NYSE:FCXMetals and Mining
A Look At Freeport McMoRan (FCX) Valuation As Grasberg Deal And Copper Upgrade Lift Growth Hopes
Freeport-McMoRan (FCX) is back in focus after an analyst upgrade tied to a stronger copper outlook, a new Grasberg mine rights agreement in Indonesia, and upbeat earnings expectations that have drawn renewed attention from investors.
See our latest analysis for Freeport-McMoRan.
Those copper tailwinds and the Grasberg agreement come after a mixed stretch for the stock, with a 27.92% 90 day share price return and a 69.65% 1 year total shareholder return suggesting that momentum has been...