Fortescue Metals Group Limited
Fortescue Metals Group Limited (FVJ.F) Stock Overview
Explore Fortescue Metals Group Limited’s financial performance, market position, analyst ratings, and future outlook.
Key Financials
Key Financials
Market Cap
29B
P/E Ratio
8.83
EPS (TTM)
$1.08
ROE
0.20%
FVJ.F Stock Analysis & Investment Overview
Our comprehensive AI-powered analysis of Fortescue Metals Group Limited (FVJ.F) provides investors with deep insights into the stock's performance, growth potential, and market positioning. With a Meyka AI Score of B+, this stock demonstrates moderate investment characteristics based on our advanced machine learning models.
The current technical analysis reveals key indicators including an RSI of 66.56, suggesting the stock is in a neutral condition. Our forecasting models predict significant price movements, with a 12-month target of $12.03.
Key financial metrics showcase the company's fundamental strength, including a P/E ratio of 8.83 and a market capitalization of 29B. These metrics, combined with our AI analysis, provide a comprehensive view for both institutional and retail investors.
Technical Indicators
Company Profile
Fortescue Metals Group Limited engages in the exploration, development, production, processing, and sale of iron ore in Australia, China, and internationally. It explores for copper, gold, and lithium deposits; and rare earth elements. 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 also develops and produces the Eliwana mine situated in the Pilbara region of Western Australia. In addition, the company holds a portfolio of properties situated in Argentina, Peru, Chile, and Brazil, as well as Portugal and Kazakhstan. Further, it provides port towage services; owns and operates rail and port facilities; and focuses on producing green energy and green hydrogen, including derivatives comprising green ammonia. Fortescue Metals Group Limited was incorporated in 1983 and is headquartered in East Perth, Australia.
Dino Otranto
15,642
87 Adelaide Terrace, East Perth, WA
2008