$ 46.07
Key Takeaways
Risk factor
Strong trading liquidity
Profitability factor
Good margins and returns
About
Freeport-McMoRan Inc. engages in the mining of mineral properties in North America, South America, and Indonesia. The company primarily explores for copper, gold, molybdenum, silver, and other metals, as well as oil and gas. Its assets include the Grasberg minerals district in Indonesia; Morenci, Bagdad, Safford, Sierrita, and Miami in Arizona; Tyrone and Chino in...
Company Valuation
From both historical and forecast perspectives, the stock is slightly overpriced compared to similar stocks. Specifically, the stock is 'expensive' on P/E, neutral on EV/
Target Price
The average target price of FCX is 54 and suggests 17% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to increase
