It is worth to compare FMG to similar miner who depends upon selling Fe 58 grade ... this avoid misleading comparison.... IMO.
another thing to note that BHP, RIO both are the one with other commodity actively mined & processed unlike FMG which doesn't have anything other than Fe 58% grade Iron Ore and plenty of talk and MOU about Hydrogen... IMO.
Iron ore price, page-44131
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$19.96 |
Change
-0.720(3.48%) |
Mkt cap ! $61.45B | |||
| Open | High | Low | Value | Volume |
| $20.18 | $20.38 | $19.96 | $247.8M | 12.31M |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 66287 | $19.96 |
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| Price($) | Vol. | No. |
|---|---|---|
| $20.00 | 10809 | 2 |
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