Live Analysis Freeport-McMoRan Inc. (FCX) saw a price drop of $2.31, marking a -3.82% decrease from the previous close, now at $58.26. Trading volume surged to $6.91 million, 36.06% above the average.
Performance Streak FCX is on a three-day downward streak, with a -17.2% change from a starting price of $70.36, resulting in a $-12.1 drop.
Earnings Overview FCX's latest quarterly earnings report on Wednesday, April 22nd, revealed a consensus estimate EPS of 0.48.
Dividends The forward dividend yield stands at 1.03%, with a quarterly dividend per share of 15 cents and a year-over-year decrease of -25 cents.
Grades UBS maintained a "Buy" rating on FCX with a price of $60.7, but the recent action is on hold.
Cash Flow FCX reported a free cash flow of $522 million, with a net cash decrease of $24 million, ending at $4.15 billion.
Income Statement FCX generated $6.23 billion in revenue with a net income of $881 million, resulting in an EPS of 61 cents.
Ratios 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 With total assets at $58.84 billion and total liabilities at $27.33 billion, FCX maintains a strong financial position.
This real-time financial report on FCX highlights recent performance and key financial metrics, emphasizing the impact of earnings and market trends on the asset.
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.