|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||19.41 - 20.16|
|52 Week Range||11.05 - 20.16|
|PE Ratio (TTM)||27.01|
|Earnings Date||Jan 25, 2018|
|Forward Dividend & Yield||0.00 (0.00%)|
|1y Target Est||18.12|
Indonesia's mining ministry on Wednesday signed amended contracts with 18 coal mining companies, including PT Adaro Indonesia, as part of a shift towards a new mining permit system it expects to boost government revenue. Indonesia, the world's biggest thermal coal exporter, has now amended the contracts of all of its 68 coal mining companies, marking a victory for the government after earlier resistance from some miners to adopt the new terms. Indonesia's 2009 mining law requires companies to transfer from so-called contracts of work, long-term agreements with specific rules including on taxes, to newer special mining permits that generally follow the prevailing law.
The majority of ratings for BHP Billiton (BHP) are “buys,” with 61% of analysts recommending as much on the stock. The consensus target price for BHP is $30.0, which implies a potential downside of -3.1% based on its current market price. BHP’s most recent rating change came from JPMorgan Chase (JPM), which upgraded the stock from an “underweight” to a “neutral” on December 14, 2017.
The simple answer is yes, Freeport-McMoRan could be a millionaire maker stock... but there's a lot of risk that goes along with that
A number of mining companies have notable oil aspirations playing out in 2018. Here are four names to keep an eye on
Rio Tinto Group has booked copper output from the giant Grasberg mine joint venture for the first time since 2014 -- just as the company weighs plans to exit the operation in Indonesia.
** U.S. mail management company Pitney Bowes Inc has received takeover interest from private equity firms Blackstone Group LP and Carlyle Group LP, according to the Financial Times, citing a Bloomberg report.
What are the top stock picks for 2018 from advisors who happen to be women? We asked eight contributors to MoneyShow.com. Their answers may surprise you.
NEW YORK, NY / ACCESSWIRE / January 12, 2017 / U.S. markets rallied sharply Thursday as investor focus has now shifted to the upcoming earnings season. The Dow Jones Industrial Average jumped 0.81 percent ...
Teck Resources’ 2018 Outlook: Can the Uptrend Continue? Teck Resources (TECK) is trading at an EV-to-EBITDA (enterprise value to earnings before interest, tax, depreciation, and amortization) multiple of 5.4x, based on its 2018 expected EBITDA. Teck Resources is trading at a discount compared to some of the other mining companies.
Freeport McMoRan saw its IBD SmartSelect Composite Rating jump to 96 Friday, up from 94 the day before.
Freeport-McMoRan’s 2018 Outlook: Can It Continue Its Dream Run? Freeport-McMoRan (FCX) rose 43.7% last year. In the previous parts of this series, we looked at some factors that could impact Freeport in 2018.
Freeport-McMoRan’s 2018 Outlook: Can It Continue Its Dream Run? Freeport-McMoRan (FCX) has managed to cut its net debt by more than half over the last two years. Freeport used its organic cash flows to strengthen its balance sheet.
Freeport-McMoRan’s 2018 Outlook: Can It Continue Its Dream Run? In August 2017, Freeport-McMoRan (FCX) announced a framework with the Indonesian government (EIDO). Under the terms of that framework, Freeport agreed to construct a smelter in Indonesia within five years.
Indonesia hopes to finalise contract talks with Freeport McMoRan Inc over the Grasberg copper mine by June, although divestment issues are still unresolved, a mining ministry official said on Thursday. Indonesia and Freeport formed a framework agreement in August to transfer the company's rights to Grasberg to a new mine license system from an existing contract of work.