Is Freeport-McMoRan Stock Underperforming the Nasdaq?

Freeport-McMoRan Inc. (FCX) is a major global mining company that extracts copper, gold, and molybdenum. It operates extensive mining assets, including seven open-pit copper mines and two molybdenum mines in North America, as well as significant international operations such as the Grasberg mine in Indonesia. The company manages large-scale, long-lasting deposits with advanced processing facilities. Its headquarters are located in Phoenix, Arizona, serving as the central base for its worldwide mining acti ...