With a short percentage of shares outstanding of 1.94%, Freeport-McMoRan Inc. (NYSE:FCX) is among the 9 Best Silver and Copper Stocks to Buy for the EV Transition. On May 21, Daniel Major, analyst of UBS, raised the firm’s price target on Freeport-McMoRan Inc. (NYSE:FCX) to $75 from $74 while maintaining a Buy rating on the shares. On May 15, Deutsche Bank raised its price […]

FCX faces rising Q2 copper production costs from energy and volume pressures, even as sales volumes show modest sequential recovery.

Wondering whether Freeport-McMoRan's current share price still offers value, or if most of the easy gains are behind it, starts with understanding how the market is actually pricing the business today. The stock last closed at US$71.72, with returns of 11.4% over the past week, 26.8% over the past month, 38.1% year to date, 80.3% over 1 year, 97.8% over 3 years, and 85.6% over 5 years. These price moves are drawing fresh attention to Freeport-McMoRan as investors reassess what they are...