Here's Why You Should Retain Freeport-McMoRan Stock in Your Portfolio

Key Takeaways FCX is advancing organic growth opportunities while maintaining strong liquidity and cash flow generation.Freeport's unit net cash costs jumped in Q3 and are projected to rise sharply again in the fourth quarter.FCX expects steep Q4 copper and gold volume declines due to the Grasberg mine suspension.Freeport-McMoRan Inc. (FCX) is poised to gain from progress in expansion activities that will boost production capacity. Robust financial health also allows FCX to invest in growth projects and dri ...