Live Analysis: Freeport-McMoRan Inc. (FCX) is currently priced at $58.45, reflecting a decrease of $-2.12 (-3.5%) from the previous close at $60.57. The trading volume stands at $4.44 million, representing a 23.17% increase relative to the average.
Performance Streak: FCX has experienced a three-day streak of declining prices, with a total absolute change of $-11.91 (-16.93%) since it started at $70.36.
Earnings Overview: FCX's latest quarterly earnings report on Wednesday, April 22nd, showed a consensus estimated EPS of 0.48.
Dividends: The forward dividend yield for FCX is at 1.03%, with a dividend per share MRQ of 15 cents and a year-over-year decrease of 25 cents, now at 60 cents TTM.
Grades: UBS maintained FCX's grade at "Buy" on April 24th, with the stock price at $60.7. The current action is to "hold."
Cash Flow: FCX reported a free cash flow of $522 million, with operating cash flow at $1.50 billion and a net change in cash of -$24 million.
Income Statement: FCX's net income stands at $881 million, with an EPS of 61 cents and a gross profit of $1.66 billion.
Ratios: FCX's key ratios include a net profit margin of 14.13%, return on equity of 4.52%, and a price-to-earnings ratio of 24.09.
Balance Sheet: FCX shows strong financial positioning with total assets of $58.84 billion and total liabilities of $27.33 billion.
This comprehensive analysis reflects the ongoing market challenges impacting FCX's performance.
Freeport-McMoRan Inc. engages in the mining of mineral properties in North America, South America, and Indonesia. The company primarily explores for copper, gold, molybdenum, silver, and other metals, as well as oil and gas. Its assets include the Grasberg minerals district in Indonesia; Morenci, Bagdad, Safford, Sierrita, and Miami in Arizona; Tyrone and Chino in New Mexico; and Henderson and Climax in Colorado, North America, as well as Cerro Verde in Peru and El Abra in Chile. The company also operates a portfolio of oil and gas properties primarily located in offshore California and the Gulf of Mexico. As of December 31, 2021, it operated approximately 135 wells. The company was formerly known as Freeport-McMoRan Copper & Gold Inc. and changed its name to Freeport-McMoRan Inc. in July 2014. Freeport-McMoRan Inc. was incorporated in 1987 and is headquartered in Phoenix, Arizona.