In the latest trading session, Freeport-McMoRan (FCX) closed at $54.22, marking a -2.31% move from the previous day.
FCX shares have surged 30% in three months, fueled by record copper prices, tightening supply concerns and strong demand from key global markets.
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FCX saw Q3 unit cash costs surge 24% on lower copper volumes and the miner expects an even sharper cost jump in Q4.
Freeport-McMoRan Inc (NYSE:FCX, XETRA:FPMB) is set to report strong fourth-quarter results, driven by better-than-expected realized copper and gold prices, according to Jefferies analysts. The mining giant disclosed its provisional 4Q25 earlier this week, prompting Jefferies to update its model.
In the latest trading session, Freeport-McMoRan (FCX) closed at $51.93, marking a +2.24% move from the previous day.
FCX stock jumps more than 35% in three months, fueled by surging copper prices and progress at the Grasberg mine in Indonesia.
Freeport-McMoRan (FCX) closed the most recent trading day at $53.04, moving +2.16% from the previous trading session.
FCX is advancing major copper expansions and boasts strong liquidity, but rising unit costs and sharply lower volume guidance temper the outlook.
Freeport-McMoRan (FCX) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Freeport-McMoRan (NYSE:FCX) shares rose 3% yesterday to close at $50.64 per share, putting them just 8% below the May 2024 high of $54.86 and about 16% shy of the company's all-time high just above $59 per share that it hit back in 2008.
In the closing of the recent trading day, Freeport-McMoRan (FCX) stood at $49.15, denoting a +2.57% move from the preceding trading day.