FXPO.L - Ferrexpo Plc

LSE - LSE Delayed price. Currency in GBp
167.80
-6.30 (-3.62%)
At close: 4:35PM BST
Stock chart is not supported by your current browser
Previous close174.10
Open177.00
Bid166.90 x 0
Ask167.20 x 0
Day's range166.20 - 177.00
52-week range94.88 - 273.70
Volume954,739
Avg. volume1,681,356
Market cap1.03B
Beta (5Y monthly)1.21
PE ratio (TTM)2.45
EPS (TTM)68.40
Earnings date05 Aug 2020
Forward dividend & yield0.05 (3.01%)
Ex-dividend date04 Jun 2020
1y target est2.99
  • Four signs of a competitive moat at Ferrexpo (LON:FXPO)
    Stockopedia

    Four signs of a competitive moat at Ferrexpo (LON:FXPO)

    Given that widespread uncertainty in the stock market is likely to endure for the rest of 2020 and beyond, it pays to know that you're investing in high-qualit...

  • Two important factors that could move shares in Ferrexpo
    Stockopedia

    Two important factors that could move shares in Ferrexpo

    Shares in Ferrexpo (LON:FXPO) are currently trading at 183.2935, but a key question for investors is how much the current economic uncertainty will affect its...

  • Quality and value are positive signs for Ferrexpo
    Stockopedia

    Quality and value are positive signs for Ferrexpo

    Shares in Ferrexpo (LON:FXPO) are currently trading at 186.1 but a key question for investors is how the economic uncertainty caused by Covid-19 will affect th...

  • Why Ferrexpo is a mid-cap stock for contrarian investors
    Stockopedia

    Why Ferrexpo is a mid-cap stock for contrarian investors

    Contrarian value investors are always on the look-out for shares that the market has overlooked. In times of economic uncertainty - when stock prices become er...

  • Are Investors Undervaluing Ferrexpo plc (LON:FXPO) By 49%?
    Simply Wall St.

    Are Investors Undervaluing Ferrexpo plc (LON:FXPO) By 49%?

    In this article we are going to estimate the intrinsic value of Ferrexpo plc (LON:FXPO) by estimating the company's...

  • Analysts Are Updating Their Ferrexpo Plc (LON:FXPO) Estimates After Its Annual Results
    Simply Wall St.

    Analysts Are Updating Their Ferrexpo Plc (LON:FXPO) Estimates After Its Annual Results

    Shareholders of Ferrexpo Plc (LON:FXPO) will be pleased this week, given that the stock price is up 19% to UK£1.27...

  • Reuters - UK Focus

    LIVE MARKETS-The dividend debacle

    You can share your thoughts with Thyagaraju Adinarayan (thyagaraju.adinarayan@thomsonreuters.com), Joice Alves (joice.alves@thomsonreuters.com) and Julien Ponthus (julien.ponthus@thomsonreuters.com) in London. A flurry of companies have suspended, scrapped or put under review their dividend policy. The list is long and includes notably Inditex, Micro Focus, Tarkett, Ferrexpo, Air Partner, Wintershall Dea, Pub operator Marston, Sonsensus Asset Management, Firefly and the list goes on.

  • Investors Who Bought Ferrexpo (LON:FXPO) Shares Five Years Ago Are Now Up 135%
    Simply Wall St.

    Investors Who Bought Ferrexpo (LON:FXPO) Shares Five Years Ago Are Now Up 135%

    It's been a soft week for Ferrexpo Plc (LON:FXPO) shares, which are down 17%. But that doesn't change the fact that...

  • Reuters

    Ukraine court freezes Ferrexpo unit's shareholding

    Ferrexpo said it believes the temporary restriction is related to former Chief Executive Officer Kostyantin Zhevago and the Bank Finance and Credit business he owned until 2015. The Ukrainian mogul had stepped down as Ferrexpo's top boss in October on matters related to the bankrupt lender. Reuters was unable to reach Zhevago for comment, while Ferrexpo declined to comment beyond its statement.

  • You Have To Love Ferrexpo Plc's (LON:FXPO) Dividend
    Simply Wall St.

    You Have To Love Ferrexpo Plc's (LON:FXPO) Dividend

    Is Ferrexpo Plc (LON:FXPO) a good dividend stock? How can we tell? Dividend paying companies with growing earnings can...

  • Reuters - UK Focus

    Ukraine puts former Ferrexpo chief executive on international wanted list

    Ukraine's state prosecutor office said on Tuesday that Kostyantin Zhevago, the former chief executive of London-listed iron pellet producer Ferrexpo , had been put on an international wanted list. Prosecutors said in a statement they wanted to detain a former lawmaker and former beneficiary owner of Finance & Credit Bank. Tuesday's statement said the former beneficiary owner of Finance & Credit Bank was wanted on suspicion of embezzlement and money-laundering in connection with the disappearance of 2.5 billion hryvnia ($104 million) from the now bankrupt lender.

  • Ferrexpo Plc (LON:FXPO) Earns Among The Best Returns In Its Industry
    Simply Wall St.

    Ferrexpo Plc (LON:FXPO) Earns Among The Best Returns In Its Industry

    Today we'll look at Ferrexpo Plc (LON:FXPO) and reflect on its potential as an investment. Specifically, we're going...

  • Is Ferrexpo Plc's (LON:FXPO) CEO Pay Fair?
    Simply Wall St.

    Is Ferrexpo Plc's (LON:FXPO) CEO Pay Fair?

    Kostyantin Zhevago has been the CEO of Ferrexpo Plc (LON:FXPO) since 2008. This analysis aims first to contrast CEO...

  • Reuters

    Ferrexpo CEO Zhevago stands down temporarily to resolve issues at another business

    The Ukraine-focused company said Zhevago would hand over the reins to finance chief Chris Mawe to focus on issues relating to one of the businesses he owned until 2015. Ferrexpo did not elaborate and declined further comment, but a person familiar with the matter told Reuters the business in question was Finance & Credit Bank (F&C), which Zhevago owned until it went bankrupt in 2015. "This temporary change of leadership is necessary and in the interests of all shareholders to enable Mr Zhevago to focus on on-going matters in Ukraine without impacting the company's operations," Chairman Steve Lucas said in a statement, adding that Zhevago continued to be backed by the board.

  • Reuters - UK Focus

    UPDATE 2-Ferrexpo CEO Zhevago stands down temporarily to resolve issues at another business

    Ferrexpo Chief Executive Kostyantin Zhevago is temporarily stepping down to resolve matters related to one of his former businesses in Ukraine, the London-listed iron pellet producer said on Monday. The Ukraine-focused company said Zhevago would hand over the reins to finance chief Chris Mawe to focus on issues relating to one of the businesses he owned until 2015. Ferrexpo did not elaborate and declined further comment, but a person familiar with the matter told Reuters the business in question was Finance & Credit Bank (F&C), which Zhevago owned until it went bankrupt in 2015.

  • What Is Ferrexpo's (LON:FXPO) P/E Ratio After Its Share Price Tanked?
    Simply Wall St.

    What Is Ferrexpo's (LON:FXPO) P/E Ratio After Its Share Price Tanked?

    To the annoyance of some shareholders, Ferrexpo (LON:FXPO) shares are down a considerable 31% in the last month...

  • Why Ferrexpo Plc (LON:FXPO) Could Be Your Next Investment
    Simply Wall St.

    Why Ferrexpo Plc (LON:FXPO) Could Be Your Next Investment

    Ferrexpo Plc (LON:FXPO) is a stock with outstanding fundamental characteristics. When we build an investment case, we...

  • How Does Investing In Ferrexpo Plc (LON:FXPO) Impact The Volatility Of Your Portfolio?
    Simply Wall St.

    How Does Investing In Ferrexpo Plc (LON:FXPO) Impact The Volatility Of Your Portfolio?

    If you own shares in Ferrexpo Plc (LON:FXPO) then it's worth thinking about how it contributes to the volatility of...

  • Ferrexpo says funds to Ukrainian charity may have been misappropriated
    The Guardian

    Ferrexpo says funds to Ukrainian charity may have been misappropriated

    Ferrexpo mines iron ore for the steel industry. Photograph: STR/AFP/Getty ImagesThe London-listed mining company Ferrexpo has found that money donated by the company to a Ukrainian charity may have been “misappropriated” – but said that none of its directors or employees were implicated.The company, which mines iron ore in Ukraine for the steel industry, has been embroiled in scandal for months after its previous auditors, Deloitte, demanded an investigation into $110m (£90m) in payments to Blooming Land, a Ukrainian healthcare charity.Ferrexpo paid Blooming Land $24m in 2017 and $9.5m in 2018. In total since 2013 the company has paid $110m to the charity, which was meant to be used to support diabetes prevention, eyesight care and support for the elderly.Ferrexpo has insisted that the charity is not a related party to Kostyantin Zhevago, its billionaire chief executive and owner of 50.45% of the company’s shares.In a statement to the stock market on Friday, Ferrexpo said its review, including an investigation by the accountants BDO, had been unable to explain “a number of discrepancies” in the charity’s explanation of how it used donations. The “independent review committee” (IRC) that carried out the investigation comprised Ferrexpo’s non-executive directors, led by Steve Lucas, the former finance director of National Grid.Ferrexpo’s statement said: “The IRC has been unable to conclude as to the ultimate use of all of the funds by the charity, a third party. Indications therefore remain that some of the funds could have been misappropriated.”Deloitte in April issued a qualified opinion on the company’s twice-delayed full-year accounts over possible links between Zhevago and Blooming Land. It resigned two days later, saying that it could not carry on after Ferrexpo had initially rebuffed calls to launch an investigation into the discrepancies it had found.The review committee said it was “satisfied that none of Ferrexpo’s directors, management or employees have had any involvement in any possible misappropriation of funds” – and added that the charity was not a related party to Zhevago under the UK’s listing rules because he did not have control over the charity’s operations.Zhevago, who splits his time between Ferrexpo’s Swiss headquarters and Ukraine, is an influential figure in the country, where his company employs more than 10,000 people, although last month he lost his seat in Ukraine’s national legislature.The scandal has hit Zhevago’s wealth, with Ferrexpo’s share price about a third lower than its April peak, before Deloitte’s resignation. Zhevago said last month that Ferrexpo shares had suffered because “representatives from the audit committee made absurd statements saying nonsense”, according to Bloomberg.Ferrexpo declined to say how much of the money may have been misappropriated. It is understood that there is evidence that some of the money was used on heathcare programmes.The board is considering its options for the next steps with regards to the money that is unaccounted for. It is understood this could include attempting to recover the donations from the charity as well as the $6.4m (£5.3m) costs of carrying out the investigation.Ferrexpo still faces investigations by Ukrainian tax authorities over the charity. There has been no contact from British regulators.

  • Reuters - UK Focus

    UPDATE 2-Ferrexpo says Ukraine charity funds may have been misappropriated

    Ferrexpo said an independent review of funds it donated to a Ukrainian charity had concluded some of the money could have been misappropriated but cleared the iron-ore pellet maker's directors of any involvement. The Blooming Land charity, which coordinated Ferrexpo's Corporate Social Responsibility (CSR) programme, came under scrutiny in 2018 after auditors found holes in its statements showing how it uses the funds it receives.

  • I Ran A Stock Scan For Earnings Growth And Ferrexpo (LON:FXPO) Passed With Ease
    Simply Wall St.

    I Ran A Stock Scan For Earnings Growth And Ferrexpo (LON:FXPO) Passed With Ease

    Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...

  • Pellet pivot - China develops taste for high-grade iron ore as coastal furnaces fire up
    Reuters

    Pellet pivot - China develops taste for high-grade iron ore as coastal furnaces fire up

    BEIJING/SINGAPORE (Reuters) - China's demand for iron ore pellets and high-quality ore is expected to accelerate in 2020 as a result of Beijing's push to shift dozens of steel mills to coastal regions in its battle to stop smog blanketing industrial cities. Relocating plants to the coast, with stricter environmental requirements, means up to 20% of China's more-than-a-billion-tonne annual ore demand will shift from lower- to higher-grade ores within coming years, according to industry sources and a Reuters analysis of official import and production statistics.

  • Woman appointed to one of the last four FTSE 350 companies with all-male boards
    Yahoo Finance UK

    Woman appointed to one of the last four FTSE 350 companies with all-male boards

    Ukrainian mining company Ferrexpro said that geologist Fiona MacAulay had joined its board.

  • Ferrexpo Plc (LON:FXPO) Looks Interesting, And It's About To Pay A Dividend
    Simply Wall St.

    Ferrexpo Plc (LON:FXPO) Looks Interesting, And It's About To Pay A Dividend

    Some investors rely on dividends for growing their wealth, and if you're one of those dividend sleuths, you might be...

  • Reuters - UK Focus

    UPDATE 1-Ferrexpo doubles dividend payment as profit jumps

    Iron ore pellet producer Ferrexpo has doubled its interim dividend payout after topping analysts' expectations for first half core earnings on the back of a global rise in the price of the pellets it churns out for the steel industry. The Switzerland-based company, the world's third largest maker of the small balls of iron ore used in the production of steel, declared an interim dividend of 6.6 cents, up from 3.3 cents a year earlier. "During the period we continued to benefit from strong pricing for our high-grade iron ore pellets, which helped deliver healthy cash flows," Non-Executive Chairman Steve Lucas said in a statement on Friday.

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