|Bid||13.91 x 1500|
|Ask||13.92 x 8100|
|Day's range||13.73 - 14.02|
|52-week range||11.05 - 17.06|
|PE ratio (TTM)||19.71|
|Earnings date||23 Jan. 2018 - 29 Jan. 2018|
|Forward dividend & yield||0.00 (0.00%)|
|1y target est||16.10|
Freeport has managed to cut its net debt levels by more than half since the end of 2015. The company’s leverage metrics also look better.
According to consensus estimates compiled by Thomson Reuters, Freeport is expected to post revenues of $4.56 billion in 4Q17.
Freeport-McMoRan (FCX) is having a dismal run in November. Based on the closing prices on November 15, the stock has lost 2.5%.
Freeport-McMoRan is a great example of why investors looking at miners should consider Wheaton Precious Metals instead
Billionaire investor Carl Icahn did very little trading in the past quarter as he fell under conflict-of-interest scrutiny for his time as an adviser to President Donald Trump. In a late Tuesday Securities ...
Carl Icahn's Icahn Capital is out with its 13F filings, reflecting its holdings at the end of the third quarter, which showed the fund pulling back a bit on one of its largest holdings. Icahn Capital reduced ...
China’s fixed asset investment data will be released on November 14. Its fixed asset investment data missed analysts' estimates for the last two months.
Copper markets will closely follow the developments at Grasberg in the coming weeks. The developments could impact global copper markets.
China’s October trade data were mixed for investors. While China’s imports were better than expected, the country’s exports grew less than expected.
Copper is having a strong year like most of the other industrial metals. Copper has risen 23.8% in 2017 and built on its 2016 gains.
Freeport's (FCX) move to redeem senior notes will lead to aggregate cash interest cost savings of roughly $40 million per year.
China released its trade data for October today. In dollar terms, the country’s exports rose 6.9% year-over-year (or YoY), and its imports rose 17.2%.
Freeport-McMoRan released its 3Q17 earnings on October 25, posting revenues of ~$4.3 billion in 3Q17, compared with ~$3.7 billion in 2Q17.
Overall, 2017 has been a strong year for metals and mining companies. Metals have built on 2016 gains, while copper and aluminum have moved higher.
In the previous part of this series, we looked at Freeport-McMoRan’s (FCX) 3Q17 revenues. In this final article, we’ll look at its 3Q17 adjusted EBITDA and cash flows.
Freeport-McMoRan (FCX) posted revenue of $4.31 billion in 3Q17. In comparison, the company posted revenues of $3.71 billion in 2Q17 and $3.87 billion in 3Q16.
Freeport-McMoRan (FCX), the world’s second-largest copper miner (XLB), released its 3Q17 earnings on October 25. The company reported adjusted net income of $492 million.