Freeport-McMoRan Inc. 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. Its 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.
Research context
Freeport-McMoran Copper & Gold Inc appears in PyInvesting’s US Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- USD
- Sector
- Basic Materials
- Industry
- Copper
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5 years, 6 months ago
Freeport-McMoRan Inc is currently in a long term uptrend where the price is trading 12.3% above its 200 day moving average.
From a valuation standpoint, the stock is 63.4% cheaper than other stocks from the Basic Materials sector with a price to sales ratio of 3.6.
Freeport-McMoRan Inc's total revenue rose by 14.9% to $4B since the same quarter in the previous year.
Its net income has increased by 7766.7% to $708M since the same quarter in the previous year.
Finally, its free cash flow grew by 269.2% to $939M since the same quarter in the previous year.
Based on the above factors, Freeport-McMoRan Inc gets an overall score of 5/5.