|Bid||19.37 x 2500|
|Ask||19.38 x 8300|
|Day's range||19.25 - 19.75|
|52-week range||11.05 - 20.07|
|PE ratio (TTM)||26.06|
|Earnings date||25 Jan 2018|
|Forward dividend & yield||0.00 (0.00%)|
|1y target est||17.28|
The majority of ratings for BHP Billiton (BHP) are “buys,” with 61% of analysts recommending as much on the stock. The consensus target price for BHP is $30.0, which implies a potential downside of -3.1% based on its current market price. BHP’s most recent rating change came from JPMorgan Chase (JPM), which upgraded the stock from an “underweight” to a “neutral” on December 14, 2017.
The simple answer is yes, Freeport-McMoRan could be a millionaire maker stock... but there's a lot of risk that goes along with that
A number of mining companies have notable oil aspirations playing out in 2018. Here are four names to keep an eye on
Rio Tinto Group has booked copper output from the giant Grasberg mine joint venture for the first time since 2014 -- just as the company weighs plans to exit the operation in Indonesia.
** U.S. mail management company Pitney Bowes Inc has received takeover interest from private equity firms Blackstone Group LP and Carlyle Group LP, according to the Financial Times, citing a Bloomberg report.
What are the top stock picks for 2018 from advisors who happen to be women? We asked eight contributors to MoneyShow.com. Their answers may surprise you.
Teck Resources’ 2018 Outlook: Can the Uptrend Continue? Teck Resources (TECK) is trading at an EV-to-EBITDA (enterprise value to earnings before interest, tax, depreciation, and amortization) multiple of 5.4x, based on its 2018 expected EBITDA. Teck Resources is trading at a discount compared to some of the other mining companies.
Freeport McMoRan saw its IBD SmartSelect Composite Rating jump to 96 Friday, up from 94 the day before.
Freeport-McMoRan’s 2018 Outlook: Can It Continue Its Dream Run? Freeport-McMoRan (FCX) rose 43.7% last year. In the previous parts of this series, we looked at some factors that could impact Freeport in 2018.
Freeport-McMoRan’s 2018 Outlook: Can It Continue Its Dream Run? Freeport-McMoRan (FCX) has managed to cut its net debt by more than half over the last two years. Freeport used its organic cash flows to strengthen its balance sheet.
Freeport-McMoRan’s 2018 Outlook: Can It Continue Its Dream Run? In August 2017, Freeport-McMoRan (FCX) announced a framework with the Indonesian government (EIDO). Under the terms of that framework, Freeport agreed to construct a smelter in Indonesia within five years.
Indonesia hopes to finalise contract talks with Freeport McMoRan Inc over the Grasberg copper mine by June, although divestment issues are still unresolved, a mining ministry official said on Thursday. Indonesia and Freeport formed a framework agreement in August to transfer the company's rights to Grasberg to a new mine license system from an existing contract of work.
Teck Resources’ 2018 Outlook: Can the Uptrend Continue? As we saw in the previous part of this series, Teck Resources’ (TECK) 2017 price action lagged the broader metals and mining space for most of 2017. Although the stock managed to rise 23.9% in 2017 due to the so-called Santa Claus rally in December 2017, it was a lackluster year overall for the company considering the sharp gains in some of the other mining companies.
Zacks.com featured highlights include: Freeport-McMoRan, Herman Miller, Potlatch, Myers and Varex Imaging
Freeport-McMoRan’s 2018 Outlook: Can It Continue Its Dream Run? Last year, we saw significant supply-side disruptions at leading copper mines. Toward the end of the year, we saw labor unrest at one of Teck Resources’ (TECK) copper mines.
There are some concerns that China’s construction boom, which lifted its economic activity last year, might not continue in 2018.