|Bid||13.48 x 1300|
|Ask||13.49 x 27000|
|Day's range||13.26 - 13.69|
|52-week range||9.60 - 18.40|
|Beta (3Y monthly)||1.48|
|PE ratio (TTM)||7.58|
|Earnings date||25 Apr 2019|
|Forward dividend & yield||0.20 (1.55%)|
|1y target est||14.43|
What to Expect from Freeport-McMoRan's Q1 Earnings(Continued from Prior Part)Freeport’s earnings Freeport-McMoRan’s (FCX) adjusted EBITDA are expected to fall to $856 million in the first quarter. It posted EBITDA of $885 million in the fourth
What to Expect from Freeport-McMoRan's Q1 EarningsFreeport-McMoRanFreeport-McMoRan (FCX) is scheduled to release its first-quarter earnings on April 25. Analysts polled by Thomson Reuters expect the company to post revenues of $3.81 billion in the
Freeport-McMoRan (FCX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Investors need to pay close attention to Freeport-McMoRan (FCX) stock based on the movements in the options market lately.
Is the Party Just Getting Started for Iron Ore Miners?(Continued from Prior Part)Barclays upgrades iron ore price forecast Barclays is optimistic about the iron ore price outlook given the supply disruptions from Australian miners as well as Vale’s
The Zacks Analyst Blog Highlights: Berkshire Hathaway, AT&T, salesforce, Facebook and Freeport-McMoRan
Freeport-McMoRan (FCX) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
A mix of political populism, higher commodity prices and the expectation electrification will spur demand for some raw materials has led resource-holding governments to change the rules for miners operating in their countries. In most cases, governments are seeking to increase their share of profits, rather than all-out resource nationalism, although Mongolia has been trying to nationalize a stake in a copper mine. Some governments see the hardened stance of other countries as a chance to lure investment.
Freeport-McMoRan: Bulls Short of Ideas amid Macro Uncertainty(Continued from Prior Part)Freeport-McMoRan’s valuation Freeport-McMoRan (FCX) is valued at 9.4 times its 2019 expected EBITDA and 7.0 times its 2020 expected EBITDA. This valuation looks
Freeport-McMoRan: Bulls Short of Ideas amid Macro UncertaintyFreeport-McMoRan Leading US-based copper miner Freeport-McMoRan (FCX) has been trading largely sideways this month, which is not surprising, considering copper price trends. Although copper
Freeport-McMoRan Inc. today declared a cash dividend of $0.05 per share payable on May 1, 2019 to holders of record as of April 15, 2019 for its common stock.
Freeport McMoRan makes more headlines, but don't look at the miner without also examining peer Southern Copper -- boring is sometimes better.
Freeport-McMoRan Comes under Pressure amid China ConcernsFreeport-McMoRanFreeport-McMoRan (FCX), the leading US-based copper miner, fell 2.7% yesterday. This fall took its March losses to 4.5%. However, the stock is still up 20% year-to-date.
China’s February Trade Data Compounded Slowdown Fears(Continued from Prior Part)China’s February copper importsPreviously in this series, we discussed China’s February steel and aluminum exports. However, copper is a different story. China
How Analysts See Copper Miners as Prices Stabilize(Continued from Prior Part)First Quantum First Quantum Minerals (FM) has risen 44% this year based on its closing prices on February 26. Freeport-McMoRan (FCX) and Southern Copper (SCCO) have risen
How Analysts See Copper Miners as Prices Stabilize(Continued from Prior Part)Southern Copper Southern Copper (SCCO) has risen 22.7% year-to-date based on its closing prices on February 26. After a reasonably strong run in 2019, analysts don’t
How Analysts See Copper Miners as Prices Stabilize(Continued from Prior Part)Strong rallyFreeport-McMoRan (FCX) has been strong this year amid improved copper market sentiments. The stock has risen 28.4% year-to-date based on its closing prices on
How Analysts See Copper Miners as Prices StabilizeCopper minersThe metals and mining space has seen a lot of turbulence over the last five years. In 2015, China’s slowdown concerns spooked commodity investors. The sell-off continued in the first
NEW YORK, Feb. 28, 2019 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.
PLC (RIO.LN) said it will pay a special dividend worth US$4 billion as it recorded a 56% rise in annual net profit. The world’s second-biggest miner by market value on Wednesday reported a net profit of US$13.64 billion for 2018, up from a profit of US$8.76 billion a year earlier. Rio Tinto said it would use the cash from that sale to fund a special dividend of US$2.43 per share, which fattened a capital return that has also involved buying back shares worth up to US$3.2 billion.
Freeport-McMoRan Inc. (FCX) announced today that notice has been issued to redeem on March 27, 2019, all of its outstanding $1 billion aggregate principal amount of 3.100% Senior Notes due 2020 (Notes), at a make-whole redemption price to be calculated in accordance with the terms of the indenture governing the Notes, plus accrued and unpaid interest on the Notes to be redeemed from the last interest payment date of March 15, 2019, to, but not including, the redemption date. FCX will use cash to fund the redemption. FCX expects to record a loss to net income of approximately $3.4 million in the first quarter of 2019 in connection with the redemption.