We reduce our fair value estimate to USD 13.50 per share from USD 14.20, driven by lower iron ore and base metals prices.
Fortescue increased production rapidly thanks to favorable iron ore prices, aggressive expansion, and historically low interest rates. Expansion from 55 million metric tons of capacity in fiscal 2012 ...
MercadoLibre (NASDAQ: MELI) stock has gained renewed confidence from Wall Street, with firms like Morgan Stanley and Bank of ...
Investing.com - The U.S. dollar edged higher Friday, but remained under pressure after the Federal Reserve’s large interest ...
The Wesfarmers Ltd (ASX:WES) share price has increased 23.8% since the start of the 2024. The Fortescue Ltd (ASX:FMG) share ...
A glance through the latest expert views and predictions about commodities: updated forecasts result in ratings changes for ...
Fortescue Ltd (ASX: FMG) shares have come under significant pressure over the past four months. During this time, the ASX 200 mining stock has lost 35% of its value as iron ore prices tumbled.