BofA Securities Downgrades Freeport-McMoRan (FCX) to Neutral, 'Grasberg operational challenges a material overhang'

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Freeport-McMoran (FCX) call put ratio 1.6 calls to 1 put as share price down 15.7%

September 24, 2025 3:24 PM EDT

Freeport-McMoran (NYSE: FCX) 30-day option implied volatility is at 47; compared to its 52-week range of 32 to 83. Call put ratio 1.6 calls to 1 put as share price down 15.7%.

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Freeport-McMoRan (FCX) PT Lowered to $46 at Jefferies

September 24, 2025 11:17 AM EDT

Jefferies analyst Christopher LaFemina lowered the price target on Freeport-McMoRan (NYSE: FCX) to $46.00 (from $48.00) while maintaining a Buy rating.

The analyst comments "Impact on Estimates: We have lowered our estimates to reflect the revisions to guidance. This change leads to an 26% reduction to our consolidated 2026 EBITDA forecast and a 23% change to our attributable 2026 EBITDA forecast... More

Freeport-McMoRan (FCX) PT Lowered to $48 at BMO Capital

September 24, 2025 10:51 AM EDT

BMO Capital analyst Katja Jancic lowered the price target on Freeport-McMoRan (NYSE: FCX) to $48.00 (from $54.00) while maintaining a Outperform rating.

The analyst comments "Freeport provided preliminary impact from the unprecedented mud rush incident at the Grasberg Block Cave mine that occurred on September... More

LME Copper Jumps 3% After Freeport's Force Majeure At Grasburg

September 24, 2025 10:32 AM EDT

LME Copper Jumps 3% After Freeport's Force Majeure At Grasburg

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RBC Capital on Freeport-McMoRan (FCX) Guidance: 'This event is likely to drive higher copper prices'

September 24, 2025 9:44 AM EDT

RBC Capital analyst Sam Crittenden reiterated a Sector Perform rating and $54.00 price target on Freeport-McMoRan (NYSE: FCX).

The analyst comments "We expect a negative reaction from FCX shares on lowered Q3 sales guidance at Grasberg (38% of RBCe NAV) with production impacted... More

Freeport declares force majeure at Grasberg, expects lower copper, gold sales

September 24, 2025 8:35 AM EDT

By Pooja Menon

(Reuters) -Freeport-McMoRan on Wednesday declared force majeure at its Grasberg mine in Indonesia and said it is expecting consolidated sales to be lower for copper and gold in the third quarter, sending its shares down 10.4%.

Earlier this month, the company had temporarily halted mining at Grasberg after a large flow of wet material blocked access to parts of its underground mine, restricting... More

Freeport-McMoran (FCX) Declares $0.075 Quarterly Dividend; 0.7% Yield

September 24, 2025 8:30 AM EDT

Freeport-McMoran (NYSE: FCX) declared a quarterly dividend of $0.075 per share, or $0.3 annualized.


The dividend will be payable on November 3, 2025, to stockholders of record on October 15, 2025, with an ex-dividend date of October 14, 2025.


The annual yield on the dividend is 0.7 percent.

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Freeport finds two dead workers in Indonesian mine, five still missing

September 24, 2025 8:00 AM EDT

Freeport-McMoRan Inc. (NYSE: FCX) reported that two workers were found dead following a September 8 mud rush incident at its Grasberg Block Cave mine in Indonesia, with five team members still missing.

The incident involved approximately 800,000 metric tons of wet material that entered the mine and traveled to multiple levels. Mining operations in the Grasberg minerals district have... More