Report
EUR 12.77 For Business Accounts Only

An unfavourable environment weighs on FREEPORT-MCMORAN, which sees a downgrade to Slightly Negative

The independent financial analyst theScreener just requalified the general evaluation of FREEPORT-MCMORAN (US), active in the Non Ferrous Metals industry. As regards its fundamental valuation, the title still shows 1 out of 4 stars and its market behaviour is seen as moderately risky. theScreener believes that the unfavourable environment weighs on the sector and penalises the company, which sees a downgrade to its general evaluation to Slightly Negative. As of the analysis date February 1, 2022, the closing price was USD 39.02 and its target price was estimated at USD 30.17.
Underlying
Freeport-McMoRan Inc.

Freeport-McMoRan is a holding company. Through its subsidiaries, the company is a mining company. The company operates assets with proven and probable reserves of copper, gold and molybdenum, and the company is a publicly traded copper producer. The company's portfolio of assets includes the Grasberg minerals district in Indonesia, copper and gold deposits; and mining operations in North America and South America, including the Morenci minerals district in Arizona and the Cerro Verde operation in Peru. The company has organized its mining operations into four primary divisions: North America copper mines, South America mining, Indonesia mining and Molybdenum mines.

Provider
TheScreener
TheScreener

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