Risk factor
Good trading liquidity
Profitability factor
Excellent dividends
About
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...
Company Valuation
Based on key historical and expected multiples, the stock is slightly undervalued relative to its peers. In particular, the stock is underpriced on P/E, of fair value on
Target Price
The average target price of FMG.AX is 17 and suggests 15% downside potential. Usually, this means a SELL recommendation among investment firms, or a recommendation to dec
Buy
Sell