Freeport - McMoRan'ın Hisse Senedi Performansı Diğer Bakır Stoklarına Göre Nasıldır?

How Is Freeport-McMoRan’s Stock Performance Compared to Other Copper Stocks

Fri, September 4, 2026 at 3:26 PM GMT+3 2 min read

Phoenix, Arizona-based Freeport-McMoRan Inc. (FCX) is a leading international metals company focused primarily on copper. With a market capitalization of approximately $106.2 billion, it operates large, long-lived mining assets across Indonesia and the Americas, producing copper, gold, and molybdenum from significant global reserves.

Companies worth $10 billion to $200 billion are generally described as "large-cap stocks," and Freeport-McMoRan fits that description, with its market cap exceeding this threshold and reflecting its substantial size, influence, and dominance in the copper industry. Its diversified portfolio of major copper and gold mines across multiple regions reduces exposure to regional disruptions. Strong profitability, cost management, operational efficiency, and a high growth outlook further strengthen its competitive position and support its ability to capitalize on rising demand for copper.

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However, FCX has slipped 9.6% from its 52-week high of $80.24, reached on August 26, 2026. Over the past three months, FCX stock has gained 2.7%, slightly outperforming the Global X Copper Miners ETF (COPX), which has gained 1.1% over the same period.

Shares of FCX have climbed 42.9% year-to-date, outperforming COPX's 27.1% gain. But over the past 52 weeks, FCX has gained 57%, underperforming COPX's 78.8% gain over the same period.

FCX has traded above its 200-day moving average since late November last year and its 50-day moving average since early August, signaling a sustained upward trend.

FCX has lagged the broader market over the past year amid delays in recovering production at its flagship Grasberg mine in Indonesia. Wetter-than-expected ore and equipment modifications pushed the expected recovery to 65% from 85%, while lower copper and gold output and rising diesel costs weighed on investor sentiment.

On July 23, FCX shares fell 2.3% after the company reported its Q2 results. Despite the decline, its adjusted EPS of 74 cents surpassed Wall Street expectations of 62 cents, while revenue of $7.03 billion beat forecasts of $6.47 billion.

In the competitive copper industry, top rival Southern Copper Corporation (SCCO) has outperformed FCX, gaining 97.7% over the past year.

Wall Street analysts are bullish on FCX's prospects. The stock has a consensus "Strong Buy" rating from 24 analysts covering it. The mean price target of $73.33 implies 1.1% upside from current levels.

On the date of publication, Kritika Sarmah did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Barchart.com