The Bid & Ask

Quotations, Dispatches, and the Daily Tape

Friday, August 14, 2026

Subject of the day

FCX

Concerning the House

Freeport-McMoRan Inc. engages in the mining of mineral properties in North America, South America, and Indonesia. The company primarily explores for copper, gold, molybdenum, silver, and other metals. Its assets include the Grasberg minerals district in Indonesia; Morenci, Bagdad, Safford, Sierrita, and Miami in Arizona; Chino and Tyrone in New Mexico; and Henderson and Climax in Colorado, North America, as well as Cerro Verde in Peru and El Abra in Chile. The company was formerly known as Freeport-McMoRan Copper & Gold Inc. and changed its name to Freeport-McMoRan Inc. in July 2014. The company was incorporated in 1987 and is headquartered in Phoenix, Arizona.

United States · fcx.com

The Long Run

FY 2009–2025 · 16 years

LineLatestCAGRTrend
Revenue$22.70B+0.8%
Operating income$6.22B-0.3%
Cash from ops$5.61B+1.6%
Quotation

$66.83

-2.39 (-3.5%)

52w hi$71.55
52w lo$34.96
Vol7.86M
As ofAug 13
The Verdict

Hold

Our score -0.03

Short+0.01
Medium-0.10
Long+0.01

computed 2026-08-13

By the Numbers

Freeport-McMoRan Inc.

Basic Materials · Copper

Market cap$93.56B
Enterprise value$117.79B
Trailing P/E32.76x
Forward P/E16.21x
EV / EBITDA12.33x
P / S (ttm)3.62x
Profit margin11.4%
Return on equity14.8%
Revenue growth-7.3%
Earnings growth+28.1%
Debt / equity32.15
Risk Metrics
Beta vs SPX1.76
Corr SPX0.60
Annual vol47.6%
Annual ret+35.8%
Sharpe0.75
Max DD-43.8%

Window: 504 trading days (504 obs)

Layer Breakdown
LayerRawContribution
Fundamental+0.26
Sector+0.03
Technical+0.05
Earnings+0.00
Sentiment+0.00

macro × 1.00 · 2026-08-13

Recent Sessions
DateOpenHighLowCloseVol
Aug 13$68.14$69.10$66.62$66.837.86M
Aug 12$70.09$70.09$68.71$69.228.17M
Aug 11$70.74$70.83$68.28$68.8711.95M
Aug 10$69.74$71.22$68.89$70.5111.80M
Aug 7$69.97$70.54$68.64$69.6211.29M