Fortescue (OTCMKTS:FSUMF) Stock Passes Below 200-Day Moving Average of $17.49

Fortescue Ltd (OTCMKTS:FSUMFGet Free Report)’s share price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $17.49 and traded as low as $14.18. Fortescue shares last traded at $14.55, with a volume of 36,865 shares traded.

Fortescue Stock Up 0.1 %

The firm has a fifty day moving average price of $16.73 and a 200-day moving average price of $17.45.

About Fortescue

(Get Free Report)

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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