The general mood among these heavyweight investors is divided, with 38% leaning bullish and 44% bearish. Among these notable ...
This is primarily attributed to the Grasberg mine in Papua, Indonesia, one of the largest gold and copper mines globally. Freeport McMoRan, as the operator, holds a 48.76% stake in the mine.
The 12-month price targets, analyzed by analysts, offer insights with an average target of $53.0, a high estimate of $57.00, ...
Raymond James lowered the firm’s price target on Freeport-McMoRan (FCX) to $53 from $57 and keeps an Outperform rating on the ...
Towards the end of 2019, the subsidiary completed mining the final phase of the Grasberg open pit. From 1990 to 2019, the pit produced 33 billion pounds of copper and 53 million ounces of gold ...