FCX Freeport McMoRan Inc

Freeport McMoran rallied despite weaker results. Net income fell to $404 million, down by 50% over the same quarter last year. The average realized price per pound o copper came in at $3.50 per pound, compared to $4.20 last year. Freeport McMoran (NYSE:FCX) third-quarter results came in weaker on the back of copper prices retreating. […]
https://www.valuewalk.com/freeport-mcmoran-shares-rally-despite-weakening-copper-prices/