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Freeport-McMoRan Inc. FCX shares have lost 25.1% in the past three months. The downside is partly due to the slump in copper prices amid uncertainties over U.S. tariffs and concerns over FCXâs high production costs.
Freeport has underperformed the Zacks Mining - Non Ferrous industryâs decline of 24.2% while outperforming the S&P 500âs fall of 13.6% in the past three months. Its peers, Southern Copper Corporation SCCO, BHP Group Limited BHP and Rio Tinto Group RIO, have lost 20...
>>> Read more: Freeport-McMoRan Stock Loses 25% in 3 Months: Should You Buy Now?
Freeport has underperformed the Zacks Mining - Non Ferrous industryâs decline of 24.2% while outperforming the S&P 500âs fall of 13.6% in the past three months. Its peers, Southern Copper Corporation SCCO, BHP Group Limited BHP and Rio Tinto Group RIO, have lost 20...
>>> Read more: Freeport-McMoRan Stock Loses 25% in 3 Months: Should You Buy Now?
