Fortescue Ltd (OTCMKTS:FSUGY – Get Free Report)’s share price reached a new 52-week low on Monday . The company traded as low as $23.51 and last traded at $23.78, with a volume of 170023 shares traded. The stock had previously closed at $24.19.
Fortescue Stock Down 1.7 %
The firm has a 50 day moving average of $29.65 and a two-hundred day moving average of $32.94.
About Fortescue
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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