Freeport-McMoRan, Inc. (FCX)

Freeport-McMoRan's stock price has experienced a decline of approximately 11.23% in the past six months, attributed to a slump in copper prices, U.S. tariff uncertainties, and high production costs. The stock has underperformed the Zacks Mining - Non Ferrous industry and the S&P 500. More recently, the stock has seen an increase of approximately 12% over the past month, linked to rising copper and gold prices and an analyst upgrade. A significant event was the announcement of a reduction in the first-quarter 2025 gold sales forecast due to shipment timing issues, regulatory restrictions in Indonesia, and a smelter shutdown.

The demand for Freeport-McMoRan's products is driven by global economic growth, industrial production, and construction, with copper being integral to infrastructure, technology, and decarbonization efforts. While demand is influenced by economic cycles and technological advancements, there is no specific information indicating a strong seasonal pattern. Commodity prices are volatile and cyclical, reflecting the global balance of supply and demand and are subject to swings from unexpected events.

Freeport-McMoRan Inc. is a leading international metals company focused on copper production, with operations in gold and molybdenum. The company operates within the Basic Materials sector, specifically in the Metals and Mining industry. Its major products include copper cathode, copper concentrate, molybdenum concentrate, gold, and silver.

Freeport-McMoRan operates mining assets across North America, South America, and Asia. In North America, it manages copper operations in Arizona and New Mexico, as well as molybdenum mines in Colorado, and a copper smelter in Miami, Arizona. In South America, its operations include the Cerro Verde mine in Peru and the El Abra mine in Chile. In Indonesia, Freeport-McMoRan operates the Grasberg minerals district.

Freeport-McMoRan has received positive recognition for its corporate responsibility and transparency, being named one of America's 100 Most JUST Companies for the sixth time since 2018, ranking 60th overall and first in the Basic Resources category. The company was also recognized for excellence in corporate disclosures, ranking eighth overall among the top 250 S&P 500 companies and second in the materials category.

Freeport-McMoRan's stock ownership includes institutional, retail, and individual investors. Institutional investors hold a significant portion, ranging from approximately 49.18% to 85.63%. Major institutional owners include Vanguard Group Inc., BlackRock, Inc., and State Street Corp. Insiders own about 0.61% to 1.01% of the stock. James C. Flores is a significant individual shareholder, owning 10.89 million shares, representing 0.76% of the company.