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Fortescue Ltd (ASX: FMG) is a global leader in the iron ore industry, known for its leading development of world class infrastructure and mining assets in the Pilbara region of Western Australia. Fortescue was founded in 2003 by Andrew Forrest, who is now one of Australia’s wealthiest people. The vast majority of Fortescue’s iron ore, a steel-making ingredient, is shipped and sold to Chinese customers.
The Fortescue Ltd (ASX:FMG) share price is down 35.4% since the start of 2024. It’s probably worth asking, ‘is the FMG share price undervalued?’
The Fortescue Ltd (ASX:FMG) share price is down 3% after providing the market its September 2024 quarterly update.
Rio Tinto Ltd (ASX:RIO) shares are currently my favourite pick compared to Fortescue Ltd (ASX:FMG) and BHP Group Ltd (ASX:BHP) shares.
The Mineral Resources Ltd (ASX:MIN) share price is down around 35.1% since the start of 2024. It’s probably worth asking, ‘is the MIN share price top value?’
Want to value the Fortescue Ltd (ASX:FMG) share price? Here are 6 key metrics you need to consider.
The Fortescue Ltd (ASX:FMG) share price is down around 34.2% since the start of 2024. It’s probably worth asking, ‘is the FMG share price priced to perfection?’
The BHP Group Ltd (ASX:BHP) share price has decreased 14.1% since the start of 2024. It’s probably worth asking, ‘is the BHP share price good value?’
Until 45, maximise your debt. After 45, maximise passive income.
The Fortescue Ltd (ASX:FMG) share price is down 33.8% since the start of 2024. It’s probably worth asking, ‘is the FMG share price undervalued?’
