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An update from Freeport-McMoRan ( (FCX) ) is now available.
On March 31, 2025, Freeport-McMoRan provided an operational update for the first quarter of 2025, indicating that copper and gold production met expectations. However, gold sales were impacted by shipment timing in Indonesia, although no material effect on annual sales guidance is anticipated. The company resumed concentrate export shipments from Indonesia after regulatory approvals and continues to ramp up production at its new precious metals refinery. Despite higher unit net cash costs due to shipment timing, the company expects its consolidated copper sales to align with previous guidance and anticipates higher realized copper prices compared to the London Metal Exchange average.
More about Freeport-McMoRan
Freeport-McMoRan (FCX) is a leading international metals company headquartered in Phoenix, Arizona, specializing in copper, gold, and molybdenum production. It operates large, long-lived, and geographically diverse assets, including the Grasberg minerals district in Indonesia and significant operations in North and South America.
YTD Price Performance: 1.28%
Average Trading Volume: 16,050,014
Technical Sentiment Signal: Hold
Current Market Cap: $55.21B
Find detailed analytics on FCX stock on TipRanks’ Stock Analysis page.