Freeport-McMoRan found using ticker (FCX) have now 20 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 60 and 28 with the average target price sitting at 46. Now with the previous closing price of 44.52 this indicates there is a potential upside of 3.3%. The day 50 moving average is 42.99 and the 200 day MA is 38.45. The company has a market capitalisation of $67,905m. You can visit the company’s website by visiting: https://fcx.com
The potential market cap would be $70,162m based on the market concensus.
Freeport-McMoRan . engages in the mining of mineral properties in North America, South America, and Indonesia. The company primarily explores for copper, gold, molybdenum, silver, and other metals, as well as oil and gas. Its assets lude the Grasberg minerals district in Indonesia; Morenci, Bagdad, Safford, Sierrita, and Miami in Arizona; Tyrone and Chino in New Mexico; and Henderson and Climax in Colorado, North America, as well as Cerro Verde in Peru and El Abra in Chile. The company also operates a portfolio of oil and gas properties primarily located in offshore California and the Gulf of Mexico. As of December 31, 2021, it operated approximately 135 wells. The company was formerly known as Freeport-McMoRan Copper & Gold . and changed its name to Freeport-McMoRan . in July 2014. Freeport-McMoRan . was orporated in 1987 and is headquartered in Phoenix, Arizona.
