@SAUgut77 I have also had the share on my watch list for about a year. However, mining stocks are not for the faint-hearted, especially iron ore miners like Fortescue - they are very dependent on the global economy. The P/E ratio is 6.5, the P/B ratio is 1.8 and the KCV is 5.8, making them fundamentally very good values. The long-term average KCV is 4.4, making the share expensive at the moment. I currently see a fair price of €9.50 and will buy the stock if it breaks through this level.
