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Freeport-McMoRan Inc (NYSE:FCX) has been upgraded to Buy in a statement by ValuEngine earlier today.

ValuEngine has upgraded Freeport-McMoRan Inc (NYSE:FCX) to Buy in a statement released on 7/6/2017.

Having a price of $12.02, Freeport-McMoRan Inc (NYSE:FCX) traded -1.34% lower on the day. With the last close down 6.46% from the two hundred day average, compared with the Standard & Poor's 500 Index which has increased 0.05% over the same period. FCX has recorded a 50-day average of $13.24 and a two hundred day average of $13.11. Trade Volume was up over the average, with 19,768,300 shares of FCX changing hands over the typical 18,671,900

Recent Performance Chart

Freeport-McMoRan Inc (NYSE:FCX)

Freeport-McMoRan Inc has PE ratio of 19.69 with a one year low of $9.24 and a one year high of $17.06 and has a market capitalization of $0.

A total of 14 analysts have released a report on Freeport-McMoRan Inc. zero analysts rating the company a strong buy, four analysts rating the company a buy, sixteen analysts rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $10.91.

General Company Details For Freeport-McMoRan Inc (NYSE:FCX)

Freeport-McMoRan Inc. (FCX) is a mining company. The Company operates through geographical assets with proven and probable reserves of copper, gold and molybdenum, and traded copper producer. The Company's segments include refined copper products, copper in concentrate, gold, molybdenum, oil and other. The Company's segments include the Morenci, Cerro Verde, Grasberg copper mines, the Rod & Refining operations and the United States (U.S.) Oil and Gas Operations. The Company has organized its operations into five divisions, which include North America copper mines, South America mining, Indonesia mining and Molybdenum mines. The Company's portfolio of assets includes the Grasberg minerals district in Indonesia, copper and gold deposits, and mining operations in the Americas, including the large-scale Morenci minerals district in North America and the Cerro Verde operation in South America.

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