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Fortescue Metals shares gunning for all-time highs

Fortescue’s all-time high was $13.15 in June 2008 and the stock has traded as high as $12.81 today.

Fortescue Metals Group -
The stock is up near 6% heading into the close today

Fortescue Metals Group (ASX:FMG) shares have tripled over the past 12 months, last trading at around $12.75 this afternoon, up 5.7% for the day.

Fortescue shares opened January 2019 at $4.18 and opened January 2020 at $10.66.

Not only is the share price performance impressive during 2019, but shares in the company are already up around 20% in 2020.

The chart below maps Fortescue’s daily price action going back to December 2018 - the last four days have been especially strong.

Quick facts: Fortescue Metals Group

Price: 11.07 AUD

ASX:FMG
Market: ASX
Market Cap: $34.08 billion
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