ASX:FMGMetals and Mining
Fortescue (ASX:FMG) Valuation Check As Investors Position For Results And Softer Iron Ore Data
Recent moves in Fortescue (ASX:FMG) have been shaped by investor positioning ahead of its February 25 half year results, with attention on costs, shipment volumes, dividend settings, and softer iron ore and China data.
See our latest analysis for Fortescue.
At a share price of A$21.64, Fortescue has seen short term share price returns move around key China data and rate decisions, while its 1 year and multi year total shareholder returns remain solid. This suggests longer term holders have so...