|Bid||1.0780 x 2410000|
|Ask||1.1340 x 2410000|
|Day's range||1.1100 - 1.1300|
|52-week range||1.1100 - 2.3480|
|Beta (5Y monthly)||1.44|
|PE ratio (TTM)||3.32|
|Forward dividend & yield||N/A (N/A)|
|Ex-dividend date||16 Jun 2022|
|1y target est||N/A|
It’s been a wild few years for the price of Ferrexpo shares. Does their current level offer this writer an attractive buying opportunity? The post Ferrexpo shares have bounced back before – and they look cheap now! appeared first on The Motley Fool UK.
The group said Board Chair Lucio Genovese will act as executive chair on an interim basis and assume leadership of the company from July 1. The change comes as Ferrexpo has had to scale down production in Ukraine since its conflict with Russia led to severe logistical constraints and damages to Ukraine's electrical infrastructure.
After huge share price falls, could these two dividend shares be golden tickets to riches or are they investments to avoid? Our writer investigates. The post 2 dividend shares near 52-week lows! A rare chance to get rich? appeared first on The Motley Fool UK.
The group, which has all its operations in Ukraine, said it produced 900,000 tonnes of iron ore pellets in the first quarter, compared with 420,000 tonnes in the fourth quarter last year. Ferrexpo's operations have been impacted by the Russian invasion and the ensuing conflict as severe logistical constraints and damages to Ukraine's electrical infrastructure have forced the miner to scale down production. The group's mining activities began slumping in the second quarter last year due to the constraints and as European customers — particularly steelmakers that use iron ore pellets to produce steel — cut purchases.
Ferrexpo, the world's third-largest exporter of iron ore pellets, has all its operations in Ukraine, and has been facing disruptions due to the conflict in the country. Ferrexpo said it intends to maintain its global inventory of finished iron ore pellets at a stockpile level in line with previous years, but warned this might not be possible due to logistical difficulties. The group added that if it could increase its inventory of pellets, it might elect to moderate production volumes this year to ensure a drawdown in its stockpiles.
The billionaire majority owner of London-listed iron ore pellet producer Ferrexpo has been arrested at a ski resort over $100m [£83m] embezzlement allegations in Ukraine.
Kostiantyn Zhevago was arrested at a French ski resort following a request by authorities in Ukraine.
The Ukraine-focussed miner said its iron ore pellet production declined 68% year on year to 800,000 tonnes in the third quarter. The world's third-largest exporter of iron ore pellets, which has all its operations in Ukraine, has been facing disruptions due to the conflict in the country. The quarter saw an additional constraint on the Ukrainian railway network with an increase in grain shipments during the harvest season, CEO Jim North said.
The company said it was exploring all options, including its right to appeal the decision to the Supreme Court of Ukraine. Four former shareholders of FPM have filed claims to invalidate a share purchase deal from 2002, in which a more than 40% stake in FPM was sold to its former Chief Executive Officer Kostyantin Zhevago and other parties.
A look at the shareholders of Ferrexpo plc (LON: FXPO) can tell us which group is most powerful. Large companies...
The group said its pellet production fell 14% to 4.8 million tonnes, as constraints in its logistics increased following Russia's blockade of Ukraine's Black Sea ports in February. The world's third-largest exporter of iron ore pellets, which makes pellets used in steel industry and has all its operations in Ukraine, has been facing disruptions due to the crisis. The company is in advanced talks to restart transportation of material sales through ocean-bound freight, which was hampered by the blockade, Ferrexpo said, adding that it processed small shipments from the Black Sea and Baltic Sea ports in June.
The world's third-largest exporter of iron ore pellets has been facing disruptions due to the Russia-Ukraine crisis. Last month, Ferrexpo had reduced production of pellets after its sales to Europe were impacted as a transport route in the southwest of the country was damaged. The miner, which makes iron ore pellets used in steel industry, has all its operations in Ukraine but away from the main conflict zones.
(Bloomberg) -- Here’s the key business news from London-listed companies this morning.Most Read from BloombergNatural Gas Soars 700%, Becoming Driving Force in the New Cold WarCiti Says Oil May Collapse to $65 by the Year-End on RecessionOil Plummets Below $100 as Recession Risks Come to ForefrontWall Street Says a Recession Is Coming. Consumers Say It's Already HereRoaring US Rental Market Shows Early Signs of Slowing Down Trainline Plc: The online ticketing service raised its guidance for the
Insiders who bought US$114k worth of Ferrexpo plc's ( LON:FXPO ) stock at an average buy price of US$3.67 over the last...
Shares in Ferrexpo (LON:FXPO) are currently trading at 148.8p but a key question for investors is how geopolitical and economic turmoil will continue to affect...
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Buying quality merchandise when it's on sale is a stock market strategy used by some of the greatest investors in the world - including Warren Buffett. After t...