Previous close | 143.80 |
Open | 147.30 |
Bid | 143.90 x 0 |
Ask | 144.10 x 0 |
Day's range | 142.80 - 148.50 |
52-week range | 105.50 - 399.40 |
Volume | |
Avg. volume | 1,484,240 |
Market cap | 851.15M |
Beta (5Y monthly) | 1.36 |
PE ratio (TTM) | 3.53 |
EPS (TTM) | 0.41 |
Earnings date | 03 Aug 2022 |
Forward dividend & yield | 0.16 (11.56%) |
Ex-dividend date | 16 Jun 2022 |
1y target est | 2.68 |
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.
By Scott Kanowsky