Fortescue Ltd higher Wednesday, outperforms the Materials sector

Here is the latest company close update for Fortescue Ltd, FMG.

Shares of Fortescue Ltd (FMG) opened at $18.2 this morning.

The company inched 0.83% to close at $18.29 yesterday.

The Materials (XMJ) industry slid 0.73% to close at 16627.4.

Fortescue Ltd closed $11.19 short of its 52-week high ($29.48), which the company achieved on Tuesday, January 02.

The stock outperformed some of its competitors Wednesday, as BHP Group Ltd (BHP), fell 0.86% to $40.55 and Rio Tinto Ltd (RIO), fell 3.3% to $113.66.

Trading volume of 9 million eclipsed its 30-day average volume of 7.9 million.

More Fortescue Ltd news and latest stock charts.

Editor's Note: This story was auto-generated by DataLocal, a division of News Corp Australia, using data from Morningstar, extracted at 5.01pm, Wednesday, November 13. See our market data terms of use.