FORTESCUE LTD (FMG)
AI Coverage Rating: Active
ASX AI Signals has generated 4 signal for FMG during the last 90 days,
indicating active trading activity and ongoing AI monitoring
Latest FMG Signals |
| 08/05/2026 | BUY |
| 27/04/2026 | SELL |
| 26/04/2026 | SELL |
FMG Share Price |
| Current Price | $18.360 |
| 52 Week High | $22.990 |
| 52 Week Low: | $15.236 |
| Trading at (% of 52 Week High) | 79.86% |
Volume
9019194
20 Day Avg
6354762
Relative Volume
141.9%
Business Overview
Fortescue Metals Group Ltd (ASX: FMG) is an Australian mining company primarily focused on the exploration, development, production, and sales of iron ore. The company operates large-scale mining projects in the Pilbara region of Western Australia. Fortescue is also expanding into renewable energy and green hydrogen initiatives.
ASX Sector Overview
Sector: Materials
The Materials sector on the ASX consists of companies involved in the extraction, processing, and production of raw materials. This includes mining firms that produce metals like iron ore, gold, and copper, as well as companies that manufacture chemicals, construction materials, and industrial minerals. The sector plays a crucial role in supplying essential resources for various industries such as construction, manufacturing, and technology. It is often influenced by global commodity prices and demand from key markets like China.
Latest AI Recommendation
The BUY recommendation for Fortescue Ltd (FMG) is supported by strong commodity demand outlooks and robust financial performance, though market volatility and geopolitical risks temper the confidence level.
Latest FORTESCUE LTD(FMG) News
02 Jul 2026, 07:47 PM
Trucks and diggers in mine ©Adobe Stock Images
Shares of Fortescue Metals (USOTC:FSUGY) declined 1.1% to $19.03 on Thursday after reports indicated that Chinese authorities are restricting access to some of the company's iron ore shipments.
China tightens control over lower-grade iron ore imports
22 Jun 2026, 04:22 PM
Mineral Latvija at Port HedlandMineral Latvija at Port Hedland
Naming Ceremony with Alexander Saverys and Katie Charuga as godmother of Mineral AustraliaNaming Ceremony with Alexander Saverys and Katie Charuga as godmother of Mineral Australia
Antwerp, June 22, 2026 (GLOBE NEWSWIRE) -- CMB.TECH NV
25 Apr 2026, 05:05 PM
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Fortescue’s latest analyst update cuts the price target by A$1.20 to A$17.20, alongside a small trim to the modelled fair value estimate. Analysts linking this
01 Apr 2026, 07:08 AM
CMB.TECH NV.
CMB.TECH ANNOUNCES FINAL YEAR RESULTS
ANTWERP, Belgium, 31 March 2026 – CMB.TECH NV (“CMBT”, “CMB.TECH” of “the company” (NYSE: CMBT, Euronext Brussels: CMBT and Euronext Oslo Børs: CMBTO) reported its final financial results today for the full year ended 31 December 2025.
HIGHLIGHTS
18 Mar 2026, 12:29 AM
Vale S.A. VALE stock has gained 47.9% in a year, beating the industry’s 44% growth, the broader Zacks Basic Materials sector’s 33.4% gain and the S&P 500’s 21.5% rise.
It has also outpaced peers such as Rio Tinto RIO, BHP Group BHP and Fortescue Ltd FSUGY, which have gained 40.1%, 39.1% and 33.6%,
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