Fortress Minerals Limited (SG:OAJ) has released an update.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
Fortress Minerals Limited has secured two new offtake agreements with a domestic steel mill in Malaysia, ensuring the delivery of approximately 510,000 wet metric tonnes of iron ore over a 12 to 14-month period. These agreements are expected to bolster the company’s financial stability and positively impact earnings per share for the fiscal year ending February 2025. With pricing linked to North China iron ore benchmarks, this deal could provide a steady cash flow for Fortress Minerals.
For further insights into SG:OAJ stock, check out TipRanks’ Stock Analysis page.
