Freeport-McMoRan
Price History
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About Freeport-McMoRan
Overview
Freeport-McMoRan is a leading international mining company with headquarters in Phoenix, Arizona. The company is the world's largest publicly traded copper producer and operates large, long-lived, geographically diverse assets with significant proven and probable reserves of copper, gold, and molybdenum.
Operations
Freeport's portfolio includes the Grasberg minerals district in Indonesia (one of the world's largest copper and gold deposits), operations in North and South America including significant open-pit and underground mines in Arizona, New Mexico, and Peru, and a world-class molybdenum operation in Colorado.
Strategy
The company's strategy focuses on safely operating high-quality, long-lived assets, advancing world-class growth projects, maintaining a strong balance sheet, and delivering cash returns to shareholders. Freeport is positioned to benefit from the increasing global demand for copper driven by electrification and energy transition.
Key Projects
Major projects include the Grasberg underground development (ramping up production to replace open pit mining), Lone Star copper project in Arizona, and the El Abra mill project in Chile. The company continues to advance brownfield expansion opportunities across its Americas operations.
Primary Commodities
Financial Metrics
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Press Releases
This Copper Stock Is Worth Mining. The Metal’s Boom Is On.
Worries about the Iran war have rocked financial markets, raising concerns that higher oil prices will lead to a global economic slowdown. Copper, one of the more highly cyclical metals, has pulled back as a result—as have shares of Freeport-McMoRan the largest copper miner in the U.S. Freeport is down more than 10% from its 52-week high.
Freeport-McMoRan (FCX) Is Down 5.5% After Grasberg Rights Extension Deal With Indonesia Government
In recent days, Freeport-McMoRan signed a memorandum of understanding with the Indonesian government to extend its Grasberg mining rights beyond the current 2041 license, agreeing to transfer an additional 12% ownership stake in the mineral rights at no cost after that date, while analysts have updated their views on the company’s role in global copper supply. This agreement helps clarify long-term access to one of Freeport-McMoRan’s most important assets, a factor that could materially...
Macro Matters: A Look at What 3 Market Indicators Are Telling Investors
Charts like the 10-year Treasury yield, the copper-to-gold ratio, and the VIX help reveal shifts in risk appetite, economic momentum, and investor sentiment.
Is Most-Watched Stock Freeport-McMoRan Inc. (FCX) Worth Betting on Now?
Freeport-McMoRan (FCX) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Freeport-McMoRan Inc. (FCX) Upgraded to Buy as Copper Outlook Improves
Freeport-McMoRan Inc. (NYSE:FCX) ranks among the best mineral stocks to invest in. On February 20, Freedom Capital Markets raised Freeport-McMoRan Inc. (NYSE:FCX) from Hold to Buy and boosted its price target to $76 from $47. The firm emphasized the company’s standing as a key copper producer, accounting for roughly 9% of global supply. According to […]
Freeport-McMoRan (FCX) Outpaces Stock Market Gains: What You Should Know
In the most recent trading session, Freeport-McMoRan (FCX) closed at $60.49, indicating a +1.9% shift from the previous trading day.
How The Freeport McMoRan (FCX) Story Is Shifting With Copper Views And Grasberg Developments
Freeport McMoRan’s fair value estimate has shifted from US$64.02 to US$66.47, an uplift of about 3.8% that puts the spotlight firmly on how the market is recalibrating expectations for the stock. This move lines up with active Street research, where several firms are reworking models and targets as they update copper price assumptions and factor in recent developments around Grasberg and Q4 realized pricing. As you read on, you will see how these changing targets feed into the evolving...
A Look At Freeport McMoRan (FCX) Valuation As Grasberg Restart Risks And Copper Volatility Sway Sentiment
Freeport-McMoRan (FCX) is in the spotlight after the 2025 mudslide at its Grasberg mine, the planned 2026 phased restart, and choppy copper prices linked to Middle East tensions, which have pulled investor attention back to risk. See our latest analysis for Freeport-McMoRan. Recent trading has been choppy, with a 1-day share price return showing a 5.27% decline and a 7-day share price return showing a 12.81% decline, even though the 90-day share price return of 31.33% and 1-year total...
Freeport Grasberg Extension And Restart Plans Meet Valuation And Risk Questions
Freeport-McMoRan (NYSE:FCX) has extended its mining rights at the Grasberg mine in Indonesia, securing operational control through at least 2041. The company agreed to expanded community investment commitments as part of the renewed terms with the Indonesian government. Freeport-McMoRan is preparing a phased restart of the Grasberg Block Cave underground mine later this year. For investors watching NYSE:FCX, the Grasberg extension secures access to one of the world's largest copper and gold...
Freeport-McMoRan's Rally Is Over—But the Bull Case Isn't
Freeport-McMoRan stock has pulled back after a strong rally. The Grasberg deal, rising copper demand, and gold exposure frame the long-term bull case.
Quick Facts
- Ticker Symbol
- FCX
- Market Cap
- Large Cap
- Category
- Copper
- Commodities
- Copper, Gold, Molybdenum
- Headquarters
- Phoenix, Arizona, USA
- Founded
- 1912
- Employees
- ~24,000
Operating Countries
Producing Assets
- •Grasberg (Indonesia)
- •Morenci (USA)
- •Cerro Verde (Peru)
- •Bagdad (USA)
- •Safford (USA)
- •Sierrita (USA)
- •El Abra (Chile)
Development Assets
- •Lone Star Copper (USA)
- •Grasberg Underground (Indonesia)
This information is for educational purposes only and does not constitute investment advice. Always conduct your own research before making investment decisions.