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FCX News and Press, Freeport-McMoRan Inc. From 06/13/24

Stock Information

Company Name: Freeport-McMoRan Inc.
Stock Symbol: FCX
Market: NYSE
Website: fcx.com

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FCX - Most shorted S&P 500 materials stocks at May end

2024-06-13 11:54:37 ET Bets against materials' stocks were marginally higher at the end of May. Average short interest across materials stocks in the S&P 500 index ticked up five basis points to 2.12% of shares floating at the end of May, compared to a month ago.... Read the full ...

FCX - Freeport-McMoRan: Short-Term Risks Are Too High To Ignore

2024-06-13 10:27:35 ET Summary Freeport-McMoRan is often seen as a good way to take advantage of expected copper supply imbalances. FCX investors, however, are exposed to significant risks that could derail returns even if copper prices continue to improve. The stock also trad...

FCX - Freeport-McMoRan: Upside Mostly Baked In, Downgrade To Hold

2024-06-12 09:00:00 ET Summary FCX has enjoyed great gains over the past few months, thanks to the Panama mine closure and higher copper spot prices. Combined with Indonesia operation's increased output and rich gross margins, the miner has reported higher top/ bottom lines with t...

FCX - Freeport-McMoRan: Bullish Breakout Is Now The Base Case (Rating Upgrade)

2024-06-12 08:30:00 ET Summary Freeport-McMoRan rode the recent surge in copper prices as FCX easily outperformed the market. FCX has robust growth drivers, supported by sector-leading profitability and a healthy balance sheet. FCX's Indonesian business is critical. Negotiatio...

FCX - Freeport CEO Kathleen L. Quirk to Receive The Copper Club's Ankh Award

Freeport-McMoRan Inc. (NYSE: FCX) today announced Kathleen L. Quirk will receive the Ankh Award at The Copper Club’s annual dinner on June 12, 2024, in recognition of her exceptional leadership and commitment to the copper industry. The Ankh Award has been bestowed annually since 1962 to p...

FCX - Freeport-McMoRan: Supply/Demand Imbalance For Copper Already Priced In

2024-06-10 13:06:45 ET Summary Freeport-McMoRan Inc. stock price and valuation multiples have significantly increased alongside the rise in copper prices. The company is well-positioned to capitalize on the growing demand for copper due to increased use in renewable energy. Bu...

FCX - Vox Royalty 2023 Annual Investor Letter

2024-06-09 09:10:00 ET Summary Vox Royalty Corp. exceeded its financial expectations in 2023, with record revenue, gross profit, and cash flows generated from operations. The company remains disciplined in its approach to acquiring royalties and refuses to overpay for assets. ...

FCX - Learn to Evaluate (FCX) using the Charts

2024-06-08 11:18:00 ET Stock Traders Daily has produced this trading report using a proprietary method.  This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...

FCX - Copper price surge not justified by fundamentals, top trader Trafigura says

2024-06-06 16:55:44 ET More on copper CPER: New All-Time Highs In Copper And A Correction Does Copper's Rally Have Room To Run? CPER: Long-Term Copper Outlook Is Bullish, But Short-Term Caution Advised Read the full article on Seeking Alpha For furthe...

FCX - London copper dips below $10K as exchange inventories keep climbing

2024-06-04 09:11:19 ET More on copper CPER: New All-Time Highs In Copper And A Correction Does Copper's Rally Have Room To Run? CPER: Long-Term Copper Outlook Is Bullish, But Short-Term Caution Advised Read the full article on Seeking Alpha For furthe...

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