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Freeport-McMoRan: What to Expect in 2018

Freeport-McMoRan: What to Expect in 2018

So far, 2018 has been dismal for Freeport-McMoRan (FCX)—the leading US-based copper miner. Based on the closing prices on June 22, the stock has lost 13.0%. Southern Copper (SCCO) has lost 0.32%, while Teck Resources (TECK) has seen price action of -0.22%. BHP Billiton (BHP) and Rio Tinto (RIO) have fared better and are trading positive for the year.