Freeport-McMoRan (FCX) posted Q4 earnings that topped Wall Street estimates, but fell vs. a year ago amid lower copper prices and higher costs. FCX stock rose in Wednesday’s stock market action....
Tag: FreeportMcMoRan
Has the Correction in Freeport-McMoRan Run Its Course?
By BRUCE KAMICH Sep 02, 2022 | 11:15 AM EDT Stocks quotes in this article: FCX Copper miner Freeport-McMoRan ( FCX) declined sharply along with copper prices from April to July but now stock prices ma...
Freeport-McMoRan misses on profit and revenue amid a ‘precipitous’ fall in copper prices
Shares of Freeport-McMoRan Inc. FCX, +0.58% slipped 0.1% in premarket trading, after the copper and gold miner reported second-quarter profit and revenue that missed expectations, concerns over the gl...
Looking at Copper and Freeport-McMoRan, Everyone Is Ignoring a Huge Issue
Every media outlet has written in recent weeks about the “rapid demand destruction in commodities” but I think they are missing a key conclusion. Let’s dive into the charts and I&...
Could the Freeport-McMoRan Stock Selloff Be Short-Lived?
Freeport-McMoRan Inc (NYSE:FCX) is one of the casualties of the selloff the mining sector has been suffering from, as lockdowns in China spark demand fears. The security was last seen down 3% to trade...
Freeport-McMoRan Earnings: Top Copper Play On Deck As FCX Stock Sets Up
Freeport-McMoRan earnings are due before Thursday’s open, as the price of copper continues to provide a bullish backdrop for FCX stock. X After ending 2021 around $4.40 a pound, copper has been ...
Freeport-McMoRan Reverses Lower On Mixed Results, Guidance
Freeport-McMoRan, a top copper producer, posted mixed fourth-quarter results, beating some bottom-line estimates while revenue trailed. Freeport also slightly lowered guidance for 2022 copper sales. F...