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FSUGY – fortescue metal grp s/adr (US:NASDAQ)

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Fortescue (OTCMKTS:FSUGY) was downgraded by analysts at Jefferies Financial Group Inc. from a "hold" rating to an "underperform" rating.

Ecora Resources PLC Announces Cañariaco Project Update [Yahoo! Finance]

Fortescue to Acquire Alta Copper for C$1.40 per Share [Yahoo! Finance]

Institutional investors are Fortescue Ltd's (ASX:FMG) biggest bettors and were rewarded after last week's AU$2.7b market cap gain [Yahoo! Finance]

Mining Firm Backs Green Shipping in spite of U.S. Opposition at COP 30 [Forbes]

Top News Gainers

3/10 FORTESCUE METAL/S (OTCMKTS: FSUGY) was upgraded by analysts at JPMorgan Chase & Co. from a "neutral" rating to an "overweight" rating. 13.4%

4/6 CANADA STOCKS-TSX futures rise on coronavirus slowdown hopes [Reuters] 9.5%

8/13 FORTESCUE METAL/S (OTCMKTS: FSUGY) was upgraded by analysts at Goldman Sachs Group Inc from a "neutral" rating to a "buy" rating. 7.3%

6/18 FORTESCUE METAL/S (OTCMKTS: FSUGY) was upgraded by analysts at Zacks Investment Research from a "hold" rating to a "strong-buy" rating. They now have a $14.00 price target on the stock. 5.1%

2/4 Fortescue Announces Commencement of Consent Solicitation with Respect to its 4.750% Senior Notes due 2022, 5.125% Senior Notes due 2023, 5.125% Senior Notes due 2024 and 4.500% Senior Notes due 2027 5.0%

5/17 Steel Production Record Reached In China, Helping Drive Iron Ore Closer To $100 A Ton [Forbes] 4.2%

8/6 FORTESCUE METAL/S (OTCMKTS: FSUGY) was downgraded by analysts at Jefferies Financial Group Inc from a "buy" rating to a "hold" rating. 4.0%

12/1 Do You Know What Fortescue Metals Group Limited's (ASX:FMG) P/E Ratio Means? [Yahoo! Finance News] 3.8%

1/20 Australia shares extend gains; miners shine on metal prices [Reuters] 3.6%

4/28 Australia to ramp up coronavirus testing with millions of new kits [Reuters (UK)] 3.4%

Top News Decliners

7/24 Australia's Fortescue Metals sees higher 2020 shipments, costs [Reuters] -5.4%

9/23 FORTESCUE METAL/S (OTCMKTS: FSUGY) was downgraded by analysts at Morgan Stanley from an "equal weight" rating to an "underweight" rating. -4.4%

10/1 FORTESCUE METAL/S (OTCMKTS: FSUGY) was downgraded by analysts at Credit Suisse Group AG from a "neutral" rating to an "underperform" rating. -3.4%

8/25 Australia's Fortescue triples profit on soaring iron ore prices, hikes dividend [Reuters] -3.0%

5/12 Australia's export billions go missing, statisticians suspected [Reuters] -2.5%

11/12 FORTESCUE METAL/S (OTCMKTS: FSUGY) was upgraded by analysts at Zacks Investment Research from a "hold" rating to a "strong-buy" rating. They now have a $15.00 price target on the stock. -2.1%

8/14 FORTESCUE METAL/S (OTCMKTS: FSUGY) was downgraded by analysts at Zacks Investment Research from a "strong-buy" rating to a "hold" rating. -2.0%

1/9 Forrest Pledges USD$50 Million for Fire Relief [Canadian Business Journal (Canada)] -2.0%

5/21 Fortescue Metals Group Says Co Approves Development Of Queens Valley Mining Area, Solomon Hub [Reuters] -1.6%

4/29 Upbeat virus treatment view, oil jump lift Australian shares [Reuters] -1.6%

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