- Previous Close
45.92 - Open
45.68 - Bid 45.70 x 1200
- Ask 45.90 x 900
- Day's Range
45.47 - 46.30 - 52 Week Range
32.83 - 55.24 - Volume
9,661,906 - Avg. Volume
13,506,555 - Market Cap (intraday)
65.935B - Beta (5Y Monthly) 1.92
- PE Ratio (TTM)
40.26 - EPS (TTM)
1.14 - Earnings Date Jul 23, 2024
- Forward Dividend & Yield 0.60 (1.31%)
- Ex-Dividend Date Jul 15, 2024
- 1y Target Est
56.08
Freeport-McMoRan Inc. engages in the mining of mineral properties in North America, South America, and Indonesia. It primarily explores for copper, gold, molybdenum, silver, and other metals. The company's assets include the Grasberg minerals district in Indonesia; Morenci, Bagdad, Safford, Sierrita, and Miami in Arizona; Chino and Tyrone in New Mexico; and Henderson and Climax in Colorado, North America, as well as Cerro Verde in Peru and El Abra in Chile. The company was formerly known as Freeport-McMoRan Copper & Gold Inc. and changed its name to Freeport-McMoRan Inc. in July 2014. Freeport-McMoRan Inc. was incorporated in 1987 and is headquartered in Phoenix, Arizona.
fcx.comRecent News: FCX
View MorePerformance Overview: FCX
Trailing total returns as of 7/19/2024, which may include dividends or other distributions. Benchmark is
.YTD Return
1-Year Return
3-Year Return
5-Year Return
Compare To: FCX
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Statistics: FCX
View MoreValuation Measures
Market Cap
65.96B
Enterprise Value
70.18B
Trailing P/E
40.28
Forward P/E
28.74
PEG Ratio (5yr expected)
--
Price/Sales (ttm)
2.79
Price/Book (mrq)
3.89
Enterprise Value/Revenue
2.95
Enterprise Value/EBITDA
7.92
Financial Highlights
Profitability and Income Statement
Profit Margin
6.97%
Return on Assets (ttm)
7.39%
Return on Equity (ttm)
14.38%
Revenue (ttm)
23.79B
Net Income Avi to Common (ttm)
1.65B
Diluted EPS (ttm)
1.14
Balance Sheet and Cash Flow
Total Cash (mrq)
5.21B
Total Debt/Equity (mrq)
33.54%
Levered Free Cash Flow (ttm)
-192.5M
Research Analysis: FCX
View MoreCompany Insights: FCX
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Research Reports: FCX
View MoreAfter very nice advances in gold (GLD), silver (SLV), and copper (CPER) from February/March until May, the metals complex cycled into extreme momentum/overbought territory on both daily and weekly timeframes and then pulled back.
After very nice advances in gold (GLD), silver (SLV), and copper (CPER) from February/March until May, the metals complex cycled into extreme momentum/overbought territory on both daily and weekly timeframes and then pulled back. We have been waiting patiently over the past six to seven weeks for signs of an attractive reentry point. We also wanted to see signs that the U.S. Dollar Index (USD) was topping, as a weakening greenback generally is a favorable backdrop for the metals. All three broke nicely higher on Wednesday, gaining 1% to 3% and breaking their downtrends off highs from the second half of May. At the same time, the dollar has dropped the past three trading days and traced out a lower high, but remains in an uptrend off the late-December lows. We had mentioned that the USD COT data recently deteriorated after being dollar bullish since late last year. GLD held in the best during the pullback, and has traded in a sideways consolidation, while SLV and CPER were hit harder. GLD didn't retrace even a minor 38.2% of its rally from mid-February and never was near daily oversold territory. A range break above $225 could send GLD up to $240 or more, and eventually a lot higher based on the massive base from 2011 until early 2024. SLV retraced 38.2% of its rally and held key trendline support off the secondary low in March. A break over $29/$30 would open the door for a possible jump to the mid- to high-$30s region. CPER generally is a wildcard (and one that is highly volatile), but a break over $31 could also lead to a move to the mid- to high-$30s region. (Mark Arbeter, CMT)
Daily – Vickers Top Buyers & Sellers for 05/08/2024
The Vickers Top Buyers & Sellers is a daily report that identifies the five companies the largest insider purchase transactions based on the dollar value of the transactions as well as the five companies the largest insider sales transactions based on the dollar value of the transactions.
Daily – Vickers Top Buyers & Sellers for 05/02/2024
The Vickers Top Buyers & Sellers is a daily report that identifies the five companies the largest insider purchase transactions based on the dollar value of the transactions as well as the five companies the largest insider sales transactions based on the dollar value of the transactions.
Raising target price
Freeport-McMoRan is a leading international mining company based in Phoenix. It operates geographically diverse assets with significant proven and probable reserves of copper, gold, and molybdenum. The company's portfolio of assets includes the Grasberg minerals district in Indonesia, one of the world's largest copper and gold deposits; the Morenci minerals district in North America; and the Cerro Verde and El Abra mines in South America. The company has approximately 27,200 employees. FCX shares are a component of the S&P 500.
RatingPrice Target