A Look at Freeport-McMoRan’s (FCX) Valuation After Recent Share Price Rally
Freeport-McMoRan (FCX) shares have shown some movement over the past month, gaining roughly 16%. Investors keeping an eye on the mining sector may be curious about what is behind this recent upswing in the stock price.
See our latest analysis for Freeport-McMoRan.
Freeport-McMoRan’s 16% share price gain this past month suggests that optimism may be returning after a challenging spell, though its total shareholder return over the past year is still down more than 10%. In the bigger picture, momentum has picked up recently; however, the stock’s longer-term gains are even more notable, with a robust 36% three-year and an impressive 142% five-year total shareholder return.
If Freeport-McMoRan’s recent surge has you looking for more…
