METALS-London copper rises after miner forecasts lower output [Reuters]
Freeport-McMoRan, Inc. (FCX)
Last freeport-mcmoran, inc. earnings: 4/24 07:30 am
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Source: Reuters
METALS-London copper rises after miner forecasts lower output BEIJING, Jan 25 (Reuters) - London copper prices edged up inearly Asian trade on Friday, clawing back some of the previoussession's losses after the world's second-biggest copper minerforecast a drop in output in 2019. Copper remains on course to shed 1.9 percent in London thisweek on fears China's slowing economy will reduce demand. Thatwould mark its steepest weekly drop since the week ended Dec.21. FUNDAMENTALS * LME COPPER: Three-month copper on the London MetalExchange had inched up 0.3 percent to $5,939.50 a tonneas of 0201 GMT, after closing down 0.5 percent in the previoussession. The most-traded March copper contract on the ShanghaiFutures Exchange was down 0.1 percent at 47,340 yuan ($6,974.79) a tonne. * FREEPORT: Freeport McMoRan Inc shares slid 9percent on Thursday after the world's second-largest copperminer posted lower-than-expected quarterly profit and forecast adrop in 2019 production. * U.S
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News
- Freeport-McMoRan Inc. (NYSE: FCX) had its price target raised by analysts at Raymond James from $49.50 to $54.00. They now have an "outperform" rating on the stock.MarketBeat
- Freeport-McMoRan Inc. (NYSE: FCX) had its price target lowered by analysts at Scotiabank from $55.00 to $53.00. They now have a "sector outperform" rating on the stock.MarketBeat
- Freeport-McMoRan Inc. (NYSE: FCX) had its price target lowered by analysts at JPMorgan Chase & Co. from $52.00 to $51.00. They now have a "neutral" rating on the stock.MarketBeat
- Freeport-McMoRan Inc. (NYSE:FCX) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Compared to Estimates, Freeport-McMoRan (FCX) Q1 Earnings: A Look at Key Metrics [Yahoo! Finance]Yahoo! Finance
FCX
Earnings
- 4/24/24 - Beat
FCX
Sec Filings
- 4/23/24 - Form 8-K
- 4/16/24 - Form PRE
- 4/2/24 - Form 4
- FCX's page on the SEC website