Freeport-McMoRan Inc. (TSX:FCXS)

Canada flag Canada · Delayed Price · Currency is CAD
21.45
-0.46 (-2.10%)
At close: Jul 23, 2026
Market Cap128.64B +43.5%
Revenue (ttm)36.74B +0.2%
Net Income4.17B +53.1%
EPS2.90 +53.6%
Shares Out n/a
PE Ratio30.83
Forward PE28.41
Dividend0.05 (0.24%)
Ex-Dividend DateJul 15, 2026
Volume14,128
Open21.63
Previous Close21.91
Day's Range21.06 - 22.08
52-Week Range19.00 - 24.47
Betan/a
Analystsn/a
Price Targetn/a
Earnings DateJul 23, 2026

About Freeport-McMoRan

Freeport-McMoRan Inc. engages in the mining of mineral properties in North America, South America, and Indonesia. The company primarily explores for copper, gold, molybdenum, silver, and other metals. Its assets include the Grasberg minerals district in Indonesia; Morenci, Bagdad, Safford, Sierrita, and Miami in Arizona; Chino and Tyrone in New Mexico; and Henderson and Climax in Colorado, North America, as well as Cerro Verde in Peru and El Abra in Chile. The company was formerly known as Freeport-McMoRan Copper & Gold Inc. and changed its nam... [Read more]

Industry Metal Mining
Founded 1987
Employees 29,000
Stock Exchange Toronto Stock Exchange
Ticker Symbol FCXS

Financial Performance

In 2025, Freeport-McMoRan's revenue was $25.92 billion, an increase of 1.81% compared to the previous year's $25.46 billion. Earnings were $2.20 billion, an increase of 16.68%.

Financial numbers in USD Financial Statements

News

Freeport-McMoRan price target raised to $73 from $70 at RBC Capital

RBC Capital raised the firm’s price target on Freeport-McMoRan (FCX) to $73 from $70 and keeps a Sector Perform rating on the shares. The company’s Q2 performance exceeded expectations and…

6 hours ago - TheFly

Freeport-McMoRan price target raised to $70 from $68 at Wells Fargo

Wells Fargo analyst Timna Tanners raised the firm’s price target on Freeport-McMoRan (FCX) to $70 from $68 and keeps an Overweight rating on the shares. The strong Q2 and evidence…

9 hours ago - TheFly

Freeport's gold business shines despite bullion's worst quarterly decline since 2013

Even as gold prices suffered their steepest quarterly decline in more than 13 years, the mining sector continues to set a brisk pace as earnings season kicks off with the world's largest copper produc...

23 hours ago - Kitco

Freeport-McMoRan reiterates financial priorities

Says balance sheet is ‘solid’. Says has no significant debt maturities in 2026.

1 day ago - TheFly

Freeport-McMoRan says ‘entering a period of growth’ in Americas business

Says entering ‘period of growth’ in Americas business. Says studies are continuing in Safford/Lone Star district. Says ‘continues to progress’ Kucing Liar project.

1 day ago - TheFly

Freeport-McMoRan says ‘best lies ahead’

Says as the world continues to electrify, it will need copper. Says positioned ‘exceptionally well’. Says Grasberg team ‘continues to execute exceptionally well’. Says ‘proud of demonstrable progress’...

1 day ago - TheFly

Freeport-McMoRan Earnings Call Transcript: Q2 2026

Q2 2026 saw strong operational and financial performance, with U.S. operations driving a 65% increase in net income year-over-year and significant progress at Grasberg. The company is advancing major growth projects, maintaining a robust balance sheet, and expects higher sales and cash flows in the second half of 2026 and beyond.

1 day ago - Transcripts

Freeport-McMoRan Earnings release: Q2 2026

Freeport-McMoRan released its Q2 2026 earnings on July 23, 2026, summarizing the period's financial results.

1 day ago - Filings

Freeport-McMoRan Slides: Q2 2026

Freeport-McMoRan has posted slides in relation to its Q2 2026 quarterly earnings report, which was published on July 23, 2026.

1 day ago - Filings

Freeport-McMoRan Earnings Beat Estimates on Rising Copper Prices

The copper miner posted better-than-expected earnings as favorable prices boosted the copper mining giant's financials.

1 day ago - Barrons

Freeport-McMoRan says Grasberg Block Cave ramp-up progressing on schedule

Says Grasberg Block Cave ramp-up met expectations and is progressing on schedule. Says advanced organic copper growth: innovative leach and technology initiatives and brownfield expansion progressing....

1 day ago - TheFly

Freeport-McMoRan sees Q3 copper sales 750M lbs

Sees Q4 copper sales 940M lbs. Sees Q3 gold sales 160K oz., Q4 gold sales 250K oz. Sees Q3 Moly sales 22M lbs., Q4 Moly sales 22M lbs. Published first…

1 day ago - TheFly

Freeport-McMoRan reaffirms FY26 focus areas

The company said, “Execution: Deliver on operating plans across all sites and safely and sustainably restore Grasberg mining and smelting operations. Leach Initiative: Targeting annual run rate of 300...

1 day ago - TheFly

Freeport-McMoRan sees FY26 copper sales 3.1B lbs.

Sees 2027 copper sales 3.8B lbs and 2028 copper sales 4.1B lbs. Sees 2026 gold sales 0.65M ozs., 2027 gold sales 1M ozs and 2028 gold sales 1.2M oz. Sees…

1 day ago - TheFly

Freeport-McMoRan reports Q2 adjusted EPS 74c, consensus 62c

Reports Q2 revenue $7.03B, consensus $6.75B. Consolidated production totaled 786 million pounds of copper, 192 thousand ounces of gold and 23 million pounds of molybdenum in second-quarter 2026. Kathl...

1 day ago - TheFly

Freeport-McMoRan sees FY26 CapEx $4.3B

Consolidated sales totaled 710 million pounds of copper, 123 thousand ounces of gold and 25 million pounds of molybdenum in second-quarter 2026. Consolidated sales are expected to approximate 3.1 bill...

1 day ago - TheFly

Freeport Second-Quarter and Six-Month 2026 Financial and Operating Results Release Available on Its Website

PHOENIX--(BUSINESS WIRE)--Freeport (NYSE: FCX) today announced that it has posted its second-quarter and six-month 2026 financial and operating results press release on the Investor Relations page of ...

1 day ago - Business Wire

Freeport-McMoRan price target raised to $80 from $77 at Barclays

Barclays raised the firm’s price target on Freeport-McMoRan (FCX) to $80 from $77 and keeps an Overweight rating on the shares. The firm adjusted targets in the metals and mining…

9 days ago - TheFly

Freeport Declares Quarterly Cash Dividends on Common Stock

PHOENIX--(BUSINESS WIRE)--Freeport (NYSE: FCX) announced today that its Board of Directors declared cash dividends of $0.15 per share on FCX's common stock payable on August 3, 2026, to shareholders o...

4 weeks ago - Business Wire

Freeport-McMoRan Transcript: AGM 2026

The meeting highlighted strong financial performance, ongoing capital returns, and strategic growth initiatives, including a new agreement in Indonesia and recovery efforts at the Grasberg mine. All voting items passed, and no shareholder questions were raised.

6 weeks ago - Transcripts

These stocks fell the most Friday as Big Tech took a dive

Chip makers dominated the list of the day's biggest losers among the S&P 500.

6 weeks ago - Market Watch

Max Enters Debt and Option Agreements with Bolt Metals for Its Florália High-Purity Iron Property in Brazil

Vancouver, British Columbia--(Newsfile Corp. - May 13, 2026) - MAX RESOURCE CORP. (TSXV: MAX) ("Max" or the "Company") is pleased to announce that, further to the letter of intent dated October 23, 20...

2 months ago - Newsfile Corp

Copper prices are now at their highest level on record. AI is only part of the story.

Copper refining now has a Strait of Hormuz problem.

2 months ago - Market Watch

Freeport-McMoRan Transcript: Bank of America Global Metals, Mining and Steel Conference 2026

Copper demand is increasingly driven by electrification and technology, with supply growth challenged by technical complexity and disruptions. Operational focus is on brownfield expansions, innovation in leach technology, and cost reduction, while a new MoU extends key asset lifespans for long-term planning.

2 months ago - Transcripts

Copper Goes Ballistic As A Shortage Meets An Outage

Copper is trading at an all-time high of $6.44 a pound and could go a lot higher as the effects of a supply squeeze and the Iran war are supercharged by stockpiling and mine closures.

2 months ago - Forbes