Fortescue Metals Group (OTCMKTS:FSUGY – Get Rating) was downgraded by Zacks Investment Research from a “buy” rating to a “sell” rating in a report released on Monday, Zacks.com reports. According to Zacks, “Fortescue Metals Group Ltd is engaged in the exploration and mining of iron ore properties. Its properties primarily include the Cloudbreak and Christmas […]
Fortescue Metals Group Limited (OTCMKTS:FSUGY – Get Rating) has been given an average rating of “Hold” by the six research firms that are currently covering the firm, Marketbeat reports. Three research analysts have rated the stock with a sell rating and three have assigned a hold rating to the company. The average 12 month target […]
Fortescue Metals Group Limited (OTCMKTS:FSUMF – Get Rating) was the recipient of a significant growth in short interest in the month of May. As of May 15th, there was short interest totalling 4,318,000 shares, a growth of 68.8% from the April 30th total of 2,558,000 shares. Based on an average daily trading volume, of 26,400 […]
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Fortescue Metals Group Limited (OTCMKTS:FSUGY – Get Rating) was the target of a large decrease in short interest in April. As of April 15th, there was short interest totalling 25,900 shares, a decrease of 37.4% from the March 31st total of 41,400 shares. Based on an average daily volume of 103,900 shares, the days-to-cover ratio […]