Lower Iron Ore and Base Metals Prices Drive 5% Reduction in Vale's Fair Value Estimate
We reduce our fair value estimate to USD 13.50 per share from USD 14.20, driven by lower iron ore and base metals prices.
Lower Iron Ore Prices See Fortescue's Fair Value Estimate Reduced; Shares Still Overvalued
Fortescue increased production rapidly thanks to favorable iron ore prices, aggressive expansion, and historically low interest rates. Expansion from 55 million metric tons of capacity in fiscal 2012 ...
Copper M&A Frenzy Masks Greenfield Exploration Weakness: Is AI To Blame?
Mining companies turning to acquisitions instead of exploration due to cost and risk. Copper prices down but shortages ...
Sell Fortescue and buy these ASX 200 mining stocks
Fortescue Ltd (ASX: FMG) shares have come under significant pressure over the past four months. During this time, the ASX 200 mining stock has lost 35% of its value as iron ore prices tumbled.