OTCMKTS:FSUGY Fortescue (FSUGY) Stock Price, News & Analysis → The AI Bottleneck No One is Talking About (From The Bull Report) (Ad) Free FSUGY Stock Alerts $31.21 -0.13 (-0.41%) (As of 03/18/2024 04:36 PM ET) Add Compare Share Share Today's Range$31.14▼$31.3050-Day Range$31.21▼$39.0252-Week Range$24.33▼$39.76Volume35,557 shsAverage Volume30,486 shsMarket CapitalizationN/AP/E RatioN/ADividend Yield8.94%Price TargetN/A Stock AnalysisStock AnalysisAnalyst ForecastsChartDividendHeadlinesShort InterestStock AnalysisAnalyst ForecastsChartDividendHeadlinesShort Interest Get Fortescue alerts: Email Address Ad Paradigm Press8,788% Return Predicted For THIS Crypto (already up 40% in 6 months)THIS cryptocurrency has gained 40% in 6 months. A crypto millionaire who has researched the space for a decade says it will go up 8,788% in 5 years. The name of this cryptocurrency is revealed right here: Click to get the name of the cryptocurrency About Fortescue Stock (OTCMKTS:FSUGY)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. It also develops and produces the Eliwana mine situated in the Pilbara region of Western Australia. In addition, the company holds a portfolio of properties situated in Argentina, Peru, Chile, and Brazil, as well as Portugal and Kazakhstan. Further, it provides port towage services; owns and operates rail and port facilities; and focuses on producing green energy and green hydrogen, including derivatives comprising green ammonia. The company was formerly known as Fortescue Metals Group Limited and changed its name to Fortescue Ltd in November 2023. Fortescue Ltd was incorporated in 1983 and is headquartered in East Perth, Australia.Read More FSUGY Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart FSUGY Stock News HeadlinesMarch 13, 2024 | americanbankingnews.comShort Interest in Fortescue Ltd (OTCMKTS:FSUGY) Grows By 176.8%March 11, 2024 | afr.comFortescue says hydrogen hopes rest on a halving of power pricesMarch 19, 2024 | Banyan Hill Publishing (Ad)AI Cracks Open Largest Untapped Energy Reserve on EarthThis orb represents the largest untapped energy source in the world… And although this energy resource is unknown by 99% of the public… It makes gas, coal, oil, wind, hydropower, solar, fusion… March 7, 2024 | fool.com.auGuess which ASX mining share is rocketing 78% on a JV agreement with FortescueMarch 1, 2024 | msn.comFortescue Ltd - Depositary Receipt () (FSUGY) Declares $1.42 DividendFebruary 28, 2024 | morningstar.com.auFortescue Share Price: Is ASX: FMG Undervalued or Overvalued?February 25, 2024 | fool.com.auHoping to bag the Fortescue dividend? You better be quick!February 22, 2024 | finance.yahoo.comFortescue’s Profit Jump Defies Downturn for Mining RivalsMarch 19, 2024 | Prosper Trading Academy (Ad)Did you make $29,000 two days with AI options trades?What if it was possible to find options trades on autopilot… Using A.I. to find the ones with the highest profit potential… And nearly perfect win rates… You can grab your free copy of my "Ultimate Guide to A.I. Options Trading" by clicking the link below:February 22, 2024 | barrons.comHigh Ore Prices Boost Mining Giant Fortescue's EarningsFebruary 21, 2024 | financialpost.comFortescue's First-Half Profit Jumps 41%, Beating EstimatesFebruary 21, 2024 | wsj.comFortescue 1H Net Profit Up 41%, Raises DividendFebruary 17, 2024 | wsj.comFortescue Metals Group Ltd. ADRFebruary 5, 2024 | fool.com.auForget Fortescue shares: This ASX stock could be poised for a bull run in 2024February 1, 2024 | finance.yahoo.comFortescue’s Gunner Resigns as Miner’s Management Exodus Rolls OnFebruary 1, 2024 | au.news.yahoo.comEx-NT chief Michael Gunner resigns from Fortescue roleJanuary 31, 2024 | afr.comFormer NT chief minister quits Forrest’s Fortescue energy businessJanuary 30, 2024 | msn.comFortescue Bay search crews find missing man Jack Lockley alive three days after he went missingJanuary 30, 2024 | afr.comNew Fortescue finance boss lasts five months as exec losses mountJanuary 25, 2024 | realmoney.thestreet.comFortescue Metals just downgraded at JPMorgan, here's whyJanuary 23, 2024 | afr.comMalcolm Turnbull exits Fortescue boardroomJanuary 18, 2024 | fool.com.au2024 could be the biggest year in history for the Fortescue share price. Here's why!January 7, 2024 | fool.com.auIs this a good time to buy Fortescue shares?January 5, 2024 | sports.yahoo.comHow Rangers prospects Gabe Perreault, Drew Fortescue performed at the 2024 World Junior ChampionshipJanuary 5, 2024 | msn.comGabriel Perreault, Drew Fortescue Earn Gold Medals At The World Junior ChampionshipJanuary 4, 2024 | msn.comGabriel Perreault, Drew Fortescue Making Noise At World Junior ChampionshipJanuary 4, 2024 | afr.comFortescue, Woodside hydrogen hopes in doubt after US rule changeSee More Headlines Receive FSUGY Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Fortescue and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 4/3 Dividend3/01/2024Today3/19/2024Dividend Payable4/03/2024Fiscal Year End6/30/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeOTCMKTS SectorBasic Materials Industry Metal mining Sub-IndustryN/A Current SymbolOTCMKTS:FSUGY Previous SymbolNASDAQ:FSUGY CUSIPN/A CIKN/A Webwww.fmgl.com.au Phone(186) 218-8888Fax61-8-6218-8880Employees20,385Year Founded2003Profitability EPS (Most Recent Fiscal Year)N/A Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet IncomeN/A Net MarginsN/A Pretax MarginN/A Return on EquityN/A Return on AssetsN/A Debt Debt-to-Equity Ratio0.29 Current Ratio2.47 Quick Ratio1.98 Sales & Book Value Annual Sales$16.87 billion Price / SalesN/A Cash Flow$4.88 per share Price / Cash Flow6.39 Book Value$11.27 per share Price / Book2.77Miscellaneous Outstanding SharesN/AFree FloatN/AMarket CapN/A OptionableNot Optionable Beta1.08 Social Links 5G Stocks: The Path Forward is ProfitableClick the link below and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise. Get This Free Report Key ExecutivesDr. John Andrew Henry Forrest A.O. (Age 62)AICD, BA, FAusIMM, Founder & Executive Chairman of the Board Mr. Dino OtrantoChief Executive OfficerMs. Elizabeth Anne Gaines CA (Age 61)Global Ambassador & Executive Director Comp: $3.37MDr. Richard Mark Hutchinson B.Com. (Age 58)Chief Executive Officer of Fortescue Energy Comp: $2.18MMs. Apple PagetActing Chief Financial OfficerMr. Andrew DriscollGeneral Manager of Investor RelationsMr. Philip James McKeiverChief General Counsel & Company SecretaryMs. Shelley Maree Robertson BSc(Eng)GradDip(IT), MBA, MEngSc, Chief Corporate OfficerMr. Eamon HarmonGeneral Manager of ExplorationRael McNallyManaging Director of Fortescue CapitalMore ExecutivesKey CompetitorsAlmaden MineralsNYSE:AAUAmerican Lithium MineralsOTCMKTS:AMLMCamrova ResourcesOTCMKTS:BAJFFCompañía de Minas Buenaventura S.A.A.NYSE:BVNDakota Territory ResourceOTCMKTS:DTRCView All Competitors Should I Buy Fortescue Stock? FSUGY Pros and Cons Explained These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Fortescue was last updated on Friday, March 15, 2024 at 3:16 AM. Pros Here are some ways that investors could benefit from investing in Fortescue Metals Group Limited: Fortescue recently acquired a 19.9% stake in Magmatic Resources, expanding its exposure to copper and gold, which are valuable commodities in the current market. The company is actively involved in developing green energy and green hydrogen projects, aligning with the global shift towards sustainable energy sources. Fortescue's diversified portfolio of properties in countries like Argentina, Peru, Chile, and Brazil provides geographic diversification and potential growth opportunities. The company's focus on producing green ammonia positions it well in the emerging market for green chemicals and fuels. Fortescue's strong presence in the iron ore market, especially in Australia and China, offers stability and revenue potential due to the ongoing demand for iron ore in infrastructure projects. Cons Investors should be bearish about investing in Fortescue Metals Group Limited for these reasons: Volatility in commodity prices, especially in metals like iron ore, copper, and gold, can significantly impact Fortescue's financial performance and stock price. The company's operations in multiple countries may expose it to geopolitical risks, regulatory challenges, and currency fluctuations that could affect its profitability. Fortescue's expansion into new sectors like copper and gold may require substantial investments and resources, potentially straining its financial position in the short term. Market competition in the mining industry is intense, and Fortescue faces competition from both established players and new entrants, which could impact its market share and margins. Investors should carefully monitor the company's stock price movements and financial reports to make informed decisions, considering the inherent risks associated with investing in the mining sector. FSUGY Stock Analysis - Frequently Asked Questions Should I buy or sell Fortescue stock right now? 2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Fortescue in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" FSUGY shares. View FSUGY analyst ratings or view top-rated stocks. How have FSUGY shares performed in 2024? Fortescue's stock was trading at $39.24 at the beginning of 2024. Since then, FSUGY stock has decreased by 20.5% and is now trading at $31.21. View the best growth stocks for 2024 here. Are investors shorting Fortescue? Fortescue saw a increase in short interest during the month of February. As of February 29th, there was short interest totaling 15,500 shares, an increase of 176.8% from the February 14th total of 5,600 shares. Based on an average daily trading volume, of 55,400 shares, the short-interest ratio is presently 0.3 days. View Fortescue's Short Interest. How often does Fortescue pay dividends? What is the dividend yield for Fortescue? Fortescue declared a dividend on Thursday, February 29th. Investors of record on Monday, March 4th will be given a dividend of $1.3952 per share on Wednesday, April 3rd. This represents a yield of 7.34%. The ex-dividend date is Friday, March 1st. This is a positive change from the stock's previous dividend of $1.27. Read our dividend analysis for FSUGY. Is Fortescue a good dividend stock? Fortescue (OTCMKTS:FSUGY) pays an annual dividend of $2.79 per share and currently has a dividend yield of 8.71%. FSUGY has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Read our dividend analysis for FSUGY. How do I buy shares of Fortescue? Shares of FSUGY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (OTCMKTS:FSUGY) was last updated on 3/19/2024 by MarketBeat.com Staff From Our PartnersCentral Bank Gold Heist In ProgressColonial Metals8,788% Return Predicted For THIS Crypto (already up 40% in 6 months)Paradigm PressLike Tiny Crypto Retirement FundsCrypto 101 MediaThe AI Bottleneck No One is Talking AboutThe Bull ReportMake This $3 Trade the Instant the Opening Bell RingsMonument Traders AllianceSHOCKING Footage From Tesla Gigafactory In Austin, TexasInvestorPlaceThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading AcademyThe world’s greatest investmentPorter & Company Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Fortescue Ltd Please log in to your account or sign up in order to add this asset to your watchlist. 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