Freeport-McMoRan Inc
FCX: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| &X | LOCK|NB | LOCK|n^zrJ@C |
Freeport-McMoRan Earnings: Soft Start as Expected, but Likely to Improve Over the Remainder of 2025
Freeport-McMoRan's first-quarter 2025 earnings are soft due to maintenance activities at its 49%-owned Grasberg copper and gold mine in Indonesia. Reduced copper and gold volumes and higher unit cash costs more than offset higher prices, with adjusted EBITDA down 23%, to USD 1.9 billion.
