Why Shares in This Leading Mining Stock Soared 24.4% in March

Freeport-McMoRan's exposure to copper is taking the stock sharply higher.Shares in copper miner Freeport-McMoran (FCX 1.19%) surged higher by 24.4% in March, according to data provided by S&P Global Market Intelligence. You don't have to look too far for the reasons behind the move; the price of copper started the month at $3.84 per pound and ended at $4.04 per pound. Moreover, at the time of writing, it's even higher at $4.23. What the move in copper means to Freeport-McMoRan investorsOn every quarterly ea ...