Freeport-McMoRan Inc
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Materials : Metals & Mining | Large Cap Growth
Company profile

Freeport-McMoRan Inc. (FCX) is a mining company. The Company operates through geographical assets with proven and probable reserves of copper, gold and molybdenum, and traded copper producer. The Company's segments include refined copper products, copper in concentrate, gold, molybdenum, oil and other. The Company's segments include the Morenci, Cerro Verde, Grasberg copper mines, the Rod & Refining operations and the United States (U.S.) Oil and Gas Operations. The Company has organized its operations into five divisions, which include North America copper mines, South America mining, Indonesia mining and Molybdenum mines. The Company's portfolio of assets includes the Grasberg minerals district in Indonesia, copper and gold deposits, and mining operations in the Americas, including the large-scale Morenci minerals district in North America and the Cerro Verde operation in South America.

Closing Price
$44.08
Day's Change
-0.25 (-0.56%)
Bid
--
Ask
--
B/A Size
--
Day's High
44.46
Day's Low
43.06
Volume
(Above Average)
Volume:
19,204,609

10-day average volume:
16,953,216
19,204,609

Freeport-McMoRan Inc. Stock Outperforms Market On Strong Trading Day

4:53 pm ET December 2, 2021 (MarketWatch)
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This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Freeport-McMoRan Inc. (FCX) rose 2.40% to $37.10 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.42% to 4,577.10 and the Dow Jones Industrial Average rising 1.82% to 34,639.79. The stock's rise snapped a two-day losing streak. Freeport-McMoRan Inc. closed $9.00 below its 52-week high ($46.10), which the company achieved on May 10th.

The stock underperformed when compared to some of its competitors Thursday, as BHP Group PLC ADR (BHP.LN) rose 5.08% to $56.84, BHP Group Ltd. ADR (BHP.AU) rose 4.32% to $57.66, and Rio Tinto PLC ADR (RIO.LN) rose 3.17% to $64.13. Trading volume (18.5 M) remained 974,637 below its 50-day average volume of 19.5 M.

Data source: Dow Jones Market Data, FactSet. Data compiled December 2, 2021.

-MarketWatch Automation

	

(END) Dow Jones Newswires

December 02, 2021 16:53 ET (21:53 GMT)

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