Fortescue Ltd (OTCMKTS:FSUMF – Get Free Report) shares passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $12.04 and traded as low as $9.70. Fortescue shares last traded at $10.25, with a volume of 350 shares.
Fortescue Price Performance
The business’s fifty day moving average is $11.41 and its 200-day moving average is $12.03.
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.
Featured Stories
- Five stocks we like better than Fortescue
- How to Capture the Benefits of Dividend Increases
- Penny Stock SurgePays Rises 70%: 1 Reason to Buy, 5 to Sell
- Best Stocks Under $5.00
- Top 3 Beverage Stocks Pouring Out Profits
- What is the Euro STOXX 50 Index?
- CarMax and Carvana: Steering the Used Car Market
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.
