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FSUMF News and Press, Fortescue Metals Group Ltd. From 09/07/23

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Company Name: Fortescue Metals Group Ltd.
Stock Symbol: FSUMF
Market: OTC

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FSUMF - Fortescue Metals Group: A Good Call Option On The Iron Ore Price

2023-09-07 10:30:00 ET Summary Fortescue Metals has seen a ten-fold increase in share price since 2014, with dividend income exceeding the initial investment. The company's financial results for FY 2023 were strong, but iron ore prices have since decreased. The Iron Bridge pro...

FSUMF - Fortescue Metals full-year profit drops; iron ore head resigns

2023-08-28 06:42:04 ET More on Fortescue Metals: Fortescue tallies another full-year record for iron ore shipments Earnings data for Fortescue Metals Group Dividend scorecard for Fortescue Metals Group For further details see: Fortescue Metals full-year p...

FSUMF - Iron ore keeps climbing as China holds steady on steel production

2023-08-18 08:47:45 ET More on BHP and Rio Tinto: BHP: China's Construction Crisis Is Unlikely To End Soon Rio Tinto: China Construction Stimulus Is Coming Rio Tinto: Healthy Dividend Yield, Attractive Valuations For further details see: Iron ore keeps cl...

FSUMF - Iron ore climbs to three-week high on China support hopes, fundamentals

2023-08-17 08:57:03 ET More on BHP and Rio Tinto: BHP: China's Construction Crisis Is Unlikely To End Soon Rio Tinto: China Construction Stimulus Is Coming Rio Tinto: Healthy Dividend Yield, Attractive Valuations For further details see: Iron ore climbs t...

FSUMF - Copper, base metals rise after China reinforces stimulus hopes

2023-07-25 08:58:48 ET Freeport McMoRan ( NYSE: FCX ) +2.6% pre-market Tuesday as prices climbed for copper and other base metals after top consumer China pledged to step up policy support for the economy, focusing on improving domestic demand. The yuan also rebounded, m...

FSUMF - Iron ore, copper prices rise as China flags stimulus for property sector

2023-07-20 08:27:08 ET Prices for iron ore and other base metals rebounded Thursday on rising hopes that China would launch additional support for its troubled real estate sector. Bloomberg reported that Chinese authorities are considering steps to ease home buying, with the intention t...

FSUMF - Iron ore continues to slide on weak China recovery

2023-07-10 14:36:09 ET Iron ore futures slumped more than 3% Monday as China's weak demand data and slowing steel production dragged trader sentiment lower. The latest figures from China showed inflation eased to zero in June while factory-gate prices fell further, underlining continued...

FSUMF - GCOW: Excellent Value And Dividend Growth, But Average Return

2023-07-03 05:12:12 ET Summary Pacer Global Cash Cows Dividend ETF holds dividend stocks with superior free cash flow in developed markets. Energy is the heaviest sector with about 25% of asset value. The yield, valuation metrics, and dividend growth rate are very attractive. ...

FSUMF - Fortescue produces first iron ore from Gabon project

2023-06-28 15:53:49 ET Fortescue Metals ( OTCQX:FSUMF ) ( OTCQX:FSUGY ) said it has produced first ore from its Belinga hematite operations in Gabon, ahead of a planned delivery date at the end of the year, Argus reported Wednesday. The 2M tons/year Belinga project marks For...

FSUMF - Iron ore tumbles after Goldman warns on China's weak real estate sector

2023-06-12 07:54:33 ET Iron ore futures fell nearly 5% Monday in their first decline after eight straight winning sessions as Goldman Sachs warned China's weak property sector could be a multiyear drag on the country's economic growth. The bank said  it sees persistent problems...

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