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An announcement from Fortescue Metals Group Ltd ( (AU:FMG) ) is now available.
Fortescue Metals Group Ltd announced a change in the director’s interest, with Dr. Larry Marshall acquiring 5,418 ordinary shares through an on-market trade, increasing his total holdings to 22,156 shares. This change reflects the director’s growing investment in the company, which may signal confidence in Fortescue’s future performance and stability, potentially impacting stakeholders’ 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 leading company in the mining industry, primarily focusing on the production and export of iron ore. It operates in the global market, supplying high-quality iron ore to steel producers worldwide.
Average Trading Volume: 7,618,773
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$59.39B
For detailed information about FMG stock, go to TipRanks’ Stock Analysis page.