Fortescue Ltd (ASX:FMG) Insider Acquires A$55,499.27 in Stock
by Amy Steele · The Cerbat GemFortescue Ltd (ASX:FMG – Get Free Report) insider Penelope (Penny) Bingham-Hall purchased 3,364 shares of the business’s stock in a transaction that occurred on Friday, September 27th. The stock was bought at an average cost of A$16.50 ($11.38) per share, for a total transaction of A$55,499.27 ($38,275.36).
Fortescue Price Performance
The company has a debt-to-equity ratio of 27.65, a quick ratio of 2.36 and a current ratio of 2.67.
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 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.
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