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Fortescue Metals Group Ltd ( (AU:FMG) ) has provided an announcement.
Fortescue Metals Group Ltd announced a change in the director’s interest, with Usha Rao-Monari acquiring 316 ordinary securities through an on-market trade, increasing her total holdings to 585. This change reflects an investment in the company, potentially signaling confidence in its future performance and stability, which could impact stakeholder perceptions positively.
The most recent analyst rating on (AU:FMG) stock is a Buy with a A$19.90 price target. To see the full list of analyst forecasts on Fortescue Metals Group Ltd stock, see the AU:FMG Stock Forecast page.
More about Fortescue Metals Group Ltd
Fortescue Metals Group Ltd is a prominent player in the mining industry, primarily focusing on the production and export of iron ore. The company is known for its significant contributions to the global iron ore market and has a strong presence in Australia.
Average Trading Volume: 7,618,773
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$59.39B
Learn more about FMG stock on TipRanks’ Stock Analysis page.