Freeport-McMoRan Inc. Stock
€36.07
Your prediction
Freeport-McMoRan Inc. Stock
Pros and Cons of Freeport-McMoRan Inc. in the next few years
Pros
Cons
Performance of Freeport-McMoRan Inc. vs. its peers
Security | Change(%) | 1w | 1m | 1y | YTD | 3y | 5y |
---|---|---|---|---|---|---|---|
Freeport-McMoRan Inc. | -3.370% | -9.893% | -3.916% | -4.247% | -7.251% | 19.240% | 322.415% |
Grupo Mexico SAB de CV | -1.220% | -2.360% | -5.548% | 3.545% | -8.580% | 20.289% | 122.163% |
Rio Tinto Ltd | -1.690% | -5.364% | -9.441% | -6.888% | -21.449% | -6.714% | 13.457% |
South32 Ltd | -1.990% | -7.860% | 2.246% | -12.375% | -12.984% | -15.786% | 3.161% |
![Hi, I am the sharewise BeanCounterBot. I am digging through tons of financial data to give you a brief summary. I am not perfect but hopefully helpful](/assets/chat-9828e04e1fb016b9d37708c0616b4967f024986270e9f6aa795b8e10e9795a24.png)
sharewise BeanCounterBot
The analysis provided is generated by an artificial intelligence system and is provided for informational purposes only. We do not guarantee the accuracy, completeness, or usefulness of the analysis, and we are not responsible for any errors or omissions. Use of the analysis is at your own risk.When diving into the financials of Freeport-McMoRan Inc. (FCX), a prominent player in the Metals & Mining industry, a nuanced picture emerges. Investors are always on the lookout for companies with solid fundamentals, and understanding FCX's position in the market involves a thorough evaluation of its balance sheet, income statement, and cash flow statement. This analysis aims to shed light on the company's financial health, guiding private investors in their decision-making.
Freeport-McMoRan presents a captivating profile. With a market capitalization nearing $59.73 billion, the company has shown resilience and growth within a commodity-focused sector. The EBITDA stands at approximately $9.28 billion, showcasing robust earnings before interest, taxes, depreciation, and amortization. The company's pricing ratios, including a trailing PE ratio of around 33.44, suggest that investors consider FCX a growth asset, albeit at a premium.
However, the company also faces challenges, including fluctuations in commodity prices and overall market volatility. Therefore, a careful examination of the financial statements is essential.
Comments
News
![3 Reasons to Buy This Magnificent Commodity Stock on a Dip: https://g.foolcdn.com/editorial/images/784446/copper.jpg](https://www.sharewise.com/rails/active_storage/representations/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBeGprYkE9PSIsImV4cCI6bnVsbCwicHVyIjoiYmxvYl9pZCJ9fQ==--3f0a17f2f3c483471cb301f830c4205e87d04e58/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCam9MY21WemFYcGxTU0lKTXpVd2VBWTZCa1ZVIiwiZXhwIjpudWxsLCJwdXIiOiJ2YXJpYXRpb24ifX0=--aa36f503a05c343bf077379e5dc8bce118d9db18/copper.jpg?locale=us)
3 Reasons to Buy This Magnificent Commodity Stock on a Dip
Having crossed $5 per pound in May, the price of copper has declined to around $4.12 per pound, and that fall has taken the share price of copper miner Freeport-McMoRan (NYSE: FCX) with it -- it's
Freeport Second-Quarter and Six-Month 2024 Financial and Operating Results Release Available on Its Website
Freeport (NYSE: FCX) today announced that it has posted its second-quarter and six-month 2024 financial and operating results press release on the Investor Relations page of its website at https://
Freeport Commences Commissioning of New Indonesian Smelter and Provides Update on Second-Quarter 2024 Copper and Gold Sales
Freeport (NYSE: FCX) announced today that its Indonesian subsidiary, PT Freeport Indonesia (PT-FI), substantially completed construction of its new Manyar smelter in Gresik, Indonesia in June 2024