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Are you looking to buy Fortescue Metals Group stocks? Chech our Reportlab with an in-depth review, check prices, statistics and see if buying this stock is interesting right now. This article will help you buy OTC:FSUGY! and analyze the company to see if this stock might be an interesting option to invest in. We will enlighten you about Fortescue Metals Group stocks and how to buy and use them. Click on the button to start reading the review right now or scroll down for real time statistics about this company.
Fortescue Metals Group Limited engages in the exploration, development, production, processing, and sale of iron ore in Australia, China, and internationally. It also explores for copper and gold deposits. 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 and Kings Valley mines located in the Hamersley ranges of Pilbara, Western Australia. It is also developing the Eliwana mine situated in the Pilbara region of Western Australia. In addition, the company holds a portfolio of properties situated in Ecuador and Argentina. Further, it provides port towage services. Fortescue Metals Group Limited was founded in 2003 and is headquartered in East Perth, Australia.
Average volume
42,950 shs
MARKET CAP
$54.93 billion
Stock exchange
OTCMKTS
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OTCMKTS:FSUGY
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Metal mining
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66,078 shs
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Below is a quick guide on how to buy OTC:FSUGY stocks safe, fast and around the world in less than five minutes.
Step 1: Open an account with eToro – eToro is the best broker to buy Fortescue Metals Group shares in the world as you won’t pay any commissions. To do this, visit the eToro website and open an account, it is 100% safe and they offer a huge amount of stocks.
Step 2: Upload your ID – As per KYC regulations eToro will ask you to upload a copy of your passport or driver’s license.
Step 3: Deposit Funds – Deposit some money into your newly created eToro account. You can choose between wire transfer, e-wallet or debit/credit card or Paypal.
Step 4: Buy Fortescue Metals Group – Search for “”OTC:FSUGY”” and click on the “”Trade”” button. Enter the total amount of your investment (minimum $50) and confirm the order by clicking the “”Open Trade”” button. And that’s it: you have just bought Fortescue Metals Group stocks with 0% commission!.
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6 Wall Street analysts have issued “buy,” “hold,” and “sell” ratings for Fortescue Metals Group in the last twelve months. There are currently 3 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should “buy” Fortescue Metals Group stock.
Wall Street analysts have given Fortescue Metals Group a “Buy” rating, but there may be better short-term opportunities in the market. Some of Reportlab’s past winning trading ideas have resulted in 5-15% weekly gains. Reportlab just released five new trading ideas, but Fortescue Metals Group wasn’t one of them. Reportlab thinks five stocks may be even better buys in the how to buy stocks guide.
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It can be difficult to navigate through all the outdated and incorrect information related to purchasing OTC:FSUGY stocks. We believe that stocks should be accessible for all, which is why we’ve created this handy guide on where to buy Fortescue Metals Group stocks with a step by step approach.
You’ll need to register with a broker, in these times you can’t go without once and it’s crucial to use a regulated broker that’s allowed to operate there, otherwise, you risk losing funds. eToro is one such broker, and one of the best brokers to buy Fortescue Metals Group stocks with 0% comission, to sign up just click on open account in the following table or compare other options.
Because eToro is a regulated platform, you’ll need to complete the KYC process, this is standard practice and only takes a couple of minutes. You’ll need to provide a photo ID (passport, driving licence) and proof of address (utility bill, bank statement).
Once you’ve signed up and verified your account, you’ll need to deposit funds. eToro accepts credit/debit cards, bank transfers, and also e-wallets. So whatever your preference there will be something for you.
Now that you’ve funded your eToro account, just type “OTC:FSUGY stocks” into the search bar at the top of the screen and press “trade”.
All that’s left is to buy some OTC:FSUGY stock. Simply enter the amount you want to purchase and hit the “buy” button. The amount you bought will be automatically credited to your account where you can monitor its performance.
All in all, OTC:FSUGY is an incredibly interesting company that has the potential to solve some major issues in the business space. After reading this guide you should know how to buy this investment using the best broker or platform. We recommend eToro to anyone looking for a regulated, easy-to-use, fully-featured broker to buy Fortescue Metals Group stocks. As with any broker or online platform, it’s crucial you set up 2FA when using their tools as it ensures your funds are completely safe.
Fortescue Metals Group’s stock was trading at $11.85 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, FSUGY shares have increased by 201.1% and is now trading at $35.68.
Fortescue Metals Group announced a Semi-Annual dividend on Monday, August 24th. Stockholders of record on Friday, September 4th will be paid a dividend of $1.413 per share on Friday, October 9th. The ex-dividend date of this dividend is Thursday, September 3rd. This is a positive change from Fortescue Metals Group’s previous Semi-Annual dividend of $1.01.
View Fortescue Metals Group’s dividend history.
Fortescue Metals Group pays an annual dividend of $2.81 per share and currently has a dividend yield of 7.88%. FSUGY has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio of Fortescue Metals Group is 91.83%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, Fortescue Metals Group will have a dividend payout ratio of 65.65% next year. This indicates that Fortescue Metals Group will be able to sustain or increase its dividend.
View Fortescue Metals Group’s dividend history.
Fortescue Metals Group saw a increase in short interest in the month of January. As of January 15th, there was short interest totaling 220,300 shares, an increase of 29.1% from the December 31st total of 170,700 shares. Based on an average daily volume of 58,400 shares, the short-interest ratio is presently 3.8 days.
View Fortescue Metals Group’s Short Interest.
Launched in 2006, eToro is, in our opinion, without a doubt the best broker for buying OTC:FSUGY stocks in the world. The onboarding process is simple, it’s designed to make sure even those new to the stock market are ready to start investing the shortest amount of time possible. As a regulated platform you gain several benefits, most importantly, you know they’re not going to run off with your hard-earned money./
Over 95% of client funds are kept offline, in cold storage, which is crucial for any broker that manages your assets. Regardless of how secure a platform is meant to be, we recommend using 2FA to add an additional layer of security to your account.
eToro offers users a range of features to start investing as quickly as possible. They have a relatively unique feature called copy trading, which lets you earn a passive income by mirroring experienced traders, this allows you to start earning profit quickly, and gives you a better understanding of the strategies used by professionals. Additionally, eToro allows users to invest in managed portfolios, a managed portfolio being a variety of similar assets grouped together, allowing you to diversify your account, reducing any potential risk. For those with previous trading experience, you can invest in markets outside of stocks, as eToro allows users to trade ETFs, commodities, crypto and indices. If you already invest outside of the stock market space this can be very useful, as it allows you to manage all your investments in just one place.
Fortescue Metals Group’s management team includes the following people:
Ms. Elizabeth Anne Gaines, CEO, MD & Exec. Director (Age 57)
Mr. Ian Wells, Chief Financial Officer
Mr. Greg S. Lilleyman, Chief Operating Officer (Age 54)
Ms. Julie Shuttleworth, Deputy Chief Exec. Officer
Dr. John Andrew Henry Forrest A.O., AO, BA, FAusIMM, AICD, Founder & Chairman (Age 59)
Mr. Andrew Driscoll, Gen. Mang. of Investor Relations
Mr. Peter Ernest Huston L.L.B., L.L.M., B. Juris, LLB (Hons), B.Com., LLM, Director Corp. Devel.-Legal & Strategy
Mr. Danny Goeman, Director of Sales & Marketing
Ms. Linda O’Farrell, Director of Fortescue People
Mr. Eamon Harmon, Gen. Mang. of Exploration
Some companies that are related to Fortescue Metals Group include BHP Group (BHP), Rio Tinto Group (RIO), Vale (VALE), Southern Copper (SCCO), Public Joint Stock Company Mining and Metallurgical Company Norilsk Nickel (NILSY), Anglo American (NGLOY), Freeport-McMoRan (FCX), First Quantum Minerals (FQVLF), Impala Platinum (IMPUY), South32 (SOUHY), Lundin Mining (LUNMF), Cleveland-Cliffs (CLF), Exxaro Resources (EXXAY), Compañía de Minas Buenaventura S.A.A. (BVN) and Turquoise Hill Resources (TRQ).
View all of FSUGY’s competitors.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
Fortescue Metals Group trades on the OTCMKTS under the ticker symbol “FSUGY.”
Shares of FSUGY can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
One share of FSUGY stock can currently be purchased for approximately $35.68.
Fortescue Metals Group has a market capitalization of $54.93 billion and generates $12.82 billion in revenue each year. The company earns $4.74 billion in net income (profit) each year or $3.06 on an earnings per share basis.
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Fortescue Metals Group employs 14,000 workers across the globe.
Fortescue Metals Group was founded in 2003.
The official website for Fortescue Metals Group is www.fmgl.com.au.
Fortescue Metals Group is headquartered at Level 2 87 Adelaide Terrace, East Perth C3, 6004.
Fortescue Metals Group’s mailing address is Level 2 87 Adelaide Terrace, East Perth C3, 6004. The company can be reached via phone at 61-8-6218-8888 or via email at investorrelations@fmgl.com
At reportlab we want to help you with a detailed stock analysis, we want to remind you that the data provided on this website is not necessarily entirely current or accurate. The data and quotes on the website are not always provided by a market or exchange, but may also come from market makers. Therefore, the quotes may not be accurate and may differ from the actual price on a market. They are indicative quotes and are not suitable for trading purposes.
At Reportlab.org we want to make sure that you have all the most relevant information about buying stocks. We bring you the best guides about the stock market with personal reviews, background information, platform reviews, how to’s and more. Want to get other information? Then check out the OTC stocks, NASDAQ stocks, NYSE stocks, LON stocks, FRA stocks, ETR stocks, EPA stocks, TSX stocks or Amex stocks. Looking for more detailed info like 5g stocks, biotech stocks, gold stocks and other information out of our reportlab.
How to buy Fortescue Metals Group stock?
The safest and easiest way to buy OTC:FSUGY stocks is by using a regulated broker like eToro or DEGiro. You can open an account with the platform, make a deposit and buy this stock in under 5 minutes from start to finish.
Opening an account with one of these brokers is a smart move, they have been active for more then 10 years, are very safe to use and they have the best platform for novice and experienced traders. If you want to learn more then we suggest you to read our eToro or DeGiro guides.
Where to buy Fortescue Metals Group stock?
You will first want to find a licensed broker that supports OTC:FSUGY stock. One of our favourite brokers, eToro for example, allows you to make investments into this asset from just $25 and only charges you the spread. Another option is using a regulated broker like DEGIRO or Interactive Brokers. You can open an account with these brokers and start buying or trading OTC:FSUGY stocks in a safe and complete environment.
Is OTC:FSUGY stock a good investment?
As with any other asset, there is an element of risk associated with buying OTC:FSUGY stocks. Therefore, you will want to study the market and make a decision based on your financial standing and the risk you are willing to take.
Is Fortescue Metals Group stock safe to invest in?
All stocks are volatile, or affected by market circumstances. The case with OTC:FSUGY is no different, with its price fluctuating dramatically within short periods. As such, if the market goes against you, then you will end up facing a loss. We advice you to do research first before investing in Fortescue Metals Group stock.
How do you trade Fortescue Metals Group stocks?
You can trade stocks by first opening an account with a regulated platform and making a deposit in US dollars, EUROs or other currency. Next, search for Fortescue Metals Group stock and choose from a buy or sell order – depending on whether you think the stock asset will rise or fall in value. If you speculated on OTC:FSUGY stocks correctly, you will have made a profit. The size of your trading profit will ultimately be determined by your stake and at what percentage your position grew.
How to sell Fortescue Metals Group stock?
To sell your OTC:FSUGY stocks investment, you can sign in to your broker account and cash out directly from within your portfolio. If you have stored the stocks elsewhere, you will first have to transfer them to a third-party provider or broker to cash out.
What is the best Fortescue Metals Group stock trading platform?
eToro, is a top-rated platform for beginners, albeit, it charges significantly lower fees. For example, there are no fees to deposit with a debit/credit card and you only need to cover the spread when trading OTC:FSUGY stock.
Stephen knows a lot about financial products and in particular has a great passion for the stock markets and its participants. We hope that the information provided will help you. Something not quite clear? Please leave your questions or comments at the bottom of the page.
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