Freeport is the largest publicly traded copper producer. In addition to copper ore, the company also mines gold and is the world’s largest producer of molybdenum. Learn the latest information and analysis on the company, FCX stock price today, stock news, how much one share costs and other information to help you make investment decisions.
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Freeport has a great asset portfolio and has significant potential for growth in gold production when the Indonesian Grasberg mine reaches full capacity in 2022. Close to getting rid of their debt, their big cashflow should convert into shareholder returns.
The Freeport stock price of $48 (4/11/22) is 15% higher than at the start of the year and analysts are split on this stock due to uncertainty on the market. But the company still gets great ratings, their fundamentals are strong and the growth of over 600% from the pandemic lows shows they must be doing something right.
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