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Stock impact report

How Investors May Respond To Freeport-McMoRan (FCX) Earnings Beat And Grasberg Recovery Progress [Yahoo! Finance]

Freeport-McMoRan, Inc. (FCX) 
Last freeport-mcmoran, inc. earnings: 4/24 07:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
of US$406 million, with full-year sales of US$25.92 billion and net income of US$2.20 billion. Despite production pressure from the Grasberg mudflow incident, higher copper and gold prices and progress on restoring Indonesian operations supported stronger earnings and reinforced the company's long-term growth projects in the Americas and Asia. We'll now look at how Grasberg's recovery progress and better-than-expected earnings shape Freeport-McMoRan's investment narrative for investors. Rare earth metals are an input to most high-tech devices, military and defence systems and electric vehicles. The global race is on to secure supply of these critical minerals. Beat the pack to uncover the 32 best rare earth metal stocks of the very few that mine this essential strategic resource. To own Freeport-McMoRan, you really need to believe in its copper and gold footprint and the company's ability to manage operational shocks without derailing its longer-term project pipeline. The late Show less Read more
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