapore, and China and is administered by its head office in East Perth, Western Australia. Its projects include Chichester Hub, Solomon Hub, Port … Fortescue Metals Group Limited (FMG.AX) beats (GP.V) on 1 of the 1 factors compared between the two stocks. Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: You have already added five stocks to your watchlist. Fortescue Metals Group is trading at a lower price-to-earnings ratio than Rio Tinto Group, indicating that it is currently the more affordable of the two stocks. Gogo (NASDAQ:GOGO) Stock: Is the Inflight Internet Company a Buy? Fortescue Metals Group Limited (FMG.AX) has higher revenue and earnings than (EX). Southern Copper pays an annual dividend of $2.00 per share and has a dividend yield of 3.4%. Fortescue Metals Group Limited is a locally owned public company, that derives its revenue from the exploration, development, production, processing, and sale of iron ore. Fortescue Metals Group Ltd. Stay up to date on the latest stock price, chart, news, analysis, fundamentals, trading and investment tools. Given Public Joint Stock Company Mining and Metallurgical Company Norilsk Nickel's stronger consensus rating and higher possible upside, analysts plainly believe Public Joint Stock Company Mining and Metallurgical Company Norilsk Nickel is more favorable than Fortescue Metals Group. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth. Fortescue Metals Group Ltd is an Australia-based iron ore miner. BHP mining & metals. This table compares Fortescue Metals Group and Vale's net margins, return on equity and return on assets. Get short term trading ideas from the MarketBeat Idea Engine. Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter. A proud West Australian company, Fortescue Metals Group Ltd is a global leader in the iron ore industry, recognised for its culture, innovation and industry-leading development of world class infrastructure and mining assets in the Pilbara, Western Australia. For example, Fortescue Metals Group was formed in 2003. View today's stock price, news and analysis for Fortescue Metals Group Ltd. (FMG). Fortescue Metals Group Limited (FMG.AX) (ASX:FMG) and (CZX.V) (CVE:CZX) are both basic materials companies, but which is the better investment? Fortescue Metals Group Ltd operates in a very competitive Materials industry. This table compares Fortescue Metals Group Limited (FMG.AX) and (FCR.L)'s net margins, return on equity and return on assets. Public Joint Stock Company Mining and Metallurgical Company Norilsk Nickel beats Fortescue Metals Group on 7 of the 10 factors compared between the two stocks. We will contrast the two businesses based on the strength of their risk, institutional ownership, analyst recommendations, earnings, profitability, valuation and dividends. Fortescue Metals Group Ltd. Comparatively, Rio Tinto Group has a beta of 0.64, meaning that its stock price is 36% less volatile than the S&P 500. This is a summary of recent ratings and recommmendations for Fortescue Metals Group Limited (FMG.AX) and (GP.V), as reported by MarketBeat. Fortescue Metals Group Ltd, a mining company operating in the Pilbara, sought to have four heavy haulage railways (designed to transport iron ore) declared under the access regime to enable it to run its own trains on the lines. Fortescue Metals Group Ltd (Often referred to as FMG) is an Australian iron ore company. Get daily stock ideas top-performing Wall Street analysts. Vale beats Fortescue Metals Group on 11 of the 16 factors compared between the two stocks. Want to see which stocks are moving? MarketBeat does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security. Ticking those two boxes is a good sign of growth, in my book. Learn more. Comparatively, 0.0% of Fortescue Metals Group shares are held by institutional investors. competitors, we found this vital to the success of our fund-raising goals.” - Chris Catlow CFO Fortescue Metals Group Ltd. Fortescue Metals Group had ambitious plans to develop its iron ore holdings in remote Western Australia. Given Southern Copper's higher probable upside, analysts clearly believe Southern Copper is more favorable than Fortescue Metals Group. This table compares Fortescue Metals Group Limited (FMG.AX) and (EX)'s revenue, earnings per share (EPS) and valuation. Fortescue Metals Group Limited (FMG.AX) (ASX:FMG) and (EX) (CNSX:EX) are both basic materials companies, but which is the better business? Should you be buying FSUGY stock or one of its competitors? See Fortescue Metals Group Ltd.'s revenue, employees, and funding info on Owler, the world’s largest community-based business insights platform. Andrew Forrest's Fortescue Metals Group says it had no choice but to withhold royalties to a Pilbara Indigenous group after traditional owners declined to sign land access deeds. Its Cloud Break Mine construction began in 2006, with first production shipped in 2008. Get daily stock ideas top-performing Wall Street analysts. It has grown from obscurity at the start of 2008 to become the world's fourth- largest producer. In the part that describes Fortescue Metals Group Ltd. competitors and the industry in whole, the information about company's financial ratios is compared to those of its competitors and to the industry. But the project’s infrastructure requirements mandated significant investment. FORTESCUE METAL/S vs. Rio Tinto Stock FORTESCUE METAL/S vs. Vale Stock This is a breakdown of current ratings and target prices for Fortescue Metals Group Limited (FMG.AX) and (EX), as reported by MarketBeat. Two of the railways were operated by BHP Billiton and two by Rio Tinto Iron Ore. All rights reserved. Fortescue Metals Group is clearly the better dividend stock, given its higher yield and lower payout ratio. Fortescue Metals Group Ltd - Strategy, SWOT and Corporate Finance Report, is a source of comprehensive company data and information. Fortescue Metals Group has a beta of 1.21, meaning that its stock price is 21% more volatile than the S&P 500. Vale has a consensus price target of $14.4375, indicating a potential downside of 14.01%. Fortescue Metals Group Limited (FMG.AX) beats (FCR.L) on 1 of the 1 factors compared between the two stocks. Fortescue Metals Group Limited (FMG.AX) has higher revenue and earnings than (FCR.AX). 1.0 Fortescue Metals Group. Looking for new stock ideas? 0.1% of Anglo American shares are held by institutional investors. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. View All Competitors. Fortescue Metals Group Ltd - Strategy, SWOT and Corporate Finance Report, is a source of comprehensive company data and information. There is an element that competition from other major exporting nations like Brazil has been reduced as they are harder hit by the virus. Tinto Group pays out 19.3 % of Vale shares are owned by institutional investors 6 of 17! 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