Freeport-McMoRan Stock Soars as Copper and Gold Prices Rise
Gold prices are sitting at a record high following the Fed's first interest-rate cut and as other central banks around the world loosen monetary policy. Freeport-McMoRan ( FCX) shares surged on Tuesday amid an increase in the prices of copper and gold, two of the main commodities produced by the mining giant.
To get a flavor of how movements in the price of copper impact Freeport, management states that its earnings before interest, ...
Deep-pocketed investors have adopted a bullish approach towards Freeport-McMoRan FCX, and it's something market players ...
Big diversified miners including Rio Tinto , BHP Group and Glencore, are watching rival copper producers gradually grow beyond their reach ...
Freeport-McMoRan (FCX) witnessed a jump in share price last session on above-average trading volume. The latest trend in ...
Analysts' ratings for Freeport-McMoRan FCX over the last quarter vary from bullish to bearish, as provided by 7 analysts.
The S&P 500 added 0.3% on Tuesday, Sept. 24, as a report showed a slump in consumer confidence and China unveiled an economic ...
We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions ...
Therefore, Freeport-McMoRan has an ROCE of 14%. On its own, that's a standard return, however it's much better than the 9.6% ...
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