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Freeport-McMoRan Inc FCX

Freeport-McMoRan Inc. is an international mining company. The Company operates geographically diverse assets with significant proven and probable reserves of copper, gold and molybdenum. Its portfolio of assets includes the Grasberg minerals district in Indonesia, which is a copper and gold deposits, and significant mining operations in North America and South America, including the Morenci minerals district in Arizona and the Cerro Verde operation in Peru. Its segments include the Morenci, Cerro Verde and Grasberg (Indonesia mining) copper mines, the Rod & Refining operations and Atlantic Copper Smelting & Refining. In North America, it operates seven copper mines: Morenci, Bagdad, Safford (including Lone Star), Sierrita and Miami in Arizona, and Chino and Tyrone in New Mexico, and two molybdenum mines: Henderson and Climax in Colorado. In South America, it also operates the El Abra copper mine. The Morenci mine produces copper cathode, copper concentrate and molybdenum concentrate.


NYSE:FCX - Post by User

Comment by Cobalton Apr 26, 2021 12:32pm
185 Views
Post# 33067118

RE:Currently FCX has a PE of OVER 92. If you now look at IVN,

RE:Currently FCX has a PE of OVER 92. If you now look at IVN,what may be may be till then FCX shows more strength
Early OCT 19 to take out the pandemic dip 

FCX      357% ish 
IVN       172% ish
COPX   148% ish    global copper miner etf 

Why is it IVN barely beats out a ETF? Congo? Chinese? do tell?
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