"One of the worst": Wildfire in Arizona mining town destroys at least 13 homes, prompts hundreds to evacuate [CBS News]
Freeport-McMoRan, Inc. (FCX)
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Source: CBS News
mining town of Bagdad, Arizona, but not before 13 homes were destroyed and hundreds of people were evacuated, CBS Phoenix affiliate KPHO-TV reports Ten outhouses and one vehicle had also been burned by the Spur Fire as of Thursday evening, according to the Arizona Department of Forestry and Fire Management. "It's one of the worst, yes," said Tiffany Davila, a spokeswoman for the state forestry agency, when asked about the damage compared to past Arizona wildfires. The Phoenix based mining company Freeport-McMoRan operates the copper/molybdenum mine in Baghdad and owns all the homes and commercial buildings in town, KPHO says. It's one of only two remaining company-owned towns in Arizona. The blaze was about 25 percent contained and has charred some 150 acres, authorities said. The Bagdad Fire and Rescue Department stopped the flames from spreading at around 9 p.m. Firefighters were keeping crews on the ground but didn't plan to use helicopters or planes. Trending News
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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