Added to YB: 2026-09-15
Pitch date: 2026-09-11
FCX [bullish]
Freeport-McMoRan Inc.
+3.01%
current return
Author Info
No bio for this author
Company Info
Freeport-McMoRan Inc. engages in the mining of mineral properties in North America, South America, and Indonesia.
Market Cap
$102.1B
Pitch Price
$67.31
Price Target
N/A
Dividend
0.84%
EV/EBITDA
12.31
P/E
34.83
EV/Sales
4.66
Sector
Metals and Mining
Category
growth
Commodity Supercycle & Copper All-Time-Highs: These 2 Copper Stocks Stand to Benefit - Freeport-McMoRan Inc.
FCX (overview): Freeport-McMoRan is a leveraged bet on a structural copper shortage: each $0.10 copper move changes annual EBITDA by about $390 million. Grasberg is recovering toward near-full capacity by end-2027, while low-cost leaching targets growth from 240 million pounds annually to 800 million by 2030. The shares already trade above $70 after a hard rerating, and near-term risks include tariff-driven demand pull-forward and renewed copper-price volatility.
Read full article (7 min)