Freeport-McMoRan Inc. (FCX)
Freeport-McMoRan: Grasberg Is Back On Schedule
Freeport-McMoRan looks undervalued relative to current copper prices, with the stock pricing in roughly $5.70 copper, about 13% below spot. Grasberg is running slightly ahead of its revised plan, and FCX reaffirmed its target of 80% capacity by mid-2027 and near-full capacity by year-end 2027. Using a 7.0x EV/EBITDA multiple on about $20B of average 2027/2028 EBITDA at $6.50/lb copper, with partners' stakes (NCI) included in EV, I get an $85 target, about 22% upside.
5 Copper and Precious Metals Stocks Likely to Beat Q3 Estimates
Five mining and precious-metals royalty companies, FCX, FNV, LUNMF, OR and WPM are poised to beat third-quarter 2026 earnings estimates as elevated metal prices support growth.
Freeport-McMoRan (FCX) Falls More Steeply Than Broader Market: What Investors Need to Know
Freeport-McMoRan (FCX) closed at $69.6 in the latest trading session, marking a -3.89% move from the prior day.
Freeport-McMoRan (FCX) Suffers a Larger Drop Than the General Market: Key Insights
Freeport-McMoRan (FCX) closed at $71.14 in the latest trading session, marking a -1% move from the prior day.
Is Trending Stock Freeport-McMoRan Inc. (FCX) a Buy Now?
Freeport-McMoRan (FCX) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Three stocks to buy as Deutsche Bank says copper could hit $10 a pound
Deutsche Bank believes the surge in copper prices in its early inning only. According to the investment firm, aggressive demand from artificial intelligence (AI) and electric vehicles (EVs) could drive copper prices up to $10 a pound, or $22,050 per metric ton.
Will Freeport-McMoRan (FCX) Beat Estimates Again in Its Next Earnings Report?
Freeport-McMoRan (FCX) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Freeport-McMoRan Reports Q3 Copper Output, Advances Grasberg Recovery
FCX's Q3 copper and gold output met expectations as Grasberg recovery advances, with major growth projects also moving forward.
Freeport-McMoRan (FCX) Surpasses Market Returns: Some Facts Worth Knowing
Freeport-McMoRan (FCX) concluded the recent trading session at $70.84, signifying a +2.3% move from its prior day's close.
Freeport-McMoRan Inc. (FCX) Presents at Morgan Stanley's 14th Annual Laguna Conference Transcript
Freeport-McMoRan Inc. (FCX) Presents at Morgan Stanley's 14th Annual Laguna Conference Transcript
Freeport-McMoRan Eyes Leach Breakthrough, Bagdad Growth and Grasberg Recovery
Freeport-McMoRan NYSE: FCX is pursuing growth through U.S. brownfield expansions, technology investments and the recovery of its Grasberg mine in Indonesia, President and CEO Kathleen Quirk said during a Morgan Stanley conference discussion.
Will FCX's Margins Hold Up as Copper Production Costs Rise?
FCX's copper costs are rising as volumes fall, putting pressure on margins despite higher metal prices.
