Freeport-McMoran (FCX) Shares are Down -9.02%

Freeport-McMoran (FCX) : During the past 4 weeks, traders have been relatively bearish on Freeport-McMoran (FCX), hence the stock is down -15.8% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -8.42% relative to the S&P 500. The 4-week change in the price of the stock is -15.97% and the stock has fallen -9.02% in the past 1 week.

Company shares have received an average consensus rating of Hold for the current week The stock has recorded a twenty day Moving Average of 9.83% and the fifty day Moving Average is 8.62%. Freeport-McMoRan Inc. has dropped 2.24% during the last three month period . Year-to-Date the stock performance stands at 60.86%.

Freeport-McMoran (FCX) : Average target price received by Freeport-McMoran (FCX) is $11.5 with an expected standard deviation of $2.28. The most aggressive target on the stock is $15, whereas the most downbeat target is $8. 11 financial analysts are currently covering the stock.


Freeport-McMoran (NYSE:FCX): On Fridays trading session , Opening price of the stock was $11.24 with an intraday high of $11.58. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $10.82. However, the stock managed to close at $10.89, a loss of 1.80% for the day. On the previous day, the stock had closed at $11.09. The total traded volume of the day was 32,804,817 shares.

Freeport-McMoRan Inc. (FCX) is a natural resource company with an industry portfolio of mineral assets, oil and natural gas resources, and a production profile. FCX has organized its operations into six primary divisions: North America copper mines, South America mining, Indonesia mining, Africa mining, Molybdenum mines, and United States oil and gas operations. The Companys portfolio of assets includes the Grasberg minerals district in Indonesia, mining operations in North and South America, the Tenke Fungurume (Tenke) minerals district in the Democratic Republic of Congo (DRC) in Africa, and oil and natural gas assets in North America. The Company is also engaged in operating copper conversion facilities located in North America, and a refinery, three rod mills and a specialty copper products facility. The Companys Atlantic Copper smelts and refines copper concentrates and markets refined copper and precious metals in slimes.

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