Last €1.74 EUR
Change Today +0.067 / 4.01%
Volume 7.4K
FVJ On Other Exchanges
As of 8:43 AM 12/22/14 All times are local (Market data is delayed by at least 15 minutes).

fortescue metals group ltd (FVJ) Snapshot

Previous Close
Day High
Day Low
52 Week High
02/18/14 - €3.93
52 Week Low
12/17/14 - €1.51
Market Cap
Average Volume 10 Days
Shares Outstanding
Dividend Yield

Related News

No related news articles were found.

fortescue metals group ltd (FVJ) Related Businessweek News

View More BusinessWeek News

fortescue metals group ltd (FVJ) Details

Fortescue Metals Group Limited produces and sells iron ore in Australia. The company holds various tenements covering the Chichester and Solomon hubs located throughout the Pilbara region of Western Australia. It supplies iron ore to customers in China and South East Asia. The company was founded in 2003 and is headquartered in East Perth, Australia.

4,608 Employees
Last Reported Date: 08/20/14
Founded in 2003

fortescue metals group ltd (FVJ) Top Compensated Officers

Chief Executive Officer and Executive Directo...
Total Annual Compensation: A$1.8M
Chief Financial Officer
Total Annual Compensation: A$1.0M
Director of Operations
Total Annual Compensation: A$309.2K
Compensation as of Fiscal Year 2014.

fortescue metals group ltd (FVJ) Key Developments

Magnitogorsk Reportedly Considering Selling Portion Of Stake In Fortescue To Rashnikov

Open Joint Stock Company Magnitogorsk Iron & Steel Works (MICEX:MAGN) (MMK) is studying the option of selling a portion of the stake in Fortescue Metals Group Limited (ASX:FMG) to Viktor Rashnikov, who controls 86.6% of shares of Magnitogorsk, reported Interfax citing a steel industry source. The source said, "MMK is reconsidering ownership of the FMG stake given the significant change in the price on the iron ore market. Various options are possible, including purchase [by the shareholder] of a portion of the stake." How much of the 5% stake in FMG Rashnikov might buy has not been determined yet. The source said that the sale would be transacted at a market price regardless and the 5% stake is currently worth over $400 million. The source added, "Any final decision will be made no sooner than the first quarter of 2015."

Fortescue Metals Group Announces Executive Changes; Announces to Cut Jobs

Peter Meurs will stand down from his executive role at Fortescue Metals Group. Mr. Meurs would take a two-month sabbatical as development director. It is unclear in what capacity he will return. Allen & Overy partner Geoff Simpson and Mark Hancock would step down from its board, though Mr. Hancock remains with the company as its chief commercial officer. The company confirmed it is expected to shed staff in coming months in the wake of the capital spending cuts. The company not sure exactly of the numbers, and that will happen progressively over a couple of months because it will shut down that work at sensible places to stop it.

Fortescue Metals Group Limited Provides Capital Expenditure and Production Guidance for the Year 2015

Fortescue Metals Group Limited provided capital expenditure and production guidance for the year 2015. For the year, the company continues its outstanding operational performance and has revised its projected total capital expenditure to $650 million down from previous guidance of $1.3 billion. The production guidance is maintained at 155 million to 160 million tonnes shipped with a continued focus on maximising production through Fortescue's existing mines and infrastructure.


Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
FVJ:GR €1.74 EUR +0.067

FVJ Competitors

Market data is delayed at least 15 minutes.

Company Last Change
KGHM Polska Miedz SA 110.60 PLN -1.35
Severstal PAO 491.30 RUB +1.10
Sesa Sterlite Ltd 210.85 INR +2.60
Teck Resources Ltd C$15.15 CAD -0.26
Vedanta Resources PLC 574.00 GBp -12.00
View Industry Companies

Industry Analysis


Industry Average

Valuation FVJ Industry Range
Price/Earnings 2.4x
Price/Sales 0.6x
Price/Book 0.9x
Price/Cash Flow 2.3x
TEV/Sales NM Not Meaningful

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact FORTESCUE METALS GROUP LTD, please visit Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at