Previous Close | 28.76 |
Open | 28.62 |
Bid | 30.06 x 2200 |
Ask | 0.00 x 4000 |
Day's Range | 28.50 - 30.50 |
52 Week Range | 24.80 - 51.99 |
Volume | |
Avg. Volume | 21,299,446 |
Market Cap | 43.286B |
Beta (5Y Monthly) | 2.01 |
PE Ratio (TTM) | 8.72 |
EPS (TTM) | 3.47 |
Earnings Date | Oct 19, 2022 - Oct 24, 2022 |
Forward Dividend & Yield | 0.60 (1.98%) |
Ex-Dividend Date | Jul 14, 2022 |
1y Target Est | 38.37 |
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The move comes after a copper price dip following some disappointing economic data from China. The bad data comes from China's closely followed survey of purchasing managers index (PMI), published by the National Bureau of Statistics. The reading of 49 for July (a reading above 50 indicates expansion) disappointed the market and suggested that China's weak patch would continue.
In this piece we will take a look at the 12 best stocks under $50. To skip our introduction and to take a look at the top five stocks in this list, head on over to 5 Best Stocks Under $50. If there’s one thing that most people would have been unable to predict as […]
Markets move in mysterious ways, and there aren't many bigger mysteries to resolve than the move in copper prices over the last couple of months. The decline in the price of copper from more than $4.80 per pound in mid-April to less than $3.20 per pound in mid-July caught many investors by surprise, as it did the management of leading copper miner Freeport-McMoRan (NYSE: FCX). As noted, the price of copper has dropped, and so has Freeport's share price, but CEO Richard Adkerson argues that there is a "disconnect in today's physical market and the current copper price."