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Stock impact report

Is Freeport-McMoRan Still Attractive After a 25% Rally and Strong Copper Optimism? [Yahoo! Finance]

Freeport-McMoRan, Inc. (FCX) 
Last freeport-mcmoran, inc. earnings: 4/24 07:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
The stock has been on a strong run lately, up 4.8% over the last week, 18.0% over the past month, and 25.1% year to date, adding to a 105.5% gain over five years. These moves have come as investors refocus on copper's role in electrification and infrastructure, with headlines around supply constraints and long dated demand from renewable projects putting producers like Freeport McMoRan back in the spotlight. At the same time, shifting expectations for interest rates and growth have been affecting the broader materials sector and amplifying the swings in mining stocks. Despite the excitement, Freeport McMoRan only scores a 2/6 valuation check score . This suggests the market may be closer to fair value than the recent rally implies, at least by some traditional metrics. Next, we will break down what different valuation approaches say about the stock and introduce a more nuanced way to think about value that we will return to at the end. Freeport-McMoRan scores just 2/6 on our va Show less Read more
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