Freeport-McMoRan(FCX)
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Bank Of America's Top 3 Commodity Stock Picks For 2026
Yahoo Finance· 2026-01-10 16:01
Core Viewpoint - Bank of America advises commodity investors to focus on gold, capitalize on uranium's rally, and invest in copper before market adjustments occur [1] Group 1: Macro Forces Impacting Commodities - The firm identifies four macro forces influencing commodity prices: rising U.S. industrial policy, a potentially weaker U.S. dollar, persistent geopolitical tensions, and increasing uncertainty around tariffs [1][2] - Policy decisions, rather than just supply and demand, are expected to drive metals pricing in 2026 [2] Group 2: Precious Metals Insights - Bank of America highlights Agnico Eagle Mines for its consistent execution and growth potential, citing its history of meeting production guidance and focus on low-risk Canadian assets [4] - The firm sets a price target of $227 for Agnico Eagle Mines, indicating a potential upside of approximately 26% from early January levels [5] - The forecast for gold is aggressive, with an average price expected to reach $4,538 per ounce in 2026, representing a 32% year-over-year increase, with a potential upside scenario of $5,000 per ounce [5] Group 3: Uranium and Copper Outlook - Cameco is identified as the top nuclear energy and fuel pick for 2026, with a revised price target increased from $115 to $125 per share [6] - Key themes for uranium include rising electrical energy demand, U.S. trade and industrial policy, Japan's nuclear restarts, new builds, and supply disruptions [7] - Freeport-McMoRan is noted as the preferred choice for copper exposure [8]
Five Copper Miners Leading the Commodity Rally as Producers Post Explosive Monthly Returns
247Wallst· 2026-01-10 14:34
Core Viewpoint - The copper market has experienced significant growth recently, driven by expectations of increased infrastructure spending and demand related to energy transition [1] Industry Summary - Producers and miners in the copper sector have reported double-digit gains, indicating a strong market response to anticipated investments [1]
FCX INVESTORS: Contact Kirby McInerney LLP About Securities Class Action Lawsuit On Behalf of Freeport-McMoran Inc.
Businesswire· 2026-01-10 01:00
NEW YORK--(BUSINESS WIRE)--The law firm of Kirby McInerney LLP reminds Freeport-McMoran Inc. ("Freeport†or the "Company†) (NYSE:FCX) investors of the January 12, 2026 deadline to seek lead plaintiff appointment in the class action filed on behalf of investors who acquired Freeport securities between February 15, 2022 through September 24, 2025 ("the Class Period†). Follow the link below for more information: [LEARN MORE ABOUT THE LEAD PLAINTIFF PROCESS] What Is The Lawsuit About? Kirby McInerney LLP is ...
FCX DEADLINE: ROSEN, NATIONAL INVESTOR COUNSEL, Encourages Freeport-McMoRan Inc. Investors to Secure Counsel Before Important January 12 Deadline in Securities Class Action First Filed by the Firm - FCX
Globenewswire· 2026-01-10 00:33
Core Viewpoint - Rosen Law Firm is reminding investors who purchased Freeport-McMoRan Inc. securities between February 15, 2022, and September 24, 2025, of the January 12, 2026, deadline to become lead plaintiffs in a securities class action lawsuit [1]. Group 1: Class Action Details - Investors who purchased Freeport-McMoRan securities during the specified Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and interested parties must move the Court to serve as lead plaintiff by January 12, 2026 [3]. - The Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions [4]. Group 2: Case Allegations - The lawsuit alleges that Freeport-McMoRan made false and misleading statements regarding safety at the Grasberg Block Cave mine in Indonesia, which posed a heightened risk to workers [5]. - It is claimed that the lack of proper safety measures constituted undisclosed risks that could lead to regulatory, litigation, and reputational issues for the company [5]. - The lawsuit asserts that the misleading statements about Freeport-McMoRan's business and operations resulted in investor damages when the true information became public [5].
Deadline Soon: Freeport-McMoran Inc. (FCX) Shareholders Who Lost Money Urged To Contact The Law Offices of Frank R. Cruz About Securities Fraud Lawsuit
Businesswire· 2026-01-09 18:49
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz reminds investors of the upcoming January 12, 2026 deadline to participate as a lead plaintiff in the securities fraud class action lawsuit filed on behalf of investors who acquired Freeport-McMoran Inc. ("Freeport†or the "Company†) (NYSE: FCX) securities between February 15, 2022 and September 24, 2025, inclusive (the "Class Period†). IF YOU ARE AN INVESTOR WHO LOST MONEY ON FREEPORT-MCMORAN INC. (FCX), CLICK HERE TO PARTICIPATE I. ...
FREEPORT URGENT CLASS ACTION DEADLINE 1/12: Bragar Eagel & Squire, P.C. Announces that a Class Action Lawsuit Has Been Filed Against Freeport-McMoran Inc. and Encourages Investors to Contact the Firm Before January 12th
Globenewswire· 2026-01-09 17:19
Bragar Eagel & Squire, P.C. Litigation Partner Brandon Walker Encourages Investors Who Suffered Losses In Freeport (FCX) To Contact Him Directly To Discuss Their Options If you purchased or acquired Freeport securities between February 15, 2022 and September 24, 2025 and would like to discuss your legal rights, call Bragar Eagel & Squire partner Brandon Walker or Melissa Forunato directly at (212) 355-4648. Click here to participate in the action. NEW YORK, Jan. 09, 2026 (GLOBE NEWSWIRE) -- What’s Happenin ...
MONDAY DEADLINE: Freeport-McMoRan Inc. Investors with Substantial Losses Have Opportunity to Lead Securities Class Action Lawsuit
TMX Newsfile· 2026-01-09 11:30
Core Viewpoint - The Freeport-McMoRan class action lawsuit alleges violations of the Securities Exchange Act of 1934, focusing on safety issues at the Grasberg mine and the subsequent impact on stock prices due to disclosures of incidents and regulatory risks [1][3][4]. Group 1: Class Action Details - The class action lawsuit is titled Reed v. Freeport-McMoRan Inc., and it involves purchasers of Freeport-McMoRan securities from February 15, 2022, to September 24, 2025 [1]. - Investors have until January 12, 2026, to seek appointment as lead plaintiff in the lawsuit [1][7]. - The lawsuit claims that Freeport-McMoRan and certain executives made misleading statements regarding safety at the Grasberg mine, which heightened risks for workers [3]. Group 2: Incident and Stock Impact - On September 9, 2025, Freeport-McMoRan reported a significant incident at the Grasberg mine, leading to a nearly 6% drop in stock price [4]. - Following the tragic fatalities of two team members on September 24, 2025, the stock price fell nearly 17%, with production estimates for 2026 potentially reduced by 35% [5]. - An article published on September 25, 2025, highlighted the potential strain on Freeport-McMoRan's relationship with the Indonesian government, resulting in an additional stock price drop of over 6% [6]. Group 3: Company Background - Freeport-McMoRan is engaged in mining mineral properties across North America, South America, and Indonesia, operating the Grasberg Copper and Gold Mine in Papua [2]. - Robbins Geller Rudman & Dowd LLP, the law firm representing investors, has a strong track record in securities fraud litigation, recovering over $2.5 billion for investors in 2024 alone [8].
The Gross Law Firm Reminds Shareholders of a Lead Plaintiff Deadline of January 12, 2026 in Freeport-McMoRan Inc. Lawsuit – FCX
Globenewswire· 2026-01-08 22:45
NEW YORK, Jan. 08, 2026 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Freeport-McMoRan Inc. (NYSE: FCX). Shareholders who purchased shares of FCX during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/freeport-mcmoran-inc-loss-submission-form/?id=182855&from=3 CLASS PERIOD: Februa ...
MONDAY INVESTOR DEADLINE: Robbins Geller Rudman & Dowd LLP Announces that Freeport-McMoRan Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
Prnewswire· 2026-01-08 17:30
If you suffered substantial losses and wish to serve as lead plaintiff of the Freeport-McMoRan class action lawsuit, please provide your information here: https://www.rgrdlaw.com/cases-freeport-mcmoran-inc-class-action-lawsuit-fcx.html You can also contact attorneys J.C. Sanchez or Jennifer N. Caringal of Robbins Geller by calling 800/449- 4900 or via e-mail at [email protected]. CASE ALLEGATIONS: Freeport-McMoRan engages in the mining of mineral properties in North America, South America, and Indonesia. Fr ...
Freeport-McMoRan Up 30% in 3 Months: Buy, Sell or Hold the Stock?
ZACKS· 2026-01-08 14:36
Core Viewpoint - Freeport-McMoRan Inc. (FCX) shares have surged 30.1% in the past three months, driven by rising copper prices due to tight global supply, trade tariff uncertainties, and strong demand [1][6]. Group 1: Stock Performance - FCX has outperformed the Zacks Mining - Non Ferrous industry's increase of 22.3% and the S&P 500's rise of 4% during the same period [2]. - The stock has been trading above the 50-day and 200-day simple moving averages since late November 2025, indicating a bullish trend following a golden crossover on July 8, 2025 [4]. Group 2: Copper Market Dynamics - Copper prices have been volatile but generally favorable, remaining above $5 per pound in the fourth quarter of 2025, supported by robust demand from China and the U.S. [15][16]. - Structural factors such as electric vehicle adoption and renewable energy projects are driving increased copper consumption, while supply concerns are heightened by potential disruptions in major mining operations [16][17]. Group 3: Company Growth Initiatives - Freeport is focused on expanding its production capacity, with significant projects underway, including a large-scale concentrator expansion at Cerro Verde in Peru, expected to add 600 million pounds of copper annually [9]. - The company is also evaluating a major expansion at El Abra in Chile, with an estimated resource of approximately 20 billion recoverable pounds of copper [9]. - PT Freeport Indonesia has completed a new greenfield smelter, with operations starting in the second quarter of 2025, and is transitioning energy sources to reduce greenhouse gas emissions [11]. Group 4: Financial Health - FCX has a strong liquidity position, generating operating cash flows of around $1.7 billion in Q3 2025, with $4.3 billion in cash and equivalents [12]. - The company maintains a net debt of $1.7 billion, below its targeted range, and has a policy of distributing 50% of available cash to shareholders [13]. - FCX offers a dividend yield of approximately 0.5%, with a payout ratio of 19%, indicating a sustainable dividend [14]. Group 5: Cost and Volume Challenges - FCX's average unit net cash cost per pound of copper increased to $1.40 in Q3 2025, a 24% rise from the previous quarter, due to declining sales volumes [19]. - The company expects unit net cash costs to rise to $2.47 per pound in Q4 2025, with projected copper sales volumes of 635 million pounds, reflecting a significant decline [20][22]. Group 6: Earnings Outlook - Freeport's earnings estimates have been revised upward over the past 30 days for 2025 and 2026 [23]. - The stock is currently trading at a forward price/earnings ratio of 28.07X, a premium to the industry average of 24.32X [24]. Group 7: Investment Considerations - FCX is well-positioned for growth due to its expansion activities and strong financial health, but a weaker sales volume outlook and higher expected costs may pose risks [27].