Analyst Buzz: Freeport-McMoRan Inc. (NYSE:FCX)

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Freeport-McMoRan Inc. (NYSE:FCX) currently has a “Buy” signals on Composite indicators by TrendSpotter. While the Short-Term Technical Indicators for the stock on 7-Day Average Directional Indicator shows “Buy” signal. 10 – 8 Day Moving Average Hilo Channel shows “Hold” signal. While 20-Day Moving Average VS Current Price shows “Buy” Signal.

Freeport-McMoRan Inc. (NYSE:FCX) lost -0.28 Percent and closed its previous trading session at $17.81. The stock traded with the average Volume of 16.65 Million at the end of last session.

The company reported its last earnings Actual EPS of $0.46/share. While, the analyst predicted that the company could provide an EPS of $0.56/share. Hence the difference between Predicted EPS and Actual EPS reported is $-0.1/share which shows an Earnings Surprise of -17.9 Percent.

Sell side analysts plays vital role in buying and selling a stock where 0 analysts rated Freeport-McMoRan Inc. (NYSE:FCX) as Buy, 0 analysts given Outperform signal, 3 reported Hold, and 1 analysts rated the stock as Sell.

The stock’s current distance from 20-Day Simple Moving Average (SMA20) is 3.31% where SMA50 and SMA200 are 4.66% and 7.13% respectively.

While it’s Return on Investment (ROI) value is 11.3%.

Freeport-McMoRan Inc. (NYSE:FCX) currently has a Weekly Volatility of 2.68% percent while its Monthly Volatility is at 3.04% percent. While talking about Performance of the Stock, Freeport-McMoRan Inc. currently has a Weekly performance of -2.14%, monthly performance percentage is 9.94 percent, Quarterly performance is -4.56 percent, 6 months performance shows a percent value of 18.58% and Yearly Performance is 44.09 percent.

Company Profile:

Freeport-McMoRan Inc. is a leading international mining company with headquarters in Phoenix, Arizona. FCX operates large, long-lived, geographically diverse assets with significant proven and probable reserves of copper, gold and molybdenum. FCX is the world’s largest publicly traded copper producer. FCX’s portfolio of assets includes the Grasberg minerals district in Indonesia, one of the world’s largest copper and gold deposits, and significant mining operations in North and South America, including the large-scale Morenci minerals district in Arizona and the Cerro Verde operation in Peru. FCX has a strong commitment to safety performance, environmental management and the local communities where it operates. FCX is a founding member of the International Council on Mining and Metals (ICMM) and is committed to implementation of the ICMM Sustainable Development Framework.

 

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