Freeport-McMoRan has a three-pronged strategy to more than double its cash flow in the coming years.
News & Analysis: Freeport-McMoRan Inc
The copper company disappointed investors.
Good news continued for Freeport-McMoRan in February, and investors rewarded the stock with higher prices.
The copper and gold miner's shares improved along with investors' attitudes. But will the rally last?
Freeport missed earnings, and predicted flat copper sales (and declining revenue) in 2019.
The price of copper dropped 20% through the year. But that wasn't the only factor that contributed to the stock's decline.
Economic uncertainty weighed on copper prices last month.
Worries weighed on the copper company last month.
Freeport-McMoRan shares nosedived after negative news from Indonesia.
The copper producer reported lackluster first-quarter results and warned of more issues at its top mine.
The stock of copper miner Freeport had a great year in 2017, but almost all of the gain came in the final month.