Fortress Minerals

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.
UMS raises stake in subsidiary JEP; Fortress Minerals’ director loads up - THE EDGE SINGAPORE

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.
1007 Brokers Digest - THE EDGE SINGAPORE

Broker's Calls

1007 Brokers Digest

Take a look at these stocks for this week, including Sea, Capitaland Investment, and Raffles Medical Group.
PhillipCapital downgrades Fortress Minerals on lower-than-expected 2QFY22 results - THE EDGE SINGAPORE

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.
Phillip raises Fortress Minerals TP to 81 cents amid strong iron ore prices - THE EDGE SINGAPORE

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.

Results

Fortress Minerals reports record 1Q earnings of US$7.2 mil

Fortress Minerals records yet another record quarter.
Broker's Digest: Fortress Minerals, SGX, Aztech Global - THE EDGE SINGAPORE

Broker's Calls

Broker's Digest: Fortress Minerals, SGX, Aztech Global

See the analysts' recommendations and target prices here.
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

An interim dividend of 1.0 cent has been declared for the FY2021 and will be paid out on May 10.
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