Freeport-McMoRan Inc. (FCX)
| Market Cap | 62.79B |
| Revenue (ttm) | 25.64B |
| Net Income (ttm) | 2.00B |
| Shares Out | 1.44B |
| EPS (ttm) | 1.38 |
| PE Ratio | 31.66 |
| Forward PE | 24.14 |
| Dividend | $0.60 (1.37%) |
| Ex-Dividend Date | Oct 15, 2024 |
| Volume | 6,984,695 |
| Open | 44.00 |
| Previous Close | 44.12 |
| Day's Range | 43.41 - 44.15 |
| 52-Week Range | 36.04 - 55.24 |
| Beta | 1.91 |
| Analysts | Buy |
| Price Target | 54.50 (+24.71%) |
| Earnings Date | Oct 22, 2024 |
About FCX
Freeport-McMoRan Inc. engages in the mining of mineral properties in North America, South America, and Indonesia. It primarily explores for copper, gold, molybdenum, silver, and other metals. The company’s 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 na... [Read more]
Financial Performance
In 2023, Freeport-McMoRan's revenue was $22.86 billion, an increase of 0.33% compared to the previous year's $22.78 billion. Earnings were $1.84 billion, a decrease of -46.78%.
Financial StatementsAnalyst Forecast
According to 10 analysts, the average rating for FCX stock is "Buy." The 12-month stock price forecast is $54.5, which is an increase of 24.71% from the latest price.
News
Final Trades: Starbucks, Freeport-McMoran, Constellation Energy and the XLU
The Investment Committee give you their top stocks to watch for the second half.
Gold At Record High: Why Isn't FCX Stock Following Suite?
Freeport-McMoRan (NYSE: FCX), one of the largest producers of copper, has seen its stock underperform over the last month, falling by 8% compared to the S&P 500 which was up 1%. Does this come as a su...
Freeport-McMoRan: Good Value Proposition If You Know What You Are Buying
Leaching production provided efficiency gains at the expense of lower copper production. Milling inefficiency in the US was offset by full-capacity operations in South America and excellent low-cost m...
Freeport-McMoRan Q3 Earnings: The Market Is Not Impressed
Freeport-McMoRan's share price and trading volumes were not influenced by the recent earnings release. Some progress is being made on expansion projects and cost structure, but market participants hav...
Freeport-McMoRan Inc. (FCX) Q3 2024 Earnings Call Transcript
Freeport-McMoRan Inc. (NYSE:FCX) Q3 2024 Earnings Conference Call October 22, 2024 10:00 AM ET Company Participants David Joint - Vice President, Investor Relations Richard Adkerson - Chairman Kathle...
Freeport Third-Quarter and Nine-Month 2024 Financial and Operating Results Release Available on Its Website
PHOENIX--(BUSINESS WIRE)--Freeport (NYSE: FCX) today announced that it has posted its third-quarter and nine-month 2024 financial and operating results press release on the Investor Relations page of ...
Teck Resources Vs. Freeport-McMoRan: China Stimulus Boost Or Trump Tariff Blues?
The copper market is caught between a stimulus-fueled surge and the looming specter of Trump 2.0 tariffs.
Max Resource Announces Closing of Transaction to Purchase 100% of the Florália Hematite Iron Ore Project in Brazil
Vancouver, British Columbia--(Newsfile Corp. - October 11, 2024) - MAX RESOURCE CORP. (TSXV: MAX) (OTC Pink: MXROF) (FSE: M1D2) ("Max" or the "Company") is pleased to announce that, further to its new...
The Big 3: FCX, EXC & VALE
Materials and Utilities take the focus of today's Big 3. Alan Knuckman breaks down the technical trends of Freeport-McMoRan (FCX), Exelon (EXC), and Vale SA (VALE) with Rick Ducat and Nicole Petallide...
Mining Stocks Sink on Disappointment with Latest China Stimulus
Shares of Freeport-McMoRan (FCX) and other miners tumbled Tuesday, along with the prices of key metals, after China announced economic measures that fell short of a much-anticipated added stimulus pac...
Final Trades: PDD Holdings, Freeport-McMoran, JetBlue & Uber
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Freeport-McMoRan: China Stimulus Is A Big Deal
Freeport-McMoRan's shares remain stable due to strong long-term copper demand, driven by China's economic recovery and AI-driven infrastructure projects. China's aggressive stimulus measures and focus...
US-Listed Casino and Copper Stocks Surge Following Chinese Stimulus Measures
Since China launched a series of stimulus measures, US-listed casino and copper stocks have performed exceptionally well. A research company is suggesting investors consider buying these stocks.
Focus: Freeport cranks up copper output as rivals scour for deals to grow
Freeport-McMoRan is turbo-charging its copper output across three continents with no plans to join a buyout frenzy sweeping the mining industry, a strategy that analysts say positions the company well...
Trade School: China exposure
Stephanie Link, CIO at Hightower, joins CNBC's "Halftime Report" to break down the China Trade and share some of the moves she's making in her portfolio.
China stimulus: top 3 commodities stocks to consider
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Top 4 Materials Stocks That May Implode In Q3
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Copper Loves the Fed Cut. 6 Sleeper Stocks to Play Catch-Up.
It might be too late for mining stocks, but there are other buys out there linked to the metal.And they have room to run.
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 November 1, 2024, to shareholders...
S&P 500 Gains and Losses Today: Economic Stimulus Boosts China-Facing Stocks
Major U.S. equities indexes ticked higher on Tuesday, shaking off a report that revealed a steeper-than-expected drop in consumer confidence this month.
Freeport-McMoRan Stock Soars as Copper and Gold Prices Rise
Freeport-McMoRan (FCX) shares surged on Tuesday amid an increase in the prices of copper and gold, two of the main commodities produced by the mining giant.
This Mining Stock Is S&P 500's Best Performer. Thank China Stimulus.
Shares of miner Freeport-McMoRan are on track for their largest percent increase in nearly two years.
Trade Tracker: Kevin Simpson buys more Freeport-McMoran
Kevin Simpson, Capital Wealth Planning founder and CIO, joins CNBC's "Halftime Report" to explain why he's buying more of the heavy metals miner.
Calls of the Day: Cisco Systems, Visa, Booking Holdings, Freeport-McMoRan and Star Bulk Carrier
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Cramer's Stop Trading: Freeport-McMoRan
CNBC's Jim Cramer explains why he is keeping an eye on shares of Freeport-McMoRan.