In a report released today, Robert Stein from Macquarie maintained a Sell rating on Fortescue Metals Group Ltd, with a price target of A$16.50. The company’s shares closed today at $12.70.Elevate Your...
In a report released today, Paul Young from Goldman Sachs maintained a Hold rating on Fortescue Metals Group Ltd, with a price target of A$18.50. The company’s shares closed yesterday at $12.90.Elevate...
In a report released today, Kate McCutcheon from Citi maintained a Hold rating on Fortescue Metals Group Ltd, with a price target of A$19.10. The company’s shares closed today at $12.90.Elevate Your...
In a report released today, Chris Drew from Jefferies maintained a Hold rating on Fortescue Metals Group Ltd, with a price target of A$17.50. The company’s shares closed last Friday at $12.83.Elevate...
Shares of Vale S.A. VALE have inched up 1% since it reported fourth-quarter and 2024 results on Feb. 19. The company witnessed a 22% decline in fourth-quarter revenues while earnings plunged 64% attributed...
Vale S.A. VALE reported iron ore production of around 85 million tons (Mt) for the fourth quarter of 2024, which was 4.6% lower than the year-ago quarter, reflecting a shift toward higher-margin products.However,...
Shares of Vale S.A VALE hit a 52-week low of $8.38 yesterday to close the session a tad higher at $8.51.The stock has been in the red territory for a while now, having declined 42.5% over a year. VALE...
Rio Tinto RIO has joined forces with BHP Group BHP and BlueScope to develop Australia’s largest ironmaking electric smelting furnace (ESF) pilot plant in Western Australia. The BHP-RIO alliance will...
Fortescue Ltd FSUGY has strengthened its partnership with Liebherr, increasing the mining equipment to be supplied by the latter from 120 haul trucks to 475 zero-emission machines. This will create one...
Vale S.A. VALE shares have gained 2% following the announcement on Aug. 26 that its current chief financial officer, Gustavo Pimenta, will take over the reins of the company as the next CEO. He will replace...