Today, a Director at Freeport-McMoRan (NYSE: FCX), Courtney Mather, sold shares of FCX for $836.3K.
Following Courtney Mather’s last FCX Sell transaction on October 28, 2016, the stock climbed by 0.7%.
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Based on Freeport-McMoRan’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $4.91 billion and quarterly net profit of $556 million. In comparison, last year the company earned revenue of $4.16 billion and had a net profit of $274 million. FCX’s market cap is $16.88B and the company has a P/E ratio of 5.69. Currently, Freeport-McMoRan has an average volume of 21.66M.
Based on 6 analyst ratings, the analyst consensus is Hold with an average price target of $15.40, reflecting a 25.4% upside.
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Freeport-McMoRan, Inc. engages in the mining of copper, gold, and molybdenum. It operates through the following segments: North America Copper Mines; South America Mining; Indonesia Mining; Molybdenum Mines; Rod and Refining; Atlantic Copper Smelting and Refining; and Corporate, Other, and Eliminations.
