Fortescue Ltd (OTCMKTS:FSUGY – Get Free Report)’s share price traded up 4% during trading on Wednesday . The stock traded as high as $30.00 and last traded at $29.98. 52,841 shares traded hands during trading, an increase of 32% from the average session volume of 40,152 shares. The stock had previously closed at $28.82.
Fortescue Stock Up 4.0 %
The stock’s 50 day moving average price is $32.64 and its two-hundred day moving average price is $34.50.
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.
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