Should you buy FCX stock?
is pleased to announce it has entered into a Mineral Property Earn-In Agreement (the “EIA”) with Freeport-McMoRan Mineral Properties Canada Inc. (“Freeport”), a wholly owned subsidiary of Freeport-McMoRan Inc. (FCX). Under the terms of the EIA ...
Is FCX a good buy?
Freeport-McMoRan Inc. [NYSE: FCX] closed the trading session at $41.23 on 11/12/21. The day’s price range saw the stock hit a low of $40.36, while the highest price level was $41.5992. The company report on November 2, 2021 that Freeport-McMoRan ...
Is FCX a good investment?
The financial health and growth prospects of FCX, demonstrate its potential to outperform the market. It currently has a Growth Score of A. Recent price changes and earnings estimate revisions indicate this would be a good stock for momentum investors with a Momentum Score of A.
Should I buy FCX?
Freeport-McMoRan Inc. [NYSE: FCX] price surged by 6.45 percent to reach at $2.39. The company report on November 2, 2021 that Freeport-McMoRan Announces Appointment of Senior Vice President and Chief Financial Officer. Maree E. Robertson. Freeport-McMoRan ...
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Is FCX a buy or sell?
A company with a P/E ratio of 40 and a growth rate of 50% would have a PEG ratio of 0.80 (40 / 50 = 0.80)....Momentum Scorecard. More Info.Zacks RankDefinitionAnnualized Return1Strong Buy24.75%2Buy18.15%3Hold9.70%4Sell5.35%2 more rows
What is target price for FCX?
Stock Price TargetHigh$60.00Low$24.00Average$41.43Current Price$27.42
Who owns FCX stock?
Top 10 Owners of Freeport-McMoRan IncStockholderStakeShares ownedThe Vanguard Group, Inc.7.65%110,892,535SSgA Funds Management, Inc.4.61%66,802,282Capital Research & Management Co....4.51%65,407,881BlackRock Fund Advisors4.34%62,899,4886 more rows
What ETF holds FCX?
SPDR S&P 500 ETF TrustThe largest ETF holder of FCX is the SPDR S&P 500 ETF Trust (SPY), with approximately 15.53M shares. Investors may also find of interest that the ETF with the largest allocation to FCX stock is Optica Rare Earths & Critical Materials ETF (CRIT), with a portfolio weight of 11.67%.
How many mines does Freeport-McMoRan own?
In North America, FCX operates seven open-pit copper mines — Morenci, Bagdad, Safford, Sierrita and Miami in Arizona, and Chino and Tyrone in New Mexico; and two molybdenum mines — Henderson and Climax in Colorado.
What does Freeport-McMoRan produce?
Freeport-McMoRan Inc. (FCX) is a mining company. The Company operates through geographical assets with proven and probable reserves of copper, gold and molybdenum, and traded copper producer. The Company's segments include refined copper products, copper in concentrate, gold, molybdenum, oil and other.
Who does Freeport-McMoRan sell to?
(NYSE: FCX) announced today that it has entered into a definitive agreement to sell a 13 percent ownership interest in its Morenci unincorporated joint venture to Sumitomo Metal Mining Co., Ltd. (SMM) for $1.0 billion in cash.
Is FCX an ETF?
The following ETFs maintain exposure to Freeport-McMoRan, Inc. (FCX). ETF holdings data are updated once a day, and are subject to change....Unlock all 265 ETFs with exposure to Freeport-McMoRan, Inc. ( FCX)TickerVAWETFVanguard Materials ETFETF Database CategoryMaterialsExpense Ratio0.10%Weighting4.47%20 more columns
What sector is FCX in?
Freeport-McMoRan Inc. engages in the mining of mineral properties in North America, South America, and Indonesia. The company primarily explores for copper, gold, molybdenum, silver, and other metals, as well as oil and gas.
Is Freeport McMoRan a publicly traded company?
Our stock trades on the New York Stock Exchange under the ticker symbol “FCX.”
About Freeport-McMoRan
Freeport-McMoRan (NYSE:FCX) Frequently Asked Questions
Freeport-McMoRan, Inc. engages in the mining of copper, gold and molybdenum. It operates through the following segments: North America Copper Mines, South America Mining; Indonesia Mining, Molybdenum Mines, Rod and Refining, Atlantic Copper Smelting and Refining and Corporate, Other and Eliminations.
How long are futures trading delayed?
17 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Freeport-McMoRan in the last twelve months. There are currently 2 sell ratings, 4 hold ratings and 11 buy ratings for the stock.
How to calculate restricted stock?
Commodities & Futures: Futures prices are delayed at least 10 minutes as per exchange requirements. Change value during the period between open outcry settle and the commencement of the next day's trading is calculated as the difference between the last trade and the prior day's settle.
Technical Assessment: Neutral in the Intermediate-Term
To calculate, start with total shares outstanding and subtract the number of restricted shares. Restricted stock typically is that issued to company insiders with limits on when it may be traded. A company's dividend expressed as a percentage of its current stock price.
Market Update: ADP, COF, FCX, JNJ, PCAR, TXN, VZ, HA
Unless your portfolio is invested in Energy (XLE, +23%), the U.S. stock market has not provided many profitable opportunities so far in 2022.
Technical Assessment: Bearish in the Intermediate-Term
Stocks rose strongly on Wednesday morning, recovering from Tuesday's selloff, as investors awaited the Fed's policy statement and comments from Fed Chair Jerome Powell this afternoon. Housing market data was positive. The Commerce Department said that U.S.
Technical Assessment: Bullish in the Intermediate-Term
Yesterday was just another normal Monday in January on Wall Street. The major indices all bottomed shortly after noon, having been thrashed in the morning -- and all finished with small gains. At the lows, the S&P 500 was off a whopping 175 points or 4%. The intraday bottom was the lowest level for the "500" since June 22, 2021.
Technical Assessment: Bullish in the Intermediate-Term
The low close for the S&P 500 during the recent pullback was 4,513 on 12/1, while the low intraday level was 4,495 on 12/3. That represented a move into the second cluster of support we have been talking about for the "500" (between 4,488 and 4,542).
Technical Assessment: Bullish in the Intermediate-Term
We continue to keep a close eye on market breadth, as longer-term measures of breadth remain supportive of higher stock prices, while intermediate-term breadth continues to improve and is firmly bullish.
Market Digest: ABT, CSX, EFX, FCX, LRCX, LUV, SON, UNP, VZ, TSLA
Since bottoming on September 29, gold and silver have traced out higher highs and higher lows. GLD ($168.93) rose 0.7% on Monday, popping above the 200-day average for the first time since September 3. SLV ($22.73) bounced 0.8% and is closing in on the prior high of $23 from the beginning of September.
Barchart Technical Opinion
Stocks finished mostly higher on Thursday as investors weighed earnings reports from a range of major companies along with new employment data. First-time unemployment claims fell to 290,000, down from the prior week and below consensus.
Business Summary
The Barchart Technical Opinion rating is a 88% Buy with a Average short term outlook on maintaining the current direction.
