Freeport-McMoRan(FCX)
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Top 2 Materials Stocks That May Plunge In Q4
Benzinga· 2025-12-19 13:31
Core Insights - Two stocks in the materials sector are signaling potential warnings for momentum-focused investors as of December 19, 2025 [1] Group 1: Stock Performance - Freeport-McMoRan Inc (NYSE:FCX) has seen its stock price increase by approximately 16% over the past month, reaching a 52-week high of $49.12 [5] - Alcoa Corp (NYSE:AA) experienced a stock price increase of around 31% in the last month, with a 52-week high of $48.73 [5] Group 2: Analyst Ratings and Price Targets - UBS analyst Daniel Major maintained a Buy rating for Freeport-McMoRan and raised the price target from $55 to $60 [5] - Alcoa received a Neutral rating from UBS, with the price target increased from $42 to $48 [5] Group 3: Momentum Indicators - Freeport-McMoRan has an RSI value of 71.3, indicating it may be overbought [5] - Alcoa has a higher RSI value of 72.8, also suggesting it may be overbought [5]
Investors who lost money on Freeport-McMoRan Inc.(FCX) should contact Levi & Korsinsky about pending Class Action - FCX
Globenewswire· 2025-12-18 22:07
Core Viewpoint - A class action securities lawsuit has been filed against Freeport-McMoRan Inc. alleging securities fraud that affected investors between February 15, 2022, and September 24, 2025 [1][2]. Group 1: Allegations - The lawsuit claims that Freeport-McMoRan did not ensure adequate safety at the Grasberg Block Cave mine in Indonesia [2]. - It is alleged that the lack of proper safety measures posed a heightened risk that could foreseeably lead to worker fatalities [2]. - The complaint states that this situation created undisclosed risks related to regulatory, litigation, and reputational issues [2]. - As a result, statements made by the defendants regarding Freeport-McMoRan's business, operations, and prospects were materially false and misleading [2]. Group 2: Legal Process - Investors who suffered losses during the specified timeframe have until January 12, 2026, to request to be appointed as lead plaintiff [3]. - Participation in the lawsuit does not require serving as a lead plaintiff to share in any potential recovery [3]. - Class members may be entitled to compensation without incurring any out-of-pocket costs or fees [3]. Group 3: Firm Background - Levi & Korsinsky has a history of securing hundreds of millions of dollars for shareholders and has extensive expertise in complex securities litigation [4]. - The firm has been recognized in ISS Securities Class Action Services' Top 50 Report for seven consecutive years as one of the leading securities litigation firms in the United States [4].
The Gross Law Firm Notifies Shareholders of Freeport-McMoRan Inc.(FCX) of a Class Action Lawsuit and an Upcoming Deadline
Prnewswire· 2025-12-18 14:00
Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Freeport-McMoRan Inc. regarding a class action lawsuit alleging that the company made materially false and misleading statements related to safety practices at its Grasberg Block Cave mine in Indonesia [1]. Group 1: Allegations - The complaint alleges that Freeport-McMoRan did not adequately ensure safety at the Grasberg Block Cave mine [1]. - It is claimed that the lack of proper safety precautions posed a heightened risk that could foreseeably lead to worker fatalities [1]. - The allegations include that this situation constituted an undisclosed heightened risk of regulatory, litigation, and reputational issues [1]. - As a result, the defendants' statements about Freeport-McMoRan's business, operations, and prospects were materially false and misleading or lacked a reasonable basis [1]. Group 2: Class Action Details - The class period for the lawsuit is from February 15, 2022, to September 24, 2025 [1]. - Shareholders are encouraged to register for the class action by January 12, 2026, to potentially be appointed as lead plaintiffs [2]. - Once registered, shareholders will be enrolled in a portfolio monitoring software to receive status updates throughout the case [2]. Group 3: Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting the rights of investors who have suffered due to deceit, fraud, and illegal business practices [3]. - The firm aims to ensure that companies adhere to responsible business practices and engage in good corporate citizenship [3].
FCX INVESTOR NOTICE: Robbins Geller Rudman & Dowd LLP Announces that Freeport McMoRan Inc. Investors with Substantial Losses Have Opportunity to Lead Investor Class Action Lawsuit
Globenewswire· 2025-12-18 13:00
Core Viewpoint - The Freeport-McMoRan Inc. 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 allows purchasers of Freeport-McMoRan securities between February 15, 2022, and September 24, 2025, to seek appointment as lead plaintiff by January 12, 2026 [1][7]. - The lawsuit claims that Freeport-McMoRan and its executives made misleading statements regarding safety measures at the Grasberg Block Cave mine, which could foreseeably lead to worker fatalities and increased regulatory and reputational risks [3][4]. Group 2: Incident Disclosures 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 due to the temporary suspension of mining operations for safety evacuations [4][5]. - Following a tragic incident on September 24, 2025, where two team members were fatally injured, the company disclosed that production in 2026 could be approximately 35% lower than pre-incident estimates, resulting in a nearly 17% decline in stock price [5][6]. - An article published on September 25, 2025, highlighted the potential strain on Freeport-McMoRan's relationship with the Indonesian government due to the production halt, causing 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, with significant operations at the Grasberg Copper and Gold Mine in Papua, Indonesia [2].
Freeport McMoRan: Post 35% Surge, Analysts Eye More Upside in Copper Giant
Investing· 2025-12-18 09:28
Group 1 - The article provides an analysis of Freeport-McMoran Copper & Gold Inc, highlighting its performance in the copper market and the impact of copper futures on the company's operations [1] - Freeport-McMoran's recent financial results indicate a significant increase in revenue, driven by higher copper prices and increased production levels [1] - The analysis also discusses the broader trends in the copper market, including supply constraints and rising demand from various sectors, which are expected to support copper prices in the near term [1] Group 2 - The article notes that copper futures have shown volatility, influenced by global economic conditions and trade policies, which could affect Freeport-McMoran's profitability [1] - It emphasizes the importance of monitoring geopolitical developments and their potential impact on copper supply chains, which could pose risks to the industry [1] - The analysis suggests that investors should consider the long-term outlook for copper as a critical factor in evaluating Freeport-McMoran's investment potential [1]
Post 35% Surge, Analysts Eye More Upside in Copper Giant Freeport
Yahoo Finance· 2025-12-17 22:26
Core Viewpoint - Freeport McMoRan has made a significant recovery from a sharp decline in September, with shares rebounding approximately 35% from their low, indicating strong market confidence in the company's long-term prospects [2][3]. Group 1: Company Performance - After a nearly 17% drop on September 24 due to a disaster at its Indonesian mine, Freeport's shares fell to just over $35, followed by an additional 6% decline the next day [2]. - As of December 16, Freeport's shares closed at just over $47.50, marking a robust recovery from the September lows [2][3]. - The company faced a mudslide at its Grasberg Block Cave mine, which resulted in a significant reduction in production guidance for 2025 and 2026, but analysts believe this decline is temporary [3][4]. Group 2: Market Outlook - Analysts are optimistic about Freeport's future, with a consensus price target near $49, suggesting a 3% upside potential, while some targets exceed $56 [5]. - The market appears to have overreacted to the near-term disruptions, presenting a potential opportunity for long-term investors [4][6]. - Factors such as data center build-outs and expectations for electric vehicles are expected to support Freeport's long-term outlook [6].
Freeport-McMoRan Inc. Sued for Securities Law Violations – Investors Should Contact The Gross Law Firm for More Information – FCX
Globenewswire· 2025-12-17 21:11
Core Viewpoint - The Gross Law Firm is notifying shareholders of Freeport-McMoRan Inc. regarding a class action lawsuit due to alleged misleading statements and safety issues at the Grasberg Block Cave mine in Indonesia [1][3]. Group 1: Allegations - The complaint alleges that Freeport-McMoRan did not adequately ensure safety at the Grasberg Block Cave mine [3]. - It is claimed that the lack of proper safety precautions heightened the risk of worker fatalities [3]. - The allegations suggest that these safety issues led to undisclosed regulatory, litigation, and reputational risks [3]. - As a result, statements made by the defendants regarding Freeport-McMoRan's business and operations were materially false and misleading [3]. Group 2: Class Action Details - The class period for the lawsuit is from February 15, 2022, to September 24, 2025 [3]. - Shareholders are encouraged to register for the class action by January 12, 2026, to potentially be appointed as lead plaintiffs [4]. - There is no cost or obligation for shareholders to participate in the case [4]. Group 3: Law Firm Information - The Gross Law Firm is a nationally recognized class action law firm focused on protecting investors' rights against deceit and fraud [5]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements [5].
Freeport-McMoRan great way to play copper demand, says DCLA's Sethi
CNBC Television· 2025-12-17 19:41
Market Trends - Silver prices reached a record high of $67 per ounce [1] - Gold prices are around $4,300, up 65% this year [1] - Commodities are a good investment when the dollar weakens [3][6] - Investors are using commodities as a hedge against potential inflation and a weaker dollar [5][6] Company Specific - Freeport is highlighted as a potentially good play due to copper demand [2][3][4] - Freeport is considered a good steward of capital [4] Macroeconomic Factors - A weaker dollar and potential interest rate cuts next year are contributing to the rise in metal prices [5] - Inflation is a factor driving investment in commodities [5][6] - There is a global shortage of copper [3] - No new copper mines have been built in 10 years [4]
Freeport-McMoRan great way to play copper demand, says DCLA's Sethi
Youtube· 2025-12-17 19:41
Group 1: Market Overview - Silver prices have reached a record high of $67 per ounce, while gold is priced around $4,300, reflecting a 65% increase this year [1] - The current market conditions indicate a significant rise in various metals, including palladium, gold, silver, and copper, driven by a weaker dollar and inflation concerns [5][6] Group 2: Investment Opportunities - Freeport is highlighted as a strong investment opportunity due to its role in copper production, which is essential for industrial demand in sectors like transportation and data centers [3][4] - The lack of new copper mines built in the last decade positions Freeport favorably to meet the anticipated surge in copper demand over the next ten years [4] - The overall sentiment suggests that commodities are becoming a preferred hedge against inflation, making them attractive for investors looking to protect their portfolios [5][6]
Kuehn Law Encourages Investors of Freeport-McMoran Inc. to Contact Law Firm
TMX Newsfile· 2025-12-17 15:11
Core Viewpoint - Kuehn Law, PLLC is investigating potential breaches of fiduciary duties by certain officers and directors of Freeport-McMoran Inc. (NYSE: FCX) towards shareholders [1] Group 1: Allegations of Misconduct - A federal securities lawsuit claims that insiders at Freeport-McMoran misrepresented or failed to disclose critical safety issues at the Grasberg Block Cave mine in Indonesia [2] - The lawsuit states that Freeport did not adequately ensure safety at the mine, which heightened the risk of worker fatalities [2] - This lack of safety measures led to undisclosed risks related to regulatory, litigation, and reputational concerns, making previous statements about Freeport's business and operations materially false and misleading [2]