Freeport-McMoRan(FCX)

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Freeport-McMoRan (NYSE: FCX) Faces Legal Investigation Amidst Market Resilience
Financial Modeling Prep· 2025-10-01 17:10
Group 1 - Freeport-McMoRan (FCX) is a leading mining company with significant copper and gold production, currently facing legal challenges but showing stock resilience [1][2][5] - RBC Capital has set a price target of $48 for FCX, indicating a potential upside of 22.39% from its current trading price of $39.22 [1][5] - The Rosen Law Firm is investigating potential securities claims against FCX due to allegations of misleading business information [2][5] Group 2 - FCX's stock price has increased by 5.66%, reflecting market resilience despite ongoing legal issues [3][5] - The company's market capitalization is approximately $56.31 billion, indicating its significant presence in the mining industry [4] - The trading volume for FCX on the day is 38.54 million shares, suggesting active investor engagement [4]
钴价持续大涨,铜矿停产影响全球供应格局 | 投研报告
Zhong Guo Neng Yuan Wang· 2025-10-01 14:50
Core Viewpoint - The non-ferrous metals industry index decreased by 0.63% over the past two weeks, underperforming the CSI 300 index and ranking 12th among 31 Shenwan first-level industries [1][2] Industry Summary - The non-ferrous metals industry index fell by 0.63% from September 15 to September 26, 2025, lagging behind the CSI 300 index [1][2] - Energy metals (up 4.49%) and industrial metals (up 1.05%) experienced gains, while metal new materials (down 4.08%), precious metals (down 0.95%), and minor metals (down 8.51%) saw declines [1][2] Metal Prices - COMEX gold closed at $3,789.80 per ounce, up 2.96% over the past two weeks [3] - COMEX silver closed at $46.37 per ounce, up 8.63% [3] - LME copper settled at $10,125.50 per ton, up 1.21% [3] - LME aluminum fell to $2,643 per ton, down 2.38% [3] - Black tungsten concentrate (≥65%) price dropped to 271,000 CNY per ton, down 4.91% [3] - LME tin price decreased to $34,415 per ton, down 1.54% [3] - Antimony ingot (99.65%) price was 172,500 CNY per ton, down 5.48% [3] - Gallium (≥99.99%) average price was 1,665 CNY per kilogram, up 3.74% [3] - Domestic germanium ingot (50Ω·cm) average price was 14,250 CNY per kilogram, down 1.04% [3] - China rare earth price index was 217.18, down 1.67% [3] - Light rare earths: praseodymium-neodymium oxide closed at 562,500 CNY per ton, down 1.75% [3] - Heavy rare earths: dysprosium oxide closed at 1,610 CNY per kilogram, down 0.92% [3] - Cobalt prices: electrolytic cobalt averaged 310,000 CNY per ton, up 13.55% [3] - Lithium carbonate (99.5% battery grade, domestic) averaged 73,600 CNY per ton, up 1.59% [3] - Lithium iron phosphate (mid-range power type) averaged 34,300 CNY per ton, stable [3] - Cobalt acid lithium (60%, 4.4V/domestic) averaged 253,000 CNY per ton, up 13.96% [3] Important News - The Grasberg mine, one of the largest copper mines globally, has suspended operations due to a fatal landslide incident, significantly impacting copper production [4][5] - The incident has resulted in the death of two workers, with five others still missing, affecting Freeport's third-quarter sales estimates with a projected decline of approximately 4% in copper sales and 6% in gold sales [5] Investment Suggestions - Following the Federal Reserve's interest rate cut in September, attention should be paid to geopolitical and export policy changes in major resource countries, as well as the recovery of domestic downstream demand, with a focus on investment opportunities in the "resources + growth" dual track [6]
X @Bloomberg
Bloomberg· 2025-10-01 04:08
Indonesia and Freeport-McMoRan have almost finalized a deal for the US miner to divest additional shares in its local unit, according to the chief investment officer of the country’s Danantara sovereign wealth fund https://t.co/CygE6YQq5o ...
FCX Investor News: If You Have Suffered Losses in Freeport-McMoRan Inc. (NYSE: FCX), You Are Encouraged to Contact The Rosen Law Firm About Your Rights
Globenewswire· 2025-09-30 23:11
NEW YORK, Sept. 30, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Freeport-McMoRan Inc. (NYSE: FCX) resulting from allegations that Freeport may have issued materially misleading business information to the investing public. SO WHAT: If you purchased Freeport securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arran ...
Buy Freeport Stock After Mining Accident, BofA Says
Barrons· 2025-09-30 14:38
BofA is "sufficiently confident†that risks following September's fatal mining accident are priced in. ...
FCX Upgraded, Leads S&P 500 After Copper Mine Disaster
Investors· 2025-09-30 13:54
BREAKING: Tesla's Strong Showing In China Freeport-McMoRan (FCX) was the top S&P 500 performer early Tuesday after an upgrade from BofA analyst Lawson Winder, who spoke with CEO Kathleen Quirk about the recovery effort following a Sept. 8 disaster at the world's second-largest copper mine. FCX stock built on Monday's bounce-back session, attempting to regain long-term support. Winder said that while he didn't receive any new… Related news Stocks Generating Improved Relative Strength: BHP Group ADR Nasdaq Ed ...
CoreWeave initiated, Instacart downgraded: Wall Street's top analyst calls
Yahoo Finance· 2025-09-30 13:42
Upgrades Summary - Morgan Stanley upgraded Celsius Holdings (CELH) to Overweight from Equal Weight with a price target of $70, up from $61, citing a return to growth and expected reacceleration in topline growth due to easier comparisons from December through early June [2] - UBS upgraded FIS (FIS) to Buy from Neutral with an unchanged price target of $82, believing the risk/reward profile has improved as shares are down 20% year-to-date [2] - Oppenheimer upgraded Semtech (SMTC) to Outperform from Perform with a price target of $81, following positive management meetings and a bullish outlook on growth opportunities in data center artificial intelligence [2] - BofA upgraded Freeport-McMoRan (FCX) to Buy from Neutral with an unchanged price target of $42, expressing increased confidence in the current valuation despite risks associated with the halted Grasberg copper/gold mine in Indonesia [2] - Maxim upgraded Adial Pharmaceuticals (ADIL) to Buy from Hold with a price target of $1.50, reflecting a more bullish stance on the company [2]
X @Bloomberg
Bloomberg· 2025-09-30 11:49
US miner Freeport-McMoRan will give Indonesia a 12% stake in its unit for free, CNBC Indonesia reported, citing sovereign wealth fund head Rosan Roeslani https://t.co/HFuZHJ1Gw4 ...
Freeport Will Divest 12% of Local Arm to Indonesia, CNBC Says
MINT· 2025-09-30 11:45
(Bloomberg) -- US miner Freeport-McMoRan Inc. has agreed to divest a 12% share in its Indonesian unit to the government for free, CNBC Indonesia reported, citing the head of the country’s Danantara sovereign wealth fund Rosan Roeslani. Freeport’s Chief Executive Officer Kathleen Quirk agreed to grant the shares to Indonesia “free of charge” when met by Roeslani in the US, he said in Jakarta on Tuesday. The divestment is part of an agreement to extend the company’s license to operate the giant Grasberg cop ...