38.86

1.62% 0.62

Freeport Mcmoran Inc (FCX)

Overview News Price History Option Chain Financials Discussions Forecast Stock Split Dividend History

Freeport Mcmoran Inc stock is traded at $38.86, with a volume of 19.93M. It is up +1.62% in the last 24 hours and down -11.08% over the past month. Freeport-McMoRan owns stakes in 10 copper mines, led by its 49% ownership of the Grasberg copper and gold operations in Indonesia, 55% of the Cerro Verde mine in Peru, and 72% of Morenci in Arizona. It sold around 1.2 million metric tons of copper (its share) in 2023, making it the one of the world's largest copper miners by volume. It also sold about 900,000 ounces of gold, mostly from Grasberg, and 70 million pounds of molybdenum. About 75% of 2023 revenue was from copper, with a further 15% from gold and about 10% from molybdenum. It had about 25 years of copper reserves at end December 2023. we expect it to sell similar amounts of copper midcycle in 2028, though we expect gold volumes to decline to about 700,000 ounces then due to falling production at Grasberg.

Previous Close:

$38.24

Open:

$37.98

24h Volume:

19.93M

Relative Volume:

1.74

Market Cap:

$55.84B

Revenue:

$25.64B

Net Income/Loss:

$2.00B

P/E Ratio:

26.26

EPS:

1.48

Net Cash Flow:

$2.11B

1W Performance:

-6.56%

1M Performance:

-11.08%

6M Performance:

-21.27%

1Y Performance:

-6.00%

1-Day Range:

$37.96

$39.29

1-Week Range:

$37.66

$41.52

52-Week Range:

$36.26

$55.23

Freeport Mcmoran Inc Stock (FCX) Company Profile

Name

Freeport Mcmoran Inc

Sector

Basic Materials (271)

Industry

Copper (7)

Phone

(602) 366-8100

Address

333 NORTH CENTRAL AVENUE, PHOENIX

Employee

27,200

Twitter

@FM_FCX

Next Earnings Date

2024-10-22

Latest SEC Filings

FCX's Discussions on Twitter

Compare FCX with other stocks

Stocks	Price	Market Cap	Revenue	Net Income	Cash Flow	EPS
FCX Freeport Mcmoran Inc	38.86	55.84B	25.64B	2.00B	2.11B	1.37
SCCO Southern Copper Corporation	93.01	73.52B	10.94B	3.03B	2.55B	3.8452
HBM Hudbay Minerals Inc	8.24	3.25B	2.03B	81.62M	357.02M	0.2234
ERO Ero Copper Corp	13.25	1.37B	432.32M	60.80M	-285.00M	0.66
MTAL Mac Copper Ltd	10.80	890.34M	0	-24.35M	-3.33M	-0.6869

Freeport Mcmoran Inc Stock (FCX) Upgrades & Downgrades

Date	Action	Analyst	Rating Change
Sep-30-24	Downgrade	Scotiabank	Sector Outperform → Sector Perform
Sep-04-24	Upgrade	UBS	Neutral → Buy
Jun-21-24	Upgrade	Morgan Stanley	Equal-Weight → Overweight
Apr-09-24	Upgrade	BofA Securities	Neutral → Buy
Jan-16-24	Resumed	UBS	Neutral
Jan-08-24	Upgrade	Bernstein	Mkt Perform → Outperform
Oct-17-23	Initiated	JP Morgan	Neutral
Jun-29-23	Initiated	Bernstein	Mkt Perform
Mar-14-23	Upgrade	Scotiabank	Sector Perform → Sector Outperform
Nov-11-22	Downgrade	Scotiabank	Sector Outperform → Sector Perform
Oct-06-22	Downgrade	Exane BNP Paribas	Outperform → Neutral
Jul-13-22	Downgrade	Citigroup	Buy → Neutral
Jul-13-22	Upgrade	Exane BNP Paribas	Neutral → Outperform
Jul-07-22	Downgrade	Wolfe Research	Outperform → Peer Perform
Jun-09-22	Upgrade	Credit Suisse	Underperform → Neutral
Apr-05-22	Downgrade	Exane BNP Paribas	Outperform → Neutral
Jan-27-22	Reiterated	Deutsche Bank	Hold
Jan-27-22	Reiterated	Jefferies	Buy
Jan-27-22	Reiterated	Wolfe Research	Outperform
Dec-14-21	Initiated	Stifel	Buy
Nov-17-21	Initiated	Wolfe Research	Outperform
Oct-22-21	Downgrade	Deutsche Bank	Buy → Hold
Oct-06-21	Upgrade	Exane BNP Paribas	Neutral → Outperform
Sep-29-21	Resumed	BofA Securities	Buy
Sep-10-21	Downgrade	Credit Suisse	Neutral → Underperform
Jul-08-21	Downgrade	Barclays	Equal Weight → Underweight
Jun-04-21	Downgrade	Exane BNP Paribas	Outperform → Neutral
Apr-21-21	Downgrade	UBS	Buy → Neutral
Apr-06-21	Upgrade	Raymond James	Mkt Perform → Outperform
Mar-24-21	Downgrade	Morgan Stanley	Overweight → Equal-Weight
Feb-16-21	Upgrade	Citigroup	Neutral → Buy
Feb-10-21	Resumed	JP Morgan	Overweight
Jan-05-21	Upgrade	Argus	Hold → Buy
Dec-17-20	Initiated	Johnson Rice	Buy
Nov-12-20	Initiated	Goldman	Buy
Oct-12-20	Downgrade	Citigroup	Buy → Neutral
Sep-24-20	Upgrade	Morgan Stanley	Equal-Weight → Overweight
Aug-04-20	Downgrade	Morgan Stanley	Overweight → Equal-Weight
Jul-20-20	Downgrade	Barclays	Overweight → Equal Weight
Apr-27-20	Upgrade	Scotiabank	Sector Perform → Sector Outperform
Apr-16-20	Upgrade	Barclays	Equal Weight → Overweight
Apr-07-20	Upgrade	Credit Suisse	Underperform → Neutral
Jan-14-20	Downgrade	Credit Suisse	Neutral → Underperform
Dec-17-19	Upgrade	BMO Capital Markets	Market Perform → Outperform
Nov-13-19	Upgrade	BofA/Merrill	Neutral → Buy
Nov-07-19	Resumed	Morgan Stanley	Overweight
Oct-10-19	Upgrade	UBS	Neutral → Buy
Oct-08-19	Reiterated	B. Riley FBR	Buy
Jul-25-19	Upgrade	RBC Capital Mkts	Underperform → Sector Perform
Jul-16-19	Upgrade	Barclays	Underweight → Equal Weight
Jul-11-19	Upgrade	Deutsche Bank	Hold → Buy
Feb-19-19	Upgrade	Citigroup	Neutral → Buy
Feb-13-19	Upgrade	Morgan Stanley	Equal-Weight → Overweight

View All

Freeport Mcmoran Inc Stock (FCX) Latest News

Dec 20, 2024

Freeport-McMoRan (FCX) Surpasses Market Returns: Some Facts Worth Knowing - Yahoo Finance

Dec 20, 2024

Traders Fight The Grinch To Save The Santa Rally: 10 S&P 500 Stocks Poised For A Year-End Surge - Benzinga

Dec 20, 2024

Here's Why Freeport-McMoRan Stock Soared in September - AOL

Dec 20, 2024

Freeport McMoRan: Uncertainty at the Grasberg Mine. - Yahoo Finance

Dec 20, 2024

Dec 19, 2024

Why Freeport-McMoRan (FCX) Dipped More Than Broader Market Today - Yahoo Finance

Dec 19, 2024

Freeport-McMoRan Inc. stock outperforms competitors despite losses on the day - MarketWatch

Dec 19, 2024

Freeport-McMoRan Target of Unusually Large Options Trading (NYSE:FCX) - MarketBeat

Dec 19, 2024

Freeport-McMoRan: A Good Option To Capitalize On The Future Of Copper - Seeking Alpha

Dec 19, 2024

Freeport Declares Cash Dividends on Common Stock, Payable on February 3, 2025 - Marketscreener.com

Dec 19, 2024

Dec 18, 2024