Stock of the Day: Mining firm Freeport-McMoRan jumps 4% on Trump's plan for 'copper to come home'
"American industries depend on copper, and it should be made in America, no exemptions, no exceptions," Commerce Secretary Howard Lutnick said.
Freeport-McMoRan Inc. stock outperforms competitors on strong trading day
Shares of Freeport-McMoRan Inc. FCX advanced 3.24% to $37.95 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index SPX rising 0.01% to 5,956.06 and the Dow Jones Industrial Average DJIA falling 0.43% to 43,433.12.
Analyst: Tailwinds Blowing for Freeport-McMoRan Stock
Copper mining stock Freeport-McMoRan (FCX) is trading higher before the open, after an upgrade and price-target hike at Jefferies
Freeport McMoRan 'big winner' from copper tariffs, Citi analyst says
Freeport McMoRan (NYSE:FCX) +3.9% in early trading Wednesday as Citi sees the copper miner as "the big winner" after President Trump ordered the U.S. government to explore potential new tariffs on copper imports.
Freeport-McMoran shares rise on copper tariff probe news
Investing.com -- Shares of Freeport-McMoran (NYSE: FCX) climbed 6% following President Donald Trump's announcement of a new commerce probe that could lead to tariffs on copper imports. This action is seen as a potential boon for domestic copper producers like Freeport-McMoran, as it may increase demand for locally sourced copper.
Freeport McMoRan could gain from Trump's copper tariffs: Wolfe Research
Wolfe Research's Timna Tanners shares her top stock picks in light of President Trump's proposed tariffs. She expects the copper market will remain balanced, as demand from connected industries have levelled off drastically and large supply projects have come online.
Freeport-McMoRan, Southern Copper Stocks Gain As Trump Eyes Tariffs – Retail Sentiment Improves
Shares of copper miner Freeport-McMoRan Inc. (FCX) jumped by over 4% during morning trade on Wednesday after Reuters reported that President Donald Trump has ordered an investigation into potential new tariffs on copper imports,
Freeport McMoRan raised at Jefferies on potential tariff benefit, encouraging Indonesia update
Freeport McMoRan (NYSE:FCX) trades little changed Thursday as Jefferies upgrades shares to Buy from Hold with a $48 price ...
Freeport-McMoRan upgraded to Buy from Hold at Jefferies
Jefferies upgraded Freeport-McMoRan (FCX) to Buy from Hold with a price target of $48, up from $40. The firm had downgraded the stock just ...
Looking At Freeport-McMoRan's Recent Unusual Options Activity
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $30.0 to $45.0 for Freeport-McMoRan over the last 3 months.
Freeport-McMoRan: The Copper Market Could Plunge As Chinese Stimulus Hopes Fade
Freeport-McMoRan recently lowered sales guidance and raised projections for capital expenditures. See why I rate FCX stock a ...
Zacks.com on MSN1d
FCX Trades at Premium Valuation: Buy, Sell or Hold the Stock?
Freeport-McMoRan Inc. FCX is currently trading at a forward price/earnings of 21.65X, a roughly 10% premium to the Zacks ...
Truist Financial Corp Raises Position in Freeport-McMoRan Inc. (NYSE:FCX)
Truist Financial Corp grew its holdings in shares of Freeport-McMoRan Inc. (NYSE:FCX – Free Report) by 1.7% in the fourth ...
Seeking Alpha9d
FCX Freeport-McMoRan Inc.
Freeport-McMoRan Inc. engages in the mining of mineral properties in North America, South America, and Indonesia. It primarily explores for copper, gold, molybdenum, silver, and other metals.