FCX Insider PurchaseNews today on insider buying.
Link is https://finance.yahoo.com/news/freeport-mcmoran-glu-mobile-others-130520816.html
Freeport-McMoRan
As copper prices retreated from year-to-date highs in May, and with the share price pulling back as well, the vice chairman of the board purchased 60,000
Freeport-McMoRan Inc (NYSE:
FCX) at $20.52 apiece. Last week's transaction cost him around $1.23 million.
This Phoenix, Arizona-based natural resource company has a market cap of more than $20 billion and a dividend yield near 1.0 percent. Here too the return on equity is in the red, but the long-term earnings per share (EPS) growth forecast is about 12 percent. Shares ended Friday's trading session at $19.65.