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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Freeport McMoRan Inc | NYSE:FCX | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| -1.18 | -2.36% | 48.73 | 49.39 | 48.2201 | 49.35 | 24,383,122 | 01:00:00 |
From May 2019 to May 2024
Shares of raw-materials companies rose as the dollar weakened in anticipation of a dovish Federal Reserve policy statement and after a report showed a more modest than anticipated increase in durable-goods orders in March. Gold futures neared their highest levels of the year. Freeport-McMoRan ticked up to trade at more than triple its lows from earlier in the year even after the largest U.S. mining company by volumes wrote down its oil-and-gas holdings and posted a $4.2 billion quarterly loss. Investors were encouraged that revenue fell 15% from a year earlier and that the company was standing by its metals-production plans. Hedge funds concentrated on the raw-materials and industrial sectors reported large inflows in the first quarter as investors chased the rebound from the commodities bust.(rob.curran@dowjones.com)
(END) Dow Jones Newswires
April 26, 2016 16:18 ET (20:18 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
1 Year Freeport McMoRan Chart |
1 Month Freeport McMoRan Chart |
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