Fortescue Metals Ownership
FSUGY Stock | USD 24.24 0.57 2.41% |
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Fortescue |
Fortescue OTC Stock Ownership Analysis
The book value of the company was currently reported as 11.27. The company last dividend was issued on the 8th of September 2022. Fortescue Metals Group Limited engages in the exploration, development, production, processing, and sale of iron ore in Australia, China, and internationally. Fortescue Metals Group Limited was incorporated in 1983 and is headquartered in East Perth, Australia. Fortescue Metal operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.The quote for Fortescue Metals Group is listed on Over The Counter exchange (i.e., OTC), and the entity is not required to meet listing requirements such as those found on the Nasdaq, NYSE, or AMEX exchanges. To learn more about Fortescue Metals Group call the company at 61 8 6218 8888 or check out https://www.fmgl.com.au.Fortescue Metals Outstanding Bonds
Fortescue Metals issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Fortescue Metals uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Fortescue bonds can be classified according to their maturity, which is the date when Fortescue Metals Group has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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