Freeport-McMoRan Inc. (FCX)
Investors Heavily Search Freeport-McMoRan Inc. (FCX): Here is What You Need to Know
Zacks.com users have recently been watching Freeport-McMoRan (FCX) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Freeport-McMoRan Posts Strong Earnings Despite Indonesia Shutdown
Freeport-McMoRan Inc. NYSE: FCX reported third-quarter earnings on Oct. 23. The results highlighted the company's resilient performance despite a temporary halt in operations at its Grasberg mine in Indonesia.
FCX's Q3 Earnings & Sales Beat Estimates on Higher Copper Prices
FCX posts higher Q3 profits as surging copper and gold prices offset weaker volumes and operational disruptions.
Freeport-McMoRan (FCX) Surpasses Q3 Earnings and Revenue Estimates
Freeport-McMoRan (FCX) came out with quarterly earnings of $0.5 per share, beating the Zacks Consensus Estimate of $0.41 per share. This compares to earnings of $0.38 per share a year ago.
Freeport-McMoRan Stock Rises on Earnings. Fatal Mine Incident Dents Production.
A fatal mud rush in September at a Freeport-McMoRan mine in Indonesia led to seven deaths and a suspension of operations.
Freeport-McMoRan to Post Q3 Earnings: What's in Store for the Stock?
FCX's Q3 results are likely to reflect favorable copper prices amid pressure from Grasberg mine issues and higher costs.
Freeport-McMoRan: Still Relying On Its Volatile Indonesian Operations
Freeport-McMoRan remains a complex copper play, with heavy reliance on volatile copper prices and significant exposure to Indonesian political risk. Despite long-term copper demand tailwinds, Freeport's Indonesian operations account for the vast majority of operating profits but are subject to high taxes and government intervention. Shares trade at demanding multiples amidst net capital investments made into the business and an uncertain political environment.
Why the Market Dipped But Freeport-McMoRan (FCX) Gained Today
In the closing of the recent trading day, Freeport-McMoRan (FCX) stood at $43.31, denoting a +1.07% move from the preceding trading day.
A Copper Catalyst: Why Freeport-McMoRan Is Positioned to Rebound
A curious divergence is capturing the attention of investors in the basic materials sector. On the one hand, the copper market is sending powerful signals, with prices supported by forecasts of massive and sustained demand.
Mining Stock Pops on Upgrade, Surging Copper Prices
Freeport-McMoRan Inc (NYSE:FCX) stock is up 1.2% to trade at $39.33 at last glance, after the gold and copper miner received an upgrade from UBS to "buy" from "neutral.
Is Trending Stock Freeport-McMoRan Inc. (FCX) a Buy Now?
Zacks.com users have recently been watching Freeport-McMoRan (FCX) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Here's Why Freeport-McMoRan (FCX) is a Strong Value Stock
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