Previous close | 43.16 |
Open | 42.69 |
Bid | 42.51 x 1200 |
Ask | 43.41 x 3100 |
Day's range | 42.16 - 43.10 |
52-week range | 24.80 - 51.99 |
Volume | |
Avg. volume | 12,748,519 |
Market cap | 61.39B |
Beta (5Y monthly) | 1.95 |
PE ratio (TTM) | 35.09 |
EPS (TTM) | 1.22 |
Earnings date | 19 Apr 2023 - 24 Apr 2023 |
Forward dividend & yield | 0.60 (1.80%) |
Ex-dividend date | 13 Oct 2022 |
1y target est | 36.38 |
Shares in copper miner Freeport-McMoRan (NYSE: FCX) rose 17.4% in January, according to data from S&P Global Market Intelligence. The move comes in line with a general increase in the S&P 500 and, more importantly for Freeport-McMoRan, an increase in the price of copper. The industrial metal's price went from around $3.80 per pound at the start of the year to a high of $4.26 per pound in late January to around $4.06 at the time of writing.
The latest earnings from copper, gold, and molybdenum miner Freeport-McMoRan (NYSE: FCX) highlight the ongoing debate around the stock and the copper mining sector. In truth, the miner's share price will always be a function of the price of copper, but that's no bad thing.
Here is how Freeport-McMoRan (FCX) and Gerdau (GGB) have performed compared to their sector so far this year.