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. The company’s assets include the Grasberg minerals district in Indonesia; Morenci, Bagdad, Safford, Sierrita, and Miami in Arizona; Chino and Tyrone 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 was formerly known as Freeport-McMoRan Copper & Gold Inc. and changed its name to Freeport-McMoRan Inc. in July 2014. The company was incorporated in 1987 and is headquartered in Phoenix, Arizona.
Copper Giant's Outlook | Freeport-McMoRan shows robust financial health with $9.07B EBITDA, poised for growth amid rising copper and gold prices despite stock lag |
Indonesian Influence | Explore FCX's crucial Indonesian operations, including successful smelter ramp-up and export permit acquisition, balancing opportunity and risk |
Market Dynamics | Delve into FCX's unique position to benefit from US copper tariffs and record gold prices, with analysts projecting a $52-$58 price target range |
Future Strategies | Learn how sustained high metal prices could lead to increased shareholder returns and strategic investments, potentially boosting FCX's market position |
Metrics to compare | FCX | Sector Sector - Average of metrics from a broad group of related Basic Materials sector companies | Relationship RelationshipFCXPeersSector | |
---|---|---|---|---|
P/E Ratio | 30.1x | 8.2x | 2.2x | |
PEG Ratio | −36.65 | 0.08 | 0.00 | |
Price/Book | 3.2x | 1.7x | 1.6x | |
Price / LTM Sales | 2.2x | 2.2x | 1.3x | |
Upside (Analyst Target) | 29.9% | 13.7% | 22.1% | |
Fair Value Upside | Unlock | 17.6% | 1.7% | Unlock |