Bukit Besi mine

Fortress Minerals reports earnings of US$18.3 mil, record revenue of US$47.7 mil for FY2021 - THE EDGE SINGAPORE

Results

Fortress Minerals reports earnings of US$18.3 mil, record revenue of US$47.7 mil for FY2021

Fortress Minerals has reported earnings of US$18.3 million ($24.2 million) for the FY2021 ended February, nearly triple the earnings – or 180.9% higher – than the US$6.5 million posted in the FY202

Fortress Minerals reports 477.6% higher 3QFY2021 earnings of US$4.3 mil due to higher revenue and 'favourable operating environment' - THE EDGE SINGAPORE

Results

Fortress Minerals reports 477.6% higher 3QFY2021 earnings of US$4.3 mil due to higher revenue and 'favourable operating environment'

Fortress Minerals, the producer and exporter of high-grade iron ore concentrate from Malaysia, reported earnings of US$4.3 million ($5.7 million) for the 3QFY2021 ended November 2020, more than dou

PhillipCapital positive on new iron ore producer Fortress Minerals - THE EDGE SINGAPORE

Broker's Calls

PhillipCapital positive on new iron ore producer Fortress Minerals

PhillipCapital’s Vivian Ye has initiated coverage on iron ore producer Fortress Minerals (FML) with a “buy” rating and target price of 28 cents.

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