Fortescue Metals Group Limited (ASX:FMG) insider John (Andrew) Forrest acquired 30,058,660 shares of Fortescue Metals Group stock in a transaction on Friday, November 30th. The stock was purchased at an average cost of A$3.91 ($2.77) per share, for a total transaction of A$117,589,477.92 ($83,396,792.85).

John (Andrew) Forrest also recently made the following trade(s):

  • On Wednesday, November 21st, John (Andrew) Forrest acquired 5,877,306 shares of Fortescue Metals Group stock. The stock was purchased at an average cost of A$3.95 ($2.80) per share, for a total transaction of A$23,191,849.48 ($16,448,120.20).
  • On Friday, October 26th, John (Andrew) Forrest acquired 3,951,981 shares of Fortescue Metals Group stock. The stock was purchased at an average cost of A$3.80 ($2.69) per share, for a total transaction of A$15,005,671.86 ($10,642,320.47).

ASX FMG opened at A$4.07 ($2.89) on Friday. The company has a current ratio of 1.33, a quick ratio of 0.86 and a debt-to-equity ratio of 40.85. Fortescue Metals Group Limited has a fifty-two week low of A$4.52 ($3.21) and a fifty-two week high of A$6.83 ($4.84).

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About Fortescue Metals Group

Fortescue Metals Group Limited engages in the exploration, development, production, processing, and sale of iron ore in Australia, China, and internationally. 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.

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Insider Buying and Selling by Quarter for Fortescue Metals Group (ASX:FMG)

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