Proactiveinvestors United Kingdom Ferrexpo articles

Ferrexpo lays groundwork for the future

Wed, 21 Mar 2012 08:13:00 +0000

Iron ore pellet producer Ferrexpo has been in business for over thirty years but its operations have gathered renewed momentum recently. The question is can it maintain the momentum?

Ferrexpo “on track” to meet production targets

Thu, 10 Nov 2011 11:36:00 +0000

Evolution Securities rates the firm as “a very competitive iron ore producer” and has stuck with its 504 pence per share price target

Ferrexpo’s shares see strong rise after it reveals increased production figures

Thu, 06 Oct 2011 12:07:00 +0100

Broker Evolution Securities has set a price target of 504 pence for the shares, which were trading up at just below 300 pence each at lunchtime today

Ferrexpo has strong cash generating potential despite current volatility, say analysts

Tue, 27 Sep 2011 11:24:00 +0100

At current levels, iron ore pellet producer Ferrexpo's shares are undervalued, according to broker Seymour Pierce, which has produced a research note on the stock following a visit to its operations in Ukraine.

Ferrexpo heavily undervalued and full of promise, analysts say

Thu, 25 Aug 2011 13:16:00 +0100

Ferrexpo, the Ukraine-focused iron ore pellet producer, has seen heavy falls in its share price in recent months despite it putting out strong interims and an upbeat outlook just earlier this month. Seymour Pierce for one reckons the stock is now very undervalued and recommends the shares as ‘buy’ with a price target of 503 pence.

Don’t be underweight miners, warns JP Morgan Cazenove

Wed, 17 Aug 2011 13:44:00 +0100

Although the ‘big-cap’ mining sector is down 29 per cent from this year’s peak JP Morgan Cazenove analyst David Butler reckons portfolios should not be ‘underweight’ as far as the miners are concerned. His preferred stocks in the sector are Rio Tinto, Anglo American and Fresnillo.

Ferrexpo: Deutsche Bank upgrades from ‘hold’ to ‘buy’ after record first half

Thu, 04 Aug 2011 10:25:00 +0100

Deutsche bank has upgraded its view of Ukrainian iron pellet producer Ferrexpo after yesterday’s strong first half results. Meanwhile, UBS has stuck with its higher target price for the shares despite retaining a ‘neutral’ view.

Ferrexpo achieves record first half results; analysts reiterate ‘buy’ view

Wed, 03 Aug 2011 10:48:00 +0100

Revenue and operating profit were up 63 per cent and 86 per cent respectively over H1 2010 as the firm benefited from increasing demand from the steel industry, mainly in Germany and Asia. Brokers are sticking with price targets for the shares that are significantly higher than this morning’s price

Ferrexpo: brokers back iron ore miner as solid company with prospects

Thu, 26 May 2011 15:09:00 +0100

Ferrexpo reported an interim statement today for the first four months of 2011 saying it had made a good start benefitting from stong demand for its iron ore pellets.

Ferrexpo expected to post a bumper rise in earnings, but is the market missing the real story?

Fri, 11 Mar 2011 10:27:00 +0000

Ferrexpo is expected to be a major beneficiary of a buoyant iron ore price. We preview the up-coming prelims, and assess the oultook for the market. Also we look at some research that suggests investors have been slow to recognise the value of the shares.

From intriguing to just downright dull: Our list of the FTSE 350's worst and best performers

Fri, 31 Dec 2010 11:11:00 +0000

London’s best performing FTSE350 stocks of the year are a curious mix of the dull and the intriguing. Among the winners, the resources area is well represented given record high for gold and 30-year high for silver. Retailers and house-builders, meanwhile, were among the leading the laggards. Broker Galvan Research provides us with a commentary on the year just past and a couple of predictions for 2011

Ferrexpo shares advance as it restarts growth projects

Thu, 11 Nov 2010 11:21:00 +0000

Ferrexpo began the day strongly as investors welcomed its decision to restart growth projects that had been shelved back in 2008. The stock has been further buoyed by analyst upgrades in the sector. With record breaking production volumes, renewed expansion opportunities and improving forecasts in the commodity markets Ferrexpo has been one of the day’s most talked about big-caps.

Ferrexpo benefits as London’s only pure Iron Ore producer

Wed, 30 Jun 2010 10:54:00 +0100

Ferrexpo has not gone unnoticed by the market. Indeed the company’s share price has rallied by around 50% in 2010, predominantly on the back of the stronger outlook in the iron ore market.

Ferrexpo posts strongest 2009 results in Q4 as ore pellet production and higher grade output grows

Fri, 15 Jan 2010 09:22:00 +0000

Ferrexpo said the fourth quarter was its strongest in 2009 as pellet production and higher grade pellet output rose, it is seeing a slow recovery in European markets.

Ferrexpo revenues slide, but London’s only pure iron ore producer remains profitable

Wed, 05 Aug 2009 09:19:00 +0100

Ferrexpo also reacted to demand for higher quality 65% iron pellets; the group produced 2 million tonnes of higher grade pellets, a 4.3% increase compared to the same period last year.

Ferrexpo is London’s only pure play on the iron ore market

Tue, 21 Apr 2009 10:11:00 +0100

With massive iron ore resources strategically located near export routes into Europe, Russia and the international markets, the company looks set to benefit immensely from its dominant position.