Fortescue Ltd (ASX:FMG) Insider Larry Marshall Buys 3,800 Shares

Fortescue Ltd (ASX:FMG) insider Larry Marshall bought 3,800 shares of the stock in a transaction on Thursday, September 5th. The stock was bought at an average price of A$15.95 ($10.63) per share, for a total transaction of A$60,606.20 ($40,404.13).

Fortescue Stock Performance

The company has a quick ratio of 2.36, a current ratio of 2.67 and a debt-to-equity ratio of 27.65.

Fortescue Company Profile

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.