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

Fortescue Ltd (ASX:FMGGet Free Report) 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

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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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