OTCMKTS:FSUGY Fortescue (FSUGY) Stock Price, News & Analysis → READ THIS – If You Missed Out On The AI Boom (From Banyan Hill Publishing) (Ad) Free FSUGY Stock Alerts $32.94 -0.43 (-1.29%) (As of 05/1/2024 ET) Add Compare Share Share Today's Range$32.80▼$33.3150-Day Range$31.21▼$37.0052-Week Range$24.33▼$39.76Volume20,219 shsAverage Volume48,646 shsMarket CapitalizationN/AP/E RatioN/ADividend Yield8.41%Price TargetN/A Stock AnalysisStock AnalysisAnalyst ForecastsChartDividendHeadlinesShort InterestStock AnalysisAnalyst ForecastsChartDividendHeadlinesShort Interest Get Fortescue alerts: Email Address Ad Stansberry ResearchThe Long-Awaited End of America UpdateA 995% Gain Last Time We Shared this "Election Secret" It's a straightforward way to come out on top no matter who wins this November… It's not cryptos, or options, and anyone can do it.Click here to find out for free. 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 HeadlinesApril 30, 2024 | msn.comFortescue share price shines as rivals risk $38 billion hitApril 26, 2024 | americanbankingnews.comFortescue Ltd (OTCMKTS:FSUGY) Sees Significant Growth in Short InterestMay 2, 2024 | Paradigm Press (Ad)Biden replacement revealed?A former CIA insider just announced a disturbing prediction… Biden will withdraw as the Democrat nominee on June 13.April 24, 2024 | msn.comIron ore prices surge as Fortescue shipments slide on derailment, weatherApril 24, 2024 | msn.comFortescue share price tumbles on Q3 disappoinmentApril 24, 2024 | finance.yahoo.comIron Ore Rises to Seven-Week High on Fortescue View, China HopesApril 23, 2024 | finance.yahoo.comFortescue Iron Ore Exports Take Hit From Derailment, WeatherApril 23, 2024 | msn.comFortescue takes ‘milestone step towards green shipping’ amid iron ore hitMay 2, 2024 | Paradigm Press (Ad)Biden replacement revealed?A former CIA insider just announced a disturbing prediction… Biden will withdraw as the Democrat nominee on June 13.April 23, 2024 | afr.comFortescue playing catch up on iron ore shipmentsApril 23, 2024 | afr.comForrests poised to tip more Fortescue shares into their charityApril 17, 2024 | tmcnet.comKBR Green Ammonia Technology Selected for Fortescue's Project in NorwayApril 17, 2024 | msn.comFortescue compo should include land and ore, court toldApril 11, 2024 | afr.comIndependent expert denies bias in blockbuster Fortescue caseApril 10, 2024 | msn.comAre Coles or Fortescue shares a better buy for dividend income?April 2, 2024 | finance.yahoo.comThe $40 Billion Fund That’s Gambling With Europe’s Climate GoalMarch 31, 2024 | finance.yahoo.comFortescue Ltd (FSUGY) Stock Historical Prices & Data - Yahoo FinanceMarch 27, 2024 | finance.yahoo.comCalculating The Fair Value Of Fortescue Ltd (ASX:FMG)March 23, 2024 | finance.yahoo.comFortescue eyes developing its copper assets, not looking at Cobre PanamaMarch 11, 2024 | afr.comFortescue says hydrogen hopes rest on a halving of power pricesMarch 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 RivalsFebruary 22, 2024 | barrons.comHigh Ore Prices Boost Mining Giant Fortescue's EarningsFebruary 21, 2024 | financialpost.comFortescue's First-Half Profit Jumps 41%, Beating EstimatesSee 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 Dividend3/01/2024Dividend Payable4/03/2024Today5/02/2024Fiscal 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 RatioN/A Current RatioN/A Quick RatioN/A Sales & Book Value Annual Sales$16.87 billion Price / SalesN/A Cash Flow$4.95 per share Price / Cash Flow6.65 Book Value$11.27 per share Price / Book2.92Miscellaneous Outstanding SharesN/AFree FloatN/AMarket CapN/A OptionableNot Optionable Beta1.07 Social Links 7 Stocks That Could Be Bigger Than Tesla, Nvidia, and GoogleGrowth stocks offer a lot of bang for your buck, and we've got the next upcoming superstars to strongly consider for your portfolio.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: $3.36MDr. 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:AMLMCompañía de Minas Buenaventura S.A.A.NYSE:BVNDakota Territory ResourceOTCMKTS:DTRCEndurance Exploration GroupOTCMKTS:EXPLView All Competitors Should I Buy Fortescue Stock? FSUGY Pros and Cons Explained Pros Here are some ways that investors could benefit from investing in Fortescue Metals Group Limited: Fortescue recently diversified its portfolio by acquiring 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 focusing on green energy and green hydrogen production, including derivatives like green ammonia, aligning with the global shift towards sustainable practices and potentially attracting environmentally conscious investors. Fortescue's strategic mining operations in Australia, China, and internationally provide geographic diversification, reducing risks associated with operating in a single region. With the development of the Eliwana mine in Western Australia, Fortescue is enhancing its production capacity, potentially leading to increased revenue streams and profitability. Considering the recent stock price movements and market trends, Fortescue's stock may present a favorable entry point for investors looking to capitalize on potential future growth. Cons Investors should be bearish about investing in Fortescue Metals Group Limited for these reasons: Volatility in commodity prices, especially in the iron ore market, could impact Fortescue's financial performance and stock price, leading to potential investment risks. Regulatory changes in the mining industry, environmental policies, or geopolitical factors may pose challenges to Fortescue's operations and profitability. Dependency on the demand for iron ore and other minerals exposes Fortescue to market fluctuations, making the company susceptible to economic downturns or shifts in global trade dynamics. Investors should carefully assess the competitive landscape in the mining sector and evaluate Fortescue's position relative to other industry players to gauge its long-term growth potential. Considering the inherent risks associated with investing in the mining sector, investors should conduct thorough due diligence and risk assessment before committing capital to Fortescue Metals Group Limited. These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Saturday, April 13, 2024. Please send any questions or comments about these Fortescue pros and cons to contact@marketbeat.com. FSUGY Stock Analysis - Frequently Asked Questions Should I buy or sell Fortescue stock right now? 2 Wall Street 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 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 16.1% and is now trading at $32.94. View the best growth stocks for 2024 here. Are investors shorting Fortescue? Fortescue saw a increase in short interest in the month of April. As of April 15th, there was short interest totaling 12,600 shares, an increase of 186.4% from the March 31st total of 4,400 shares. Based on an average daily trading volume, of 92,600 shares, the days-to-cover ratio is currently 0.1 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. Shareholders of record on Monday, March 4th will be paid a dividend of $1.3952 per share on Wednesday, April 3rd. This represents a dividend yield of 7.34%. The ex-dividend date is Friday, March 1st. This is a boost 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 $2.77 per share and currently has a dividend yield of 8.31%. 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 5/2/2024 by MarketBeat.com Staff From Our PartnersBiden to Launch “FedNOW” [Move Your Money Now]Priority GoldAI finds its first serious applicationWall Street StarHealthcare Takes A Big Step Forward With The Help Of AIThe Bull ReportHave You Seen Elon’s New A.I. Device? 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