Browse by ▼

Freeport-McMoRan Copper & Gold, Inc.

  • Hedge Fund Y/Cap Management’s Top Picks

    By Meena Krishnamsetty - May 20, 2013 | Tickers: BP, FCX, FTR, RLGY, SDRL

    Y/Cap Management is a business unit of Yield Capital Partners, which was founded by Richard Haydon in 2009. As might be inferred from the name of its parent, Y/Cap often invests in income stocks on the theory that structural factors in the market will lead to return on equities coming predominantly in the form of dividends as opposed to capital gains. The fund has also taken large positions more »

  • 2 Metal Stock Buys with Solid Dividend Yield

    By Mitra S - May 16, 2013 | Tickers: FCX, MMR, PXP, RIO

    Precious metals including gold and silver saw their prices skyrocketing in the past year, but it did not help metal stocks much, especially for the industry giants with considerable exposure to copper. The industry is currently dealing with overproduction and the reports suggest that the trend is likely to continue. Consequently, the metal prices are expected to remain under pressure. However, despite these concerns, there are hidden gems which are more »

  • These Copper Miners Look Attractive

    By Robert Ciura - May 15, 2013 | Tickers: FCX, RIO, SCCO

    In today’s zero interest rate environment, investors continue to search for yield. While traditional sources of income, such as telecom or utilities stocks, continue to accomplish the goal of providing suitable income, savvy investors would be wise to turn to the copper industry.

    While it may seem surprising, the copper industry contains some large-caps that provide solid income. Making things even better, these stocks are trading for reasonable valuations more »

  • Where to Start: Basic Materials

    By Daniel Murray - May 15, 2013 | Tickers: AA, FCX, IYM, XLB, SLW

    The basic materials sector is considered a risky one in which to invest due to exchange rates, commodity price volatility, import controls, governmental regulation, environmental policies and changes in consumer demand.

    The article compares the recent performance and attributes of three companies in the sector, each specializing in a different metal: Freeport-McMoRan Copper & Gold (NYSE: FCX), Silver Wheaton Corp. (NYSE: SLW), and Alcoa Inc. (NYSE: AA), which specializes in aluminum more »

  • A Big Shareholder Going Against This Potential Deal

    By Mike Thiessen - May 14, 2013 | Tickers: FCX, NEM, PXP

    The already tenuous proposed merger deal between Phoenix-based mining giant Freeport McMoRan (NYSE: FCX) and Houston-based Plains Exploration & Drilling Corporation (NYSE: PXP) took another hit with the surprise announcement that a major Plains shareholder would not vote for the deal in its current form. The shareholder is a privately held asset management firm known as CR Intrinsic. Since CR's opinion is highly respected within the investment community, its announcement more »

  • Southern Copper Is On the Road To Recovery

    By Nur Tarkak - May 14, 2013 | Tickers: FCX, SCCO, SLT

    Southern Copper (NYSE: SCCO) released its first quarter financial report on April 26, showing quite disappointing figures. Almost all key result areas are down versus the previous quarter, and against the same period a year ago. But in spite of that, shares went up. It seems that investors did not care much about the current financial performance of the company. Instead, the trading of Southern Copper was heavily influenced by more »

  • Hedge Fund Peak6 Capital’s Top Stock Picks

    By Meena Krishnamsetty - May 14, 2013 | Tickers: C, FCX, PSX, QCOM

    Peak6 is a diversified financial services firm co-founded in 1997 by Matthew Hulsizer and Jennifer Just, who had previously worked together at Swiss Bank (one of the forerunners of UBS) and in derivatives at O’Connor & Associates. Among other services, Peak6 manages the online brokerage OptionsHouse, advises wealthy individuals, and operates a paper trading site. Peak6 also manages investments under the name Peak6 Capital. In 2010, Hulsizer launched an unsuccessful more »

  • Why Southern Copper Sees Hope In Ecuador

    By Jaiyant Cavale - May 8, 2013 | Tickers: WIRE, FCX, SCCO

    Southern Copper (NYSE: SCCO) has seen better days, and that was made obvious when it announced its first quarter results. Its net income fell by 20.3% to just $495.4 million. The company blamed its losses on lower ore grades at its Mexican and Peruvian mines. However, the future of the company is bright. Investors need to note that the company suggested in the first week of April that more »

  • A Flatlining ETF That Should Perform Better

    By Jeff Stouffer - May 8, 2013 | Tickers: DD, FCX, IYM, PX, DOW

    Investments that defy logic are more common than you'd think. Even during periods of modest growth of gross domestic product, indices and investment strategies based on basic materials would seem to benefit from improving economic conditions. The two one-year charts below display a disparity of this premise. The first chart is the one-year US GDP, and the other is a one-year chart of the iShares Dow Jones US Basic more »

  • Why Diversifying Is Key for This Copper Play

    By Marshall Hargrave - April 30, 2013 | Tickers: VALE, FCX, RIO

    Gold is plunging and cooper entered a bear market in recent days; the fact that Freeport-McMoRan Copper & Gold (NYSE: FCX) is entering the oil and gas market is beginning to make more sense. Freeport has been heavily tied to the copper industry:

    Freeport's stock has been pressured by 10% in recent days on tumbling gold and copper prices. Freeport currently derives more than 80% of its revenue from cooper more »

  • Is Freeport-McMoRan a Buy?

    By Meena Krishnamsetty - April 29, 2013 | Tickers: CLF, VALE, FCX, NEM, SCCO

    The recent market dip has not been good news for Freeport-McMoRan Copper & Gold (NYSE: FCX), a leading miner of copper (demand for which is often taken as an indicator of the global economy’s health), as well as gold. The stock is now down 20% year-to-date, and even at the beginning of 2013, its price was on the decline after the company announced an acquisition of two oil and gas more »

  • Should You Catch This Falling Knife?

    By Meena Krishnamsetty - April 26, 2013 | Tickers: ABX, FCX, GG, NEM

    The precious metals sector has had a rough week, as commodity prices for metals went into a free fall after negative economic news out of China. Gold prices led the way with a drop of over 15% from April 11 to April 15. Copper similarly experienced a large price move, dropping from $342.5 to around $315 per pound.

    Freeport-McMoRan Copper & Gold (NYSE: FCX) is often thought of by the more »

  • Gold Falling, But There Is Hope

    By Neal Sayatovich - April 22, 2013 | Tickers: FCX, GOLD

         When I worked in the media field I was fortunate enough to work with some very stock savvy coworkers. There was a website that simulated the stock market and I was allowed to join the companies internal competition. Some of the advice I was given was to always look at oil, gold and medical technology. So early on I watched gold and other precious metals as they were some of more »

  • Time to Buy That Falling Golden Knife?

    By Joshua Bondy - April 21, 2013 | Tickers: ABX, FCX, AUY

    The world of gold is quite lively these days. Sudden mine closures and falling gold prices are causing havoc in the market. Gold is a safe-haven, a place of security that people look to in times of political and financial upheaval. Until another disaster strikes, gold's prospects look rather dim. 

    Gold Price in US Dollars data by YCharts

    Why is the price of gold falling? 

    The above chart shows more »

  • Making Money From Precious Metal Drops

    By Ash Anderson - April 20, 2013 | Tickers: ABX, FCX, SLW

    Gold and silver are doing terrible this year. At the time of writing, gold is down more than 17% in 2013, and silver is off by an incredible 22%.

    With the massive drops from these precious metals came the massive drops of those who mine them. Silver Wheaton (NYSE: SLW), Freeport-McMoRan (NYSE: FCX), and Barrick Gold (NYSE: ABX) have all been following the industry on the way down.

    With all more »

  • Gold Drops! What 'They' Don't Want You to Know

    By Adem Tahiri - April 19, 2013 | Tickers: ABX, FCX, NOV, GLD

    The price of gold, and the broader commodities market, plummeted on Monday morning. At one point SPDR Gold Shares (NYSEMKT: GLD)ETF, was down over 8%, hitting fresh 52-week lows at $130. Miners like Barrick Gold (NYSE: ABX) and Freeport-McMoRan (NYSE: FCX) fared even worse, with Barrick's shares plunging over 12%. The sudden "flash crash," and broader gold decline in recent months, has left investors searching for answers.

    The more »

  • Making Money From Precious Metal Drops

    By Ash Anderson - April 17, 2013 | Tickers: ABX, FCX, SLW

    Gold and silver are doing terrible this year. At the time of writing gold is down more than 17% in 2013, and silver is off by an incredible 22%.

    With the massive drops from these precious metals came the massive drops of those who mine them. Silver Wheaton (NYSE: SLW), Freeport-McMoRan (NYSE: FCX), and Barrick Gold (NYSE: ABX) have all been following the industry on the way down with the more »

  • Gold Drops! What "They" Don't Want You to Know

    By Adem Tahiri - April 17, 2013 | Tickers: ABX, FCX, NOV, GLD

    The price of gold, and the broader commodities market, plummeted on Monday morning. At one point SPDR Gold Shares (NYSEMKT: GLD)ETF, was down over 8%, hitting fresh 52-week lows at $130. Miners like Barrick Gold (NYSE: ABX) and Freeport-McMoRan (NYSE: FCX) fared even worse, with Barrick's shares plunging over 12%. The sudden "flash crash," and broader gold decline in recent months, has left investors searching for answers.

    The more »

  • Should You Bet on These Beaten Down Copper Plays?

    By Jacob Wolinsky - April 16, 2013 | Tickers: AZC, FCX, SCCO

    Despite a gradually improving domestic economy, prices of many basic-material commodities are depressed. This is because metal markets, for example, are interlinked and price movements depend on net changes in demand. Since European economies are faced with prospects for a full blown recession while China is merely a shadow of its past, a slowly improving US economy is too weak a pull for metal prices. 

    Copper depressed

    One of these more »

  • A Copper Stock to Burnish Your Portfolio

    By Michael Ugulini - April 15, 2013 | Tickers: FCX, RIO, SCCO

    Better your own copper than another man's gold.

                                                      -Georgian Proverb

    Investing in companies with significant interests in copper can be a road to shareholder returns. However, the caveats are what's going on in the global economy and what future economic trends signify. Consider that copper prices rise when the overall global economy expands and new construction is robust. But when the overall global economy takes a nose dive more »

  • Page 1 of 9