What kind of company is FCX?
What kind of company is FCX?
What kind of company is FCX?
mining company
About 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.
Is Freeport-McMoRan an ethical company?
FCX is committed to the highest level of ethical and legal conduct in all of our business activities. Acting ethically involves more than simply complying with laws and regulations; it involves recognition that our decisions affect others.
Is Freeport-McMoRan a good stock to buy?
Freeport-McMoRan has received a consensus rating of Hold. The company’s average rating score is 2.36, and is based on 7 buy ratings, 5 hold ratings, and 2 sell ratings.
How many mines does Freeport-McMoRan own?
In North America, FCX operates seven open-pit copper mines — Morenci, Bagdad, Safford, Sierrita and Miami in Arizona, and Chino and Tyrone in New Mexico; and two molybdenum mines — Henderson and Climax in Colorado.
What is Freeport-McMoRan stock symbol?
$ 51.90
| Close | Chg | Chg % |
|---|---|---|
| $51.93 | 0.48 | 0.93% |
Who built Freeport?
Freeport-McMoRan
| Type | Public |
|---|---|
| Founded | 1912 |
| Founder | Eric Pierson Swenson, et al |
| Headquarters | Freeport-McMoRan Center Phoenix |
| Area served | Worldwide |
Does Freeport mine coal?
Freeport-McMoRan Inc. is not in the coal mining business. A subsidiary of a predecessor company, Cyprus Amax Minerals Company, was a coal producer, but its coal assets were divested in the late 1990s, well before Freeport-McMoRan gained ownership of the company in 2007.
Is Freeport-McMoRan an industrial stock?
Freeport-McMoRan Inc is a strong performer in the Copper industry, which has an average overall score of 48. This means that, on average, the stocks in this industry score higher than 48% of the stock market.
Why is FCX stock going down?
The market expects China to release state reserves of copper while also possibly trimming long positions and cracking down on speculative activity. FCX gets all of its revenue from gold and copper and thus a drop in price of both these commodities has led to the stock seeing a decline of close to 11% in its value.
Who is Freeport-McMoRan (FCX)?
Freeport-McMoRan (FCX) is a leading international mining company with headquarters in Phoenix, Arizona. Our company was incorporated under the laws of the state of Delaware on November 10, 1987. We operate large, long-lived geographically diverse assets with significant proven and probable reserves of copper, gold and molybdenum.
What is Freeport Indonesia doing in Indonesia?
The Indonesian government finalized the process on December 21, 2018. Freeport is the world’s largest producer of molybdenum, and one of the largest producers of copper. In 2019, 79% of its revenues were from the sale of copper, 11% were from the sale of gold, and 8% were from the sale of molybdenum.
Did Freeport-McMoRan sell TF Holdings Limited?
“Freeport-McMoRan Announces Agreements to Sell its Interests in TF Holdings Limited for $2.65 Billion in Cash and Up to $120 Million in Contingent Consideration; and to Enter Exclusive Negotiations for the Sale of its Interests in Freeport Cobalt and Kisanfu Exploration Project for $150 Million”.