Fortescue Metals Group Reports 41% Profit Decline

Fortescue Metals Group has reported a decline in profit of 41% in its recent financial performance. This decline is despite the company’s continued focus on green-tech initiatives.

Key Financial Metrics

• The company’s stock price has fluctuated significantly over the past year, with a 52-week high of 21.59 AUD and a low of 13.18 AUD.
• The current stock price is 19.3 AUD.
• The price-to-earnings ratio is 11.32.
• The price-to-book ratio is 1.91.

Valuation Metrics

The current stock price of 19.3 AUD reflects a technical snapshot of the asset’s valuation.