Freeport-McMoRan Inc
FCX: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| <?L | LOCK|&! | LOCK|wcX<N?< |
We Reduce Freeport's FVE by 7% Driven by Lower Near-term Copper and Gold Volumes
Business Strategy and Outlook
Freeport-McMoRan owns stakes in 10 copper mines including three of the world’s largest: 49% of the Grasberg copper and gold operations in Indonesia, 55% of the Cerro Verde mine in Peru, and 72% of Morenci in Arizona.
