June 7, 2019 Price forecast | 2 weeks: 1.99% | 1 month: 1.56% | 3 months: 1.25%


FCX stock forecast

Our latest prediction for Freeport-McMoRan, Inc.'s stock price was made on the June 7, 2019 when the stock price was at 10.35$.

In the short term (2weeks), FCX's stock price should outperform the market by 1.99%. During that period the price should oscillate between -5.02% and +6.71%.

In the medium term (3months), FCX's stock price should outperform the market by 1.25%. During that period the price should oscillate between -11.47% and +17.60%.


About Freeport-McMoRan, Inc.

Freeport-McMoRan, Inc. engages in the mining of copper, gold, and molybdenum. It operates through the following segments: North America Copper Mines; South America Mining; Indonesia Mining; Molybdenum Mines; Rod and Refining; Atlantic Copper Smelting and Refining; and Corporate, Other, and Eliminations. The North America Copper Mines segment operates open-pit copper mines in Morenci, Bagdad, Safford, Sierrita and Miami in Arizona; and Chino and Tyrone in New Mexico. The South America Mining segment includes Cerro Verde in Peru and El Abra in Chile. The Indonesia Mining segment handles the operations of Grasberg minerals district that produces copper concentrate that contains significant quantities of gold and silver. The Molybdenum Mines segment includes the Henderson underground mine and Climax open-pit mine, both in Colorado. The Rod and Refining segment consists of copper conversion facilities located in North America, and includes a refinery, rod mills, and a specialty copper products facility. The Atlantic Copper Smelting and Refining segment smelts and refines copper concentrate and markets refined copper and precious metals in slimes. The Corporate, Other, and Eliminations segment consists of other mining and eliminations, oil and gas operations, and other corporate and elimination items. The company was founded by James R. Moffett on November 10, 1987 and is headquartered in Phoenix, AZ.

At the moment the company generates 17552M USD in revenues.

On its last earning announcement, the company reported a profit of 1.33$ per share.

The book value per share is 6.54$

Freeport-McMoRan, Inc. website


Three months stock forecastJune 7, 2019


Financials

Revenue USD Gross Margin Operating Income Operating Margin Net Income Earnings Per Share Dividends Payout Ratio Shares Book Value Per Share Operating Cash Flow Cap Spending Free Cash Flow
17552M 23.00% 3386M 19.30% 1941M 1.33 0.20 2.50% 1458M 6.54 3028M -2109M 919M