Freeport-McMoRan(FCX)
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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].
'Robots & Rockets Aren’t Made from Hopes & Wishes,' and How the AI Revolution is Shaping the Next Metals Bull Market
Yahoo Finance· 2026-01-07 15:21
Many investors and analysts – present company very much included – have been closely following the historic rally in gold futures and silver futures, but perhaps it’s no coincidence that we’re seeing another metals story developing under the surface just as the tech world’s marquee CES conference is taking place. Precious metals are dominating the headlines for now, particularly amid geopolitical turmoil and a weaker dollar, but it’s become impossible to ignore that industrial metals are also having a robu ...
FCX's Unit Cash Costs Spike in Q3: Is It Set to Climb Further in Q4?
ZACKS· 2026-01-07 14:25
Key Takeaways FCX's Q3 unit net cash cost rose to $1.40 per pound from $1.13, a roughly 24% sequential increase.Freeport-McMoRan's copper sales fell 6% year over year to 977 million pounds after a Grasberg mine suspension.FCX expects Q4 unit net cash costs of $2.47 per pound, with lower volumes likely weighing on margins.Freeport-McMoRan Inc. (FCX) saw an increase in its average unit net cash cost per pound of copper in the third quarter of 2025 to $1.40 from $1.13 in the prior quarter, marking a roughly 24 ...
Top 2 Materials Stocks That May Implode In January - Abercrombie & Fitch (NYSE:ANF), Freeport-McMoRan (NYSE:FCX)
Benzinga· 2026-01-07 13:27
As of Jan. 7, 2026, two stocks in the materials sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared to a stock’s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered overbought when the RSI is above 70, according to Benz ...
INVESTOR DEADLINE NEXT WEEK: Robbins Geller Rudman & Dowd LLP Announces that Freeport-McMoRan Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
Globenewswire· 2026-01-07 01:20
Core Viewpoint - The Freeport-McMoRan class action lawsuit alleges violations of the Securities Exchange Act of 1934 by the company and certain executives, focusing on safety issues at the Grasberg mine and the resulting financial impacts on the company's stock price [1][3]. Group 1: Lawsuit Details - The class action lawsuit is titled Reed v. Freeport-McMoRan Inc., and it covers purchasers of Freeport-McMoRan securities from February 15, 2022, to September 24, 2025 [1]. - The lawsuit claims that Freeport-McMoRan failed to ensure adequate safety at the Grasberg Block Cave mine, leading to heightened risks for workers and potential regulatory and reputational consequences [3]. Group 2: Incident and Stock Impact - On September 9, 2025, Freeport-McMoRan reported a significant incident at the Grasberg mine, which restricted evacuation routes for workers and led to a nearly 6% drop in stock price [4]. - Following the tragic fatalities of two team members on September 24, 2025, and the announcement of a potential 35% reduction in production for 2026, the stock price fell nearly 17% [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 decline of over 6% [6]. Group 3: Legal Process and Representation - Investors who purchased Freeport-McMoRan securities during the class period can seek appointment as lead plaintiff, representing the interests of the class [7]. - The lead plaintiff has the authority to select a law firm for litigation, and participation as lead plaintiff does not affect the ability to share in any potential recovery [7]. Group 4: Firm Background - Robbins Geller Rudman & Dowd LLP is a leading law firm in securities fraud and shareholder litigation, having secured over $2.5 billion for investors in 2024 alone [8]. - The firm has a strong track record, including the largest securities class action recovery in history, amounting to $7.2 billion in the Enron case [8].
FCX: Kirby McInerney LLP Advises Freeport-McMoran Inc. Investors of Class Action Lawsuit
Globenewswire· 2026-01-06 21:54
NEW YORK, Jan. 06, 2026 (GLOBE NEWSWIRE) -- Kirby McInerney LLP reminds investors who purchased Freeport-McMoran Inc. (“Freeport” or the “Company”) (NYSE:FCX) securities to contact Lauren Molinaro of Kirby McInerney LLP by email at investigations@kmllp.com, or fill out the contact form below, to discuss your rights or interests in the securities fraud class action lawsuit at no cost. If you suffered a loss on your Freeport investments, you have until January 12, 2026 to request lead plaintiff appointment. F ...
FREEPORT URGENT CLASS ACTION ALERT: 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· 2026-01-06 21:26
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 Fortunato directly at (212) 355-4648. Click here to participate in the action. NEW YORK, Jan. 06, 2026 (GLOBE NEWSWIRE) -- What’s Happeni ...
FCX Deadline: FCX Investors Have Opportunity to Lead Freeport-McMoRan Inc. Securities Fraud Lawsuit First Filed by The Rosen Law Firm
Prnewswire· 2026-01-06 20:23
NEW YORK, Jan. 6, 2026 /PRNewswire/ -- Why: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Freeport-McMoRan Inc. (NYSE: FCX) between February 15, 2022 and September 24, 2025, both dates inclusive (the "Class Period"), of the important January 12, 2026 lead plaintiff deadline in the securities class action first filed by the Firm. So What: If you purchased Freeport-McMoRan securities during the Class Period you may be entitled to compensation without payment of any ou ...