FCX - Freeport-McMoRan Inc.
17.28 -0.07 (-0.40%)
After hours: 5:49PM EDT
| Previous Close | 17.17 |
| Open | 17.07 |
| Bid | 17.28 x 900 |
| Ask | 17.40 x 800 |
| Day's Range | 16.80 - 17.38 |
| 52 Week Range | 11.05 - 20.25 |
| Volume | 18,863,481 |
| Avg. Volume | 17,010,674 |
| Market Cap | 25.137B |
| Beta | 2.49 |
| PE Ratio (TTM) | 13.85 |
| EPS (TTM) | 1.25 |
| Earnings Date | Jul 23, 2018 - Jul 27, 2018 |
| Forward Dividend & Yield | 0.20 (1.20%) |
| Ex-Dividend Date | 2018-04-12 |
| 1y Target Est | 19.29 |
- Motley Fool•6 hours ago
Freeport-McMoRan Stock Upgraded: What You Need to Know
Rio Tinto's Indonesian exit sets an "attractive valuation marker" on Freeport.
- Market Realist•8 hours ago
Should Doctor Copper Be Thanking Xi-Trump Bonhomie?
Freeport-McMoRan Is Up ~13% in May: Can Hot Streak Continue? While commodities generally follow the underlying supply-demand dynamics in the long term, according to some observers, copper prices also tend to reflect macro developments. Copper has been dubbed as “doctor copper” because many market observers see copper prices as a reflection of the global economy.
- Market Realist•10 hours ago
Freeport-McMoRan Is Up ~13% in May: Can Hot Streak Continue?
Freeport-McMoRan (FCX), the leading US-based copper miner, is having a nice run in May. The stock has risen 12.9% so far this month based on May 22 closing prices. Thanks to the upwards price action this month, Freeport has narrowed its 2018 losses to 9.2%. Overall, 2018 has been a somber year for Freeport. On the macro front, copper prices have fallen from their 2017 highs as expectations of a supply deficit are now fast eroding.
Market Realist•7 days agoBrokerages Take a Fresh Look at First Quantum Minerals in May
First Quantum Minerals (FM) has received a “strong buy” rating from five analysts, while nine analysts have a “buy” or equivalent rating on the stock. The remaining ten analysts polled by Thomson Reuters on May 14 rate the stock as a “hold.”
Market Realist•7 days agoHow Analysts Rate Antofagasta in 2Q18
Antofagasta (ANTO) has received a “strong buy” rating from five analysts, while four analysts rate the stock as a “buy” or some equivalent. Antofagasta produced 153,800 metric tons of copper in 1Q18, which was 10.5% lower as compared to the corresponding period last year. Antofagasta expects to produce between 705,000 and 740,000 metric tons of copper in 2018 as compared to 704,300 metric tons last year.
Market Realist•7 days agoHow Much Downside Do Analysts See in Southern Copper?
Southern Copper (SCCO) has received a “hold” rating from five analysts. Four analysts have a “sell” rating on the stock, while the remaining one analyst polled by Thomson Reuters on May 14 has rated the stock as a “strong sell.” The stock hasn’t received any “buy” or equivalent ratings.
Market Realist•8 days agoFreeport-McMoRan and Indonesia: The Tussle Gets Muddier
Freeport-McMoRan (FCX) operates the giant Grasberg mine in Indonesia (EIDO). Rio Tinto (RIO) is Freeport’s partner at the mine. Notably, Grasberg is the second largest copper mine globally after BHP Billiton (BHP) owned Escondida.
Market Realist•8 days agoHow Analysts Rate Freeport-McMoRan in May
Freeport-McMoRan (FCX) has received a “strong buy” rating from one analyst, while seven analysts rate the stock as a “buy” or some equivalent. 12 analysts have a “hold” rating on the stock, while three analysts polled by Thomson Reuters on May 14 rate the stock as a “sell.”
Market Realist•8 days agoHow Analysts Rate Copper Miners after 1Q18 Earnings
We’re now reaching the end of the 1Q18 earnings season, and most mining companies have already released their quarterly earnings results. Some companies including Antofagasta (ANTO) and Glencore (GLNCY) have released only their quarterly production reports in 1Q18, and not metrics like revenue and EBITDA, which they only release twice a year.
- Motley Fool•12 days ago
The Fear Factor That Sent Freeport-McMoRan Stock Crashing 13.4% in April
Freeport-McMoRan shares nosedived after negative news from Indonesia.
- ACCESSWIRE•12 days ago
Today's Research Reports on Trending Tickers: Vale S.A. and Freeport-McMoRan
NEW YORK, NY / ACCESSWIRE / May 11, 2018 / U.S. markets eked out gains on Thursday, on the back of positive economic data and strong performance from the technology sector. The technology sector has gained almost 7% in May which is a much steeper gain than any other sector. "Because this handful of stocks (in technology sector) are continuing to lead, it will be hard to get the kind of market breadth that you'd like to see signal a more positive backdrop.
- ACCESSWIRE•13 days ago
Blog Exposure - Nevsun's Board Rejects Proposal from Euro Sun and Lundin Mining
LONDON, UK / ACCESSWIRE / May 10, 2018 / If you want access to our free research report on Nevsun Resources Ltd. (NYSE: NSU) ("Nevsun"), all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=NSU as the Company's latest news hit the wire. On May 08, 2018, the Company declared that its Board of Directors has unanimously rejected a non-binding unsolicited proposal by Euro Sun Mining Inc. and Lundin Mining Corp. This non-binding unsolicited proposal was dated April 30, 2018, and was made public by Euro Sun and Lundin on May 07, 2018. Active-Investors.com is currently working on the research report for Freeport-McMoRan Inc. (NYSE: FCX), which also belongs to the Basic Materials sector as the Company Nevsun Resources.
- Motley Fool•14 days ago
Top Gold Mining Stocks to Buy in 2018
Barrick Gold, Randgold Resources, Newmont Mining, Freeport McMoran and Goldcorp all make the short list for stocks to consider in this commodity segment -- but which of them are best positioned to prosper?
- Market Realist•15 days ago
Can Chinese Copper Imports Help Lift Freeport-McMoRan Stock?
China is the world’s biggest copper importer, and the country’s copper imports are seen as an indicator of its copper demand. Copper mining is concentrated in Latin America, and companies including Southern Copper (SCCO), Antofagasta (ANTO), and BHP Billiton (BHP) operate copper mines in the region. China imported 442,000 metric tons of unwrought copper in April.
- Market Realist•16 days ago
5 Reasons to Consider Freeport-McMoRan
So far in this series, we’ve discussed Freeport-McMoRan’s (FCX) troubles in Indonesia and the stock’s valuation. In this part, we’ll discuss some of the bullish drivers for the stock.
Market Realist•16 days agoGrasberg Impacts Freeport-McMoRan’s Valuation
As we noted in the previous part, Freeport-McMoRan (FCX) faces uncertainties in its Grasberg mine in Indonesia. Despite agreeing to sell a majority stake in the mine towards Indonesian interests, the company hasn’t been able to strike a final deal with the Indonesian government. Rio Tinto (RIO) is also negotiating a stake sale with the Indonesian government.
- Motley Fool•18 days ago
Where Will Freeport-McMoran, Inc. Be in 1 Year?
The outlook for Freeport's Grasberg Mine in Indonesia should become brighter over the next year
Market Realist•19 days agoFreeport-McMoRan: Analyzing the Grasberg Concerns
Freeport-McMoRan (FCX) operates the Grasberg mine in Indonesia. The Grasberg mine is the world’s second-largest mine after BHP Billiton’s (BHP) Escondida mine. Rio Tinto (RIO) (TRQ) is Freeport’s partner at the Grasberg mine. Despite Freeport-McMoRan agreeing to two of the key demands made by the Indonesian government, its problems are far from over.
Market Realist•19 days agoAre There Any Bullish Triggers for Copper Prices?
So far, copper prices have been subdued in 2018. Copper has seen a sharp rally since 1Q16. Copper has been struggling to hold the $7,000 per metric ton price level this year. Ample supplies, highlighted by low treatment and refining charges and rising inventories, have been bearish drivers for copper prices. Trade friction between the US and China hasn’t helped copper’s cause either. Copper miners including Freeport-McMoRan (FCX) and Antofagasta (ANTO) have also followed copper lower. ...
Market Realist•19 days agoFreeport-McMoRan: What to Expect Moving Forward
Freeport-McMoRan (FCX) is having a dismal run in 2018. Based the company’s closing prices on May 2, the stock has fallen 20.3% this year. The SPDR Dow Jones Industrial Average ETF (DIA) has lost 2.8% during this period. Looking at other miners, Antofagasta (ANTO) and Teck Resources (TECK) have lost 2.5% and 4.4%, respectively. However, Southern Copper (SCCO) has risen 9.0% year-to-date.
- The Wall Street Journal•21 days ago
[$$] Indonesia Digs In to Grab Bigger Share of Resource Wealth
is attempting to seal an agreement that would give a majority stake in the mountaintop Grasberg mine in eastern Indonesia to the government. Phoenix-based Freeport agreed to give up majority control last year, and last week publicized new government hurdles that analysts said appeared aimed at knocking down the cost of a controlling stake.
- The Wall Street Journal•26 days ago
[$$] Why This Big S&P Gainer Is Getting Slammed
A 19% tumble in Freeport McMoRan Inc. shares this week is signaling dwindling investor confidence that the company can quickly settle a protracted battle with Indonesia over a giant copper mine. The mine in Indonesia, Grasberg, is the world’s second-biggest for copper and represents about one-third of Freeport’s market value. The Phoenix-based company has invested about $14 billion into Grasberg.
Market Realist•27 days agoTripAdvisor: S&P 500’s Top Loss on April 25
The S&P 500’s top losses on April 25 were: TripAdvisor (TRIP) declined 8.5%. Goodyear Tire & Rubber (GT) declined 5.1%. Capital One Financial (COF) declined 4.8%. Freeport-McMoRan (FCX) declined 4.4%. General Electric (GE) declined 4.3%. TripAdvisor
- Market Realist•27 days ago
Vale’s 1Q18 Earnings Miss on Lower Prices and Higher Costs
Vale (VALE) released its 1Q18 results on April 25, 2018, after the markets closed. The company reported net earnings of $1.6 billion in 1Q18, 17% lower than what the consensus was expecting. Its earnings also dropped 36% year-over-year (or YoY) due to lower iron ore prices and higher costs.
Market Realist•28 days agoCould Markets Have Pre-Empted Freeport’s Massive Slide?
In the previous article, we looked at various factors that may have triggered the massive sell-off in Freeport-McMoRan (FCX) stock yesterday. Southern Copper (SCCO), another pure-play copper miner, also fell on April 24. Along with the abovementioned factors, issues in Indonesia may have made investors wary of Freeport.
