Freeport Mcmoran Copper Gold Stock Today

FCX Stock  USD 44.18  1.09  2.41%   

Performance

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Odds Of Distress

Less than 2

 
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Freeport McMoran is trading at 44.18 as of the 25th of July 2024; that is 2.41 percent decrease since the beginning of the trading day. The stock's open price was 45.27. Freeport McMoran has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Note, on July 12, 2024, Senator John Fetterman of US Senate acquired under $15k worth of Freeport McMoran Copper's common stock.
Business Domain
Materials
IPO Date
10th of July 1995
Category
Basic Materials
Freeport-McMoRan Inc. engages in the mining of mineral properties in North America, South America, and Indonesia. Freeport-McMoRan Inc. was incorporated in 1987 and is headquartered in Phoenix, Arizona. Freeport Mcmoran operates under Copper classification in the United States and is traded on New York Stock Exchange. The company has 1.44 B outstanding shares of which 21.64 M shares are currently shorted by investors with about 1.72 days to cover. More on Freeport McMoran Copper Gold

Moving together with Freeport Stock

  0.67AA Alcoa Corp Fiscal Year End 15th of January 2025 PairCorr

Moving against Freeport Stock

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Freeport Stock Highlights

ESG Sustainability
Environmental
Governance
Social
ChairmanGerald Ford
Thematic Ideas
Showing 3 out of 4 themes
Business ConcentrationMetals & Mining, Materials, Basic Materials, NYSE Composite, SP 500 Index, Philadelphia GoldSilver, NYSE 100 Index, Stlmt ID PHLX, Hedge Favorites, Climate Change, Non-Metallic and Industrial Metal Mining, Manufacturing, Materials, Metals & Mining, Copper, Basic Materials (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.580.4325
Significantly Up
Slightly volatile
Total Current Liabilities6.1 B5.8 B
Sufficiently Up
Slightly volatile
Non Current Liabilities Total10.9 B19.4 B
Way Down
Pretty Stable
Total Assets55.1 B52.5 B
Sufficiently Up
Slightly volatile
Total Current Assets14.8 B14.1 B
Sufficiently Up
Slightly volatile
Total Cash From Operating Activities2.8 B5.3 B
Way Down
Very volatile
Debt Levels
Freeport McMoran can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Freeport McMoran's financial leverage. It provides some insight into what part of Freeport McMoran's total assets is financed by creditors.
Liquidity
Freeport McMoran Copper Gold has 9.85 B in debt with debt to equity (D/E) ratio of 0.44, which is OK given its current industry classification. Freeport McMoran Copper has a current ratio of 2.51, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Note however, debt could still be an excellent tool for Freeport to invest in growth at high rates of return.

Capital Expenditures

5.07 Billion
Freeport McMoran Copper Gold (FCX) is traded on New York Stock Exchange in USA. It is located in 333 North Central Avenue, Phoenix, AZ, United States, 85004-2189 and employs 27,200 people. Freeport McMoran is listed under Metals & Mining category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a total capitalization of 63.46 B. Freeport McMoran Copper runs under Metals & Mining sector within Materials industry. The entity has 1.44 B outstanding shares of which 21.64 M shares are currently shorted by investors with about 1.72 days to cover. Freeport McMoran Copper Gold has about 8.15 B in cash with 5.28 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 6.0.
Check Freeport McMoran Probability Of Bankruptcy
Ownership Allocation
The majority of Freeport McMoran Copper Gold outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to obtain positions in Freeport McMoran Copper to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Freeport McMoran. Please pay attention to any change in the institutional holdings of Freeport McMoran Copper Gold as this could imply that something significant has changed or is about to change at the company. Please note that on July 12, 2024, Senator John Fetterman of US Senate acquired under $15k worth of Freeport McMoran Copper's common stock.
Check Freeport Ownership Details

Freeport Stock Institutional Holders

InstituionRecorded OnShares
Morgan Stanley - Brokerage Accounts2024-03-31
18.9 M
Bank Of America Corp2024-03-31
17.9 M
Putnam Investments, Llc., A Franklin Templeton Company2023-12-31
16.6 M
Northern Trust Corp2024-03-31
16.4 M
Capital World Investors2024-03-31
15.2 M
Jpmorgan Chase & Co2024-03-31
14.9 M
Clearbridge Advisors, Llc2024-03-31
14.5 M
Ameriprise Financial Inc2024-03-31
12.4 M
Hhg Plc2024-03-31
11.8 M
Vanguard Group Inc2024-03-31
120.7 M
Blackrock Inc2024-03-31
108.9 M
View Freeport McMoran Diagnostics

Freeport McMoran Historical Income Statement

At this time, Freeport McMoran's Income Tax Expense is fairly stable compared to the past year. Net Income Applicable To Common Shares is likely to rise to about 4.2 B in 2024, whereas Depreciation And Amortization is likely to drop slightly above 1.1 B in 2024. View More Fundamentals

Freeport Stock Against Markets

Freeport McMoran Corporate Directors

Dustan McCoyLead Independent DirectorProfile
Frances TownsendIndependent DirectorProfile
David JointDirector - Investor RelationsProfile
Lydia KennardIndependent DirectorProfile

Additional Tools for Freeport Stock Analysis

When running Freeport McMoran's price analysis, check to measure Freeport McMoran's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Freeport McMoran is operating at the current time. Most of Freeport McMoran's value examination focuses on studying past and present price action to predict the probability of Freeport McMoran's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Freeport McMoran's price. Additionally, you may evaluate how the addition of Freeport McMoran to your portfolios can decrease your overall portfolio volatility.