|Bid||14.00 x 100|
|Ask||14.50 x 300|
|Day's Range||14.07 - 14.28|
|52 Week Range||11.05 - 17.06|
|PE Ratio (TTM)||19.96|
|Earnings Date||Jan 23, 2018 - Jan 29, 2018|
|Forward Dividend & Yield||0.00 (0.00%)|
|1y Target Est||16.10|
Freeport reported the steepest yearly decline in its 3Q17 copper production, while BHP Billiton’s copper production registered the biggest yearly rise among the copper miners that we're covering in this ...
In this series, we’ll look at the key developments that impacted mining companies last week. We’ll also look at some of the company-specific developments that impacted mining stocks.
U.S. miner Freeport-McMoRan Inc is evacuating spouses and children of workers from its giant Indonesian copper mine after a string of shootings in the area raised security concerns. The move follows efforts by Indonesian authorities on Friday to evacuate villages near Freeport’s Grasberg mine in the eastern province of Papua that authorities said had been occupied by armed separatists. Freeport has asked family and household members of its employees to prepare over the weekend for a temporary relocation from the mining town of Tembagapura, about 10 km (6.2 miles) from Grasberg, company sources said.
A major corruption investigation involving some $170 million in missing state funds is zeroing in on one of Indonesia’s most powerful politicians following his detention in hospital.
Freeport has managed to cut its net debt levels by more than half since the end of 2015. The company’s leverage metrics also look better.
According to consensus estimates compiled by Thomson Reuters, Freeport is expected to post revenues of $4.56 billion in 4Q17.
Freeport-McMoRan (FCX) is having a dismal run in November. Based on the closing prices on November 15, the stock has lost 2.5%.
JAKARTA/TIMIKA, Indonesia, Nov 17 (Reuters) - Indonesia on Friday began evacuating villages that authorities said had been occupied by armed separatists after a string of shootings near a huge copper mine operated by Freeport McMoRan Inc. Two police have been killed and at least 12 people wounded by gunfire in the area, in the eastern province of Papua, since mid-August.
A fire broke out at the main port used by copper miner Freeport-McMoRan Inc in Papua, Indonesia, on Thursday night, the company said. The fire broke out at 6.30 pm and was extinguished by port rescue workers at around 7 pm, Freeport spokesman Riza Pratama said in a statement.
Freeport-McMoRan is a great example of why investors looking at miners should consider Wheaton Precious Metals instead
NEW YORK, NY / ACCESSWIRE / November 15, 2017 / U.S. markets fell Tuesday on slumping commodity prices, with U.S. crude oil posting its largest one day drop in over a month. The Dow Jones Industrial Average ...