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Fortress Minerals
Broker's Calls
PhillipCapital upgrades Fortress Minerals to 'buy' on positive outlook
In addition to her recommendation upgrade, PhillipCapital has also increased its target price estimate to 66 cents from 50 cents.
May 05, 2022
Results
Fortress Minerals reports slightly weaker FY22 results, full-year DPS of 0.8 cents
Fortress Minerals, despite weaker results, are optimistic on its prospects as iron ore prices remain elevated.
April 27, 2022
Broker's Calls
KGI keeps 'buy' on Fortress Minerals on the back of rising iron ore prices
KGI expects Fortress Minerals' net profit decline to reverse in the next quarter due to rising iron ore prices.
March 07, 2022
SGX query
Fortress Minerals triggers SGX query on share price spike
As at 2.36pm, shares in Fortress Minerals are trading 5.5 cents higher or 12.5% up at 49.5 cents.
March 04, 2022
Results
Fortress Minerals reports 34.5% lower earnings of US$2.8 mil for 3QFY2022
Earnings for the 9MFY2021 improved by 9.5% y-o-y to US$13.3 million.
January 12, 2022
Insider moves
UMS raises stake in subsidiary JEP; Fortress Minerals’ director loads up
Both UMS and JEP are controlled by Andy Luong, who holds the chairman and CEO positions at both companies.
December 16, 2021
Broker's Calls
1007 Brokers Digest
Take a look at these stocks for this week, including Sea, Capitaland Investment, and Raffles Medical Group.
October 21, 2021
Broker's Calls
PhillipCapital downgrades Fortress Minerals on lower-than-expected 2QFY22 results
In addition to the downgrade, PhillipCapital has lowered its PATMI estimates for the FY2022 by 22% to US$23.9 million.
October 18, 2021
Broker's Calls
Broker's Digest: Dairy Farm International, HRnetGroup, Fortress Minerals, Fu Yu Corp, CapitaLand, MLT
See the analysts' recommendations and target prices here.
July 22, 2021
Broker's Calls
Phillip raises Fortress Minerals TP to 81 cents amid strong iron ore prices
Fortress Minerals is expected outperform ahead amid strong iron ore prices and favourable demand and supply dynamics.
July 16, 2021