I remember in the last mining boom that solid and established mining companies were trading on PE multiples of 15. Now companies like FMG trade on PE's of a third of that and people say that the share price is too high? It is cheap as chips.
Iron ore price, page-39471
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Last
$19.35 |
Change
0.380(2.00%) |
Mkt cap ! $59.56B | |||
| Open | High | Low | Value | Volume |
| $19.11 | $19.40 | $19.11 | $79.50M | 4.125M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 28 | 4231 | $19.35 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.36 | 4262 | 18 |
View Market Depth
| Last trade - 13.41pm 10/10/2024 (20 minute delay) ? |
| FMG (ASX) Chart |