Freeport-McMoRan: Copper Supply Disruptions And Use Of Metal To Fight COVID-19 Will Increase Price [Seeking Alpha]
Freeport-McMoRan, Inc. (FCX)
Last freeport-mcmoran, inc. earnings: 4/24 07:30 am
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Source: Seeking Alpha
SummaryCopper is slated for a significant increase with a metric ton of the basic metal headed for the $6,000 mark before 2021.Smart manufacturing that influenced the production of electric cars is expected to grow at a CAGR of 12.4% and will be worth $384.8 billion by 2025.Incorporation of copper in the fight against COVID-19 will rapidly increase the demand for the metal, especially in China where it first began.ThesisDespite a rapid annual decline of up to 42.32%, Freeport-McMoRan's (FCXCopper Supply DisruptionsFreeport-McMoRan, which is undoubtedly the world'slargestrecently tested positiveThe Peruvian mine of Cerro Verde is also facing a tight schedule after the government announced plans to declare a state of emergency over the COVID-19 pandemic on April 12, 2020. Freeport-McMoRanTo reduce company costs and capital expenditures during the pandemic, FCX suspended its quarterly dividend scheduled for May 1, 2020. On March 23, 2020, the companytotal cash balanceBHP Group (highest v
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FCX
News
- Freeport-McMoRan (NYSE:FCX) had its price target raised by analysts at JPMorgan Chase & Co. from $50.00 to $58.00. They now have an "overweight" rating on the stock.MarketBeat
- Freeport-McMoRan (NYSE:FCX) had its price target lowered by analysts at BNP Paribas Exane from $58.00 to $56.00. They now have an "outperform" rating on the stock.MarketBeat
- FCX Investors Have Opportunity to Lead Freeport-McMoRan Inc. Securities Fraud Lawsuit with the Schall Law FirmGlobeNewswire
- Freeport-McMoRan Inc. (FCX) Investors are Encouraged to Act before the Upcoming January 12 Securities Fraud Deadline – Contact BFA Law if You Lost MoneyGlobeNewswire
- Freeport-McMoRan Inc. Securities Fraud Class Action Lawsuit Pending: Contact Levi & Korsinsky Before January 12, 2026 to Discuss Your Rights – FCXGlobeNewswire
FCX
Earnings
- 10/24/25 - Beat
FCX
Sec Filings
- 12/2/25 - Form 4
- 11/18/25 - Form 8-K
- 11/6/25 - Form 10-Q
- FCX's page on the SEC website