Freeport-McMoRan (FCX) Stock Price, Fundamentals & Analysis

What FCX does

Freeport-McMoRan Inc. (FCX) is a mining company that operates mineral properties in North America, South America, and Indonesia. It primarily explores for copper, gold, molybdenum, silver, and other metals. Key assets include the Grasberg minerals district in Indonesia, several Arizona operations such as Morenci, Bagdad, Safford, Sierrita, and Miami, as well as Chino and Tyrone in New Mexico, Henderson and Climax in Colorado, Cerro Verde in Peru, and El Abra in Chile. The company was formerly known as Freeport-McMoRan Copper & Gold Inc. and changed its name in July 2014. It is incorporated in 1987 and headquartered in Phoenix, Arizona.

Key numbers explained

• The current share price is 72.58 USD, down 2.38% today.
• The trailing P/E ratio of 35.6 shows how much investors pay per dollar of the last 12 months' earnings; the forward P/E ratio of 17.5 reflects the same based on expected future earnings.
• The dividend yield of 0.81% indicates the annual dividend as a percentage of the share price, with an ex-dividend date of Jul 15, 2026.
• The beta of 1.4 means the stock has historically moved about 40% more than the overall market.
• The 52-week price range of 35.15 – 80.24 USD shows the lowest and highest traded prices in the past year, with a 97.4% gain over that period.
• The price-to-book ratio of 5.18 compares the share price to the company's book value per share.
• The debt-to-equity ratio of 32.1% indicates the proportion of debt relative to shareholders' equity.
• The return on equity of 14.8% measures how effectively the company generates profit from shareholders' capital.

Recent news

Recent headlines highlight that Freeport-McMoRan Inc. (FCX) is attracting investor attention and has declared quarterly cash dividends on common stock. Other stories focus on the company's low-cost strategy to take advantage of record copper prices, analyst revisions pushing its fair value higher, and its market outperformance. One headline also notes that copper hit a record high as Chile posted its weakest output in 19 years.

What to watch

As a copper-focused miner, FCX is sensitive to global copper prices, which are influenced by industrial demand, especially from China and the clean energy transition. Mining operations can be affected by geopolitical risks in Indonesia and Latin America, as well as by currency movements, energy costs, and labour relations. Investors also monitor the company's capital discipline, exploration results, and how it manages its debt-to-equity ratio of 32.1%. For broader context, FCX is part of the S&P 500, and peers such as Martin Marietta Materials (MLM), Mosaic Company (The) (MOS), Ecolab (ECL), PPG Industries (PPG), Smurfit Westrock (SW), CF Industries (CF), and Steel Dynamics (STLD) operate in related sectors.