FCX Stock Summary and Trading Ideas (Freeport-Mcmoran | NYSE:FCX)

Freeport-McMoRan owns stakes in 10 copper mines, led by its 49% ownership of the Grasberg copper and gold operations in Indonesia, 55% of the Cerro Verde mine in Peru, and 72% of Morenci in Arizona. It sold around 1.2 million metric tons of copper (its share) in 2024, making it the one of the world's largest copper miners by volume. It also sold about 900,000 ounces of gold, mostly from Grasberg, and 70 million pounds of molybdenum. It had about 25 years of copper reserves at the end of December 2024. we expect it to sell similar amounts of copper midcycle in 2029, though we expect gold volumes to decline to about 650,000 ounces then due to falling production at Grasberg.

Freeport-Mcmoran trades on the NYSE stock market under the symbol FCX.

As of January 9, 2026, FCX stock price climbed to $56.53 with 17,215,563 million shares trading.

FCX has a beta of 1.84, meaning it tends to be more sensitive to market movements. FCX has a correlation of 0.39 to the broad based SPY ETF.

FCX has a market cap of $81.16 billion. This is considered a Large Cap stock.

Last quarter Freeport-Mcmoran reported $7 billion in Revenue and $.50 earnings per share. This beat revenue expectation by $293 million and exceeded earnings estimates by $.09.

In the last 3 years, FCX traded as high as $57.12 and as low as $27.66.

The top ETF exchange traded funds that FCX belongs to (by Net Assets): VTI, VOO, IVV, SPY, VTV.

FCX has outperformed the market in the last year with a price return of +43.8% while the SPY ETF gained +19.0%. FCX has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +30.9% and +6.6%, respectively, while the SPY returned +3.7% and +0.5%, respectively.

FCX support price is $52.89 and resistance is $55.55 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that FCX shares will trade within this expected range on the day.