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Why the Fortescue (ASX:FMG) share price is storming higher today – The Motley Fool Australia
The Fortescue Metals Group Limited (ASX:FMG) share price is storming higher again on Monday. Here’s why its shares are strong performers today…
The Fortescue Metals Group Limited(ASX: FMG) share price has started the week strongly.
In afternoon trade the iron ore producer’s shares are up 5% to $25.51.
This latest gain means the Fortescue share price is now up 120% since this time last year.
Why is the Fortescue share price charging higher today?
Investors have been buying Fortescue shares on Monday after a leading broker responded positively to its update at the end of last week.
That update revealed that Fortescue has been benefiting greatly…
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