Forecast PE should drop dramatically as production ramps up and earnings more than double. FMG not on this kind of production trajectory.
The below analysis was carried out last year before iron ore prices had a fire lit under them.
Ann: Quarterly Royalty Revenue Update, page-7
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Last
$4.14 |
Change
-0.030(0.72%) |
Mkt cap ! $2.188B | |||
| Open | High | Low | Value | Volume |
| $4.20 | $4.21 | $4.12 | $8.456M | 2.039M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 11652 | $4.14 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.15 | 41700 | 3 |
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| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| DRR (ASX) Chart |