Has the Fortescue Metals Share Price Peaked? (ASX:FMG)
FMG peaked in the lead up to the coronavirus pandemic and appears to have just about recovered to its pre-COVID level. At the time of the market collapse, I remarked at the resilience of FMG…
ASX:FMG
3 ASX Dividend Stocks I Wouldn’t Hold My Breath On: BHP, FMG and RIO
Income investors are looking everywhere for a safe haven these days. If it’s not the banks then, what about the big mining companies? I’m talking about BHP Group Ltd [ASX:BHP], Rio Tinto Ltd [ASX:RIO] and…
Fortescue Metals Group Shares Down Today: What to Expect Next…
Fortescue Metals Group Ltd [ASX: FMG] shares are down today by 4% at time of writing. But they’re not the only ones. Iron ore prices are falling as COVID-19 spreads, creating a global economic slowdown. …
FMG Share Price Down, Iron Ore Price Resilient — Why This Is a Blip
At time of writing, the share price of Fortescue Metals Group Ltd [ASX:FMG] is down 1.26%, trading at $9.81. As the coronavirus spreads, we look at the implications for the iron ore price and consequently…
FMG Share Price Down More than 4%: End of the Iron Ore Rush?
Let’s revisit the chart from last month, where I said if the FMG share price broke through this range, the long-term top was in.
BHP Share Price Down on Results, but Iron Ore Outlook May Disappoint
At time of writing, the share price of BHP Group Ltd [ASX:BHP] is down 0.23%, trading at $38.38, the BHP share price has experienced a resurgence since October lows. We look at BHP’s latest half…
Calling a Top on the FMG Share Price: Why and How (ASX:FMG)
At time of writing, the share price of Fortescue Metals Group Ltd. [ASX:FMG] is down 2.5%, trading at $11.09. Today, the thesis is that we have just seen a long-term (2–3 years) top for the…
BHP, Rio, and FMG Share Prices Up on Iron Ore Price Surge, Chinese Stimulus Hopes
At time of writing, the share prices of BHP Group Ltd [ASX:BHP], Rio Tinto Ltd [ASX:RIO], and Fortescue Metals Group Ltd [ASX:FMG] are all up. In early trading the FMG share price gained the most,…
FMG Share Price Nears 52-Week High: Downside Risks Rising Though
The thesis today is that the FMG share price is now in a precarious position and downside risks are rising. More bad data seems to be prompting buying.
FMG Share Price Down on FY19 Results: More Pain to Come
At time of writing, the share price of Fortescue Metals Group Ltd [ASX:FMG] is down 3.96% trading at $7.27. The FMG share price has shed over 20% since it hit a 52-week high on 4…