Fortescue Ltd (OTCMKTS:FSUMF – Get Free Report) passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $12.99 and traded as low as $11.01. Fortescue shares last traded at $11.44, with a volume of 5,960 shares changing hands.
Fortescue Stock Performance
The firm has a 50-day moving average price of $12.47 and a 200 day moving average price of $12.96.
Fortescue Company Profile
Fortescue Ltd engages in the exploration, development, production, processing, and sale of iron ore in Australia, China, and internationally. It explores for copper, gold, and lithium deposits; and rare earth elements. The company owns and operates the Chichester Hub that includes the Cloudbreak and Christmas Creek mines located in the Chichester ranges; and the Solomon Hub comprising the Firetail, Kings Valley, and Queens Valley mines located in the Hamersley ranges of Pilbara, Western Australia.
See Also
- Five stocks we like better than Fortescue
- What Are the U.K. Market Holidays? How to Invest and Trade
- Top 3 Reasons to Invest in This Bond ETF for Stability and Growth
- Transportation Stocks Investing
- 2 Drone Stocks Surging from Increased Media Attention
- Insider Selling Explained: Can it Inform Your Investing Choices?
- Ciena Rebounds: AI and Strong Guidance Drive Post-Earnings Surge
Receive News & Ratings for Fortescue Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fortescue and related companies with MarketBeat.com's FREE daily email newsletter.
