FMG 2.23% $26.61 fortescue ltd

Yes but the example below is what should generally be happening...

  1. 10,116 Posts.
    lightbulb Created with Sketch. 1352
    Yes but the example below is what should generally be happening to mining stocks.... they should be underperforming their base commodities due to the increased cost of extracting those commodities (margin erosion).

    For example, Newcrest VS Gold, both in USD:

    https://hotcopper.com.au/data/attachments/4883/4883427-82a5579d8416466c84ebd89a04ceede8.jpg

    Last edited by convexity: 02/12/22
 
watchlist Created with Sketch. Add FMG (ASX) to my watchlist
(20min delay)
Last
$26.61
Change
0.580(2.23%)
Mkt cap ! $81.93B
Open High Low Value Volume
$26.32 $26.61 $26.10 $130.7M 4.939M

Buyers (Bids)

No. Vol. Price($)
2 9149 $26.58
 

Sellers (Offers)

Price($) Vol. No.
$26.61 103276 6
View Market Depth
Last trade - 16.10pm 16/05/2024 (20 minute delay) ?
Last
$26.55
  Change
0.580 ( 2.17 %)
Open High Low Volume
$26.30 $26.61 $26.10 1169483
Last updated 15.59pm 16/05/2024 ?
FMG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.