1-May-2026
The Copper Bottleneck That Rewrites Mining Valuations
Globe Newswire (Thu, 23-Apr 10:45 AM ET)
FCX Highlights Strategic Strength with Broad Asset Portfolio and First-Quarter 2026 Results Release
Market Chameleon (Thu, 23-Apr 4:25 AM ET)
Freeport First-Quarter 2026 Financial and Operating Results Release Available on Its Website
Business Wire (Thu, 23-Apr 8:00 AM ET)
Freeport Declares Quarterly Cash Dividends on Common Stock
Business Wire (Wed, 25-Mar 8:30 AM ET)
Market Chameleon (Thu, 19-Feb 4:22 AM ET)
Globe Newswire (Thu, 19-Feb 9:00 AM ET)
Business Wire (Wed, 18-Feb 9:55 PM ET)
Bullish On FCX? You Might Want To Consider This Credit Put Spread Expiring in 14 Days
Market Chameleon (Mon, 2-Feb 7:29 AM ET)
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 1.1 million metric tons of copper (its share) in 2025, making it the one of the world's largest copper miners by volume. It also sold about 530,000 ounces of gold, mostly from Grasberg, and 74 million pounds of molybdenum. It had about 25 years of copper reserves at the end of December 2025. We expect it to sell about 1.3 million metric tons of copper and 610,000 ounces of gold midcycle in 2030.
Freeport-Mcmoran trades on the NYSE stock market under the symbol FCX.
As of May 1, 2026, FCX stock price declined to $56.55 with 12,457,335 million shares trading.
FCX has a beta of 1.47, meaning it tends to be more sensitive to market movements. FCX has a correlation of 0.20 to the broad based SPY ETF.
FCX has a market cap of $81.19 billion. This is considered a Large Cap stock.
Last quarter Freeport-Mcmoran reported $6 billion in Revenue and $.57 earnings per share. This beat revenue expectation by $346 million and exceeded earnings estimates by $.10.
In the last 3 years, FCX traded as high as $70.97 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 return of +57.0%, while the SPY ETF gained +30.4%. However, in the most recent history, FCX shares have underperformed the stock market with its stock returning -5.9% in the last 3 month period and -19.5% for the last 2 week period, while SPY has returned +4.4% and +1.5%, respectively.
FCX support price is $56.12 and resistance is $59.44 (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.
