OTCMKTS:FSUMF

Fortescue Metals Group - FSUMF Stock Forecast, Price & News

$10.94

0.00 (0.00%)

(As of 10/3/2022 12:00 AM ET)

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Today's Range: $10.94
▼
$10.94
50-Day Range: $10.54
▼
$13.77
52-Week Range: $10.25
▼
$16.62

Volume: 81 shs
Average Volume: 7,548 shs
Market Capitalization: N/A

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $18.05

About Fortescue Metals Group (OTCMKTS:FSUMF) Stock

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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FSUMF Stock News Headlines

September 20, 2022 | seekingalpha.com

Fortescue plans spending $6.2B to decarbonize iron ore operations by 2030

September 20, 2022 | finance.yahoo.com

Australian mining major Fortescue to invest $6.2bn in net zero push

September 19, 2022 | finance.yahoo.com

Fortescue to Decarbonize Iron Ore Business With $6.2B Plan

August 30, 2022 | finance.yahoo.com

Returns on Capital Paint A Bright Future For Fortescue Metals Group (ASX:FMG)

August 29, 2022 | seekingalpha.com

Fortescue's full-year profit slides from record on weaker iron ore prices

August 28, 2022 | finance.yahoo.com

Australia's Fortescue annual profit falls 40% on weak iron ore prices

August 28, 2022 | finance.yahoo.com

Mining giant Fortescue sees annual profit tumble 40% on lower prices, higher costs

August 28, 2022 | finance.yahoo.com

Fortescue Profit Slumps Despite Record Iron Ore Shipments

July 27, 2022 | finance.yahoo.com

Australia's Fortescue raises annual shipments forecast amid inflation pain

July 21, 2022 | finance.yahoo.com

Australian iron ore miners cautious on China's plan to centralise buying

June 11, 2022 | finance.yahoo.com

Fortescue Metals Group Limited's (ASX:FMG) Stock Is Going Strong: Is the Market Following Fundamentals?

May 26, 2022 | finance.yahoo.com

Australia's Fortescue pursues quantum leap in green hydrogen quest

May 18, 2022 | seekingalpha.com

Fortescue founder Forrest returns to run iron ore operations

May 13, 2022 | seekingalpha.com

Fortescue weighs shuttered U.S. coal mine site for green hydrogen plant

April 27, 2022 | finance.yahoo.com

Fortescue raises annual iron ore shipments forecast on Eliwana boost

April 6, 2022 | finance.yahoo.com

Iron-Ore Giant Fortescue Makes Foray Into Green-Bond Market

March 29, 2022 | finance.yahoo.com

Fortescue and E.ON sign deal to replace Russian gas with Australian green hydrogen

March 8, 2022 | finance.yahoo.com

Airbus strikes deal with Australia's Fortescue as airlines seek hydrogen boost

March 3, 2022 | finance.yahoo.com

How Much Of Fortescue Metals Group Limited (ASX:FMG) Do Institutions Own?

February 17, 2022 | bloomberg.com

Fortescue Metals' Profit Slides 32% on Softer Ore Prices

February 1, 2022 | finance.yahoo.com

Investors in Fortescue Metals Group (ASX:FMG) have made a enviable return of 409% over the past three years

January 23, 2022 | seekingalpha.com

Fortescue to buy battery tech firm Williams Advanced Engineering in $223M deal

January 21, 2022 | nasdaq.com

Fortescue Metals Group Ltd (FSUMF)

January 21, 2022 | seekingalpha.com

Fortescue warns on labor shortage as Western Australia borders stay shut

December 22, 2021 | markets.businessinsider.com

Fortescue Metals Group clean energy unit Fortescue Future Industries produces hydrogen using own electrolyser

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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Industry, Sector and Symbol

Stock Exchange: OTCMKTS
Industry: Industrial Metals & Minerals
Sub-Industry: N/A
Sector: Basic Materials
Current Symbol: OTCMKTS:FSUMF
CUSIP: N/A
CIK: N/A
Web: www.fmgl.com.au
Phone: (186) 218-8888
Fax: N/A
Employees: 10,232
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $18.05
High Stock Price Forecast: $19.00
Low Stock Price Forecast: $17.10
Forecasted Upside/Downside: +65.0%
Consensus Rating: Hold
Rating Score (0-4): 2.00
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: N/A
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: N/A

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: N/A
Quick Ratio: N/A

Sales & Book Value

Annual Sales: N/A
Price / Sales: N/A
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: N/A
Price / Book: N/A

Miscellaneous

Outstanding Shares: N/A
Free Float: N/A
Market Cap: N/A
Optionable: Not Optionable
Beta: N/A

Key Executives

Mr. Ian Wells
Chief Financial Officer

Mr. Dino Otranto
Chief Operating Officer of Iron Ore

Dr. John Andrew Henry Forrest A.O. (Age 60)
AICD, AO, BA, FAusIMM, Founder & Exec. Chairman

Mr. Andrew Driscoll
Gen. Mang. of Investor Relations

Mr. Peter Ernest Huston B. Juris
B.Com., L.L.B., L.L.M., LLB (Hons), LLM, Director of Corp. Devel., Legal & Strategy

Mr. Paul Shillington
Chief Gen. Counsel

Ms. Linda O'Farrell
Director of Fortescue People

Mr. Eamon Harmon
Gen. Mang. of Exploration

Mr. Cameron Wilson GAICD (Age 55)
LLB, Company Sec.

Ms. Gemma Tually
Joint Company Sec. & Group Mang. of Legal

Key Competitors

View All Competitors

FSUMF Stock - Frequently Asked Questions

Should I buy or sell Fortescue Metals Group stock right now?: 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Fortescue Metals Group in the last year. There are currently 2 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" FSUMF shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in FSUMF, but not buy additional shares or sell existing shares.
View FSUMF analyst ratings or view top-rated stocks.
What is Fortescue Metals Group's stock price forecast for 2022?: 2 Wall Street analysts have issued 1 year price objectives for Fortescue Metals Group's shares. Their FSUMF share price forecasts range from $17.10 to $19.00. On average, they predict the company's stock price to reach $18.05 in the next year. This suggests a possible upside of 65.0% from the stock's current price.
View analysts price targets for FSUMF or view top-rated stocks among Wall Street analysts.
How have FSUMF shares performed in 2022?: Fortescue Metals Group's stock was trading at $13.95 at the start of the year. Since then, FSUMF stock has decreased by 21.6% and is now trading at $10.94.
View the best growth stocks for 2022 here.

What is Fortescue Metals Group's stock symbol?: Fortescue Metals Group trades on the OTCMKTS under the ticker symbol "FSUMF."
How do I buy shares of Fortescue Metals Group?: Shares of FSUMF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Fortescue Metals Group's stock price today?: One share of FSUMF stock can currently be purchased for approximately $10.94.
How many employees does Fortescue Metals Group have?: The company employs 10,232 workers across the globe.
How can I contact Fortescue Metals Group?: Fortescue Metals Group's mailing address is Level 2, East Perth, Western Australia. The official website for the company is www.fmgl.com.au. The company can be reached via phone at (186) 218-8888.

This page (OTCMKTS:FSUMF) was last updated on 10/4/2022 by MarketBeat.com Staff

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