Where are Freeport McMoRan mines?

Where are Freeport McMoRan mines?

In North America, FCX operates seven open-pit copper mines — Morenci, Bagdad, Safford, Sierrita and Miami in Arizona, and Chino and Tyrone in New Mexico; and two molybdenum mines — Henderson and Climax in Colorado.

What is Freeport McMoRan home country?

American
Atlantic Copper, S.A. Freeport-McMoRan Inc., often called Freeport, is an American mining company based in the Freeport-McMoRan Center, in Phoenix, Arizona.

Is Freeport McMoRan profitable?

The Phoenix-based mining company posted earnings of 73 cents a share, up from 3 cents a share in 2020’s second quarter. Net income attributable to common stockholders rose to $1.08 billion, from $53 million a year earlier. Excluding one-time items, the company’s adjusted earnings were 77 cents a share.

Is Freeport McMoRan a good buy?

FCX is currently holding a Zacks Rank of #2 (Buy) and a Value grade of A. The stock has a Forward P/E ratio of 9.08. This stock’s P/B looks solid versus its industry’s average P/B of 2.75. FCX’s P/B has been as high as 3.34 and as low as 1.09, with a median of 2.26, over the past year.

Does Freeport McMoRan pay a dividend?

Freeport-McMoRan Declares Quarterly Cash Dividend on Common Stock. (NYSE: FCX) announced today that its Board of Directors (“Board”) declared a cash dividend of $0.075 per share on FCX’s common stock payable on August 2, 2021, to stockholders of record as of July 15, 2021.

Is Freeport McMoRan a good place to work?

Great pay, Benefits, and Job Security Freeport McMoran is a great place to work for the benefits and the excellent pay. Meaning if an employee makes a genuine effort to try a new process in an effort to make things better, and ultimately if the idea fails Freeport look at that failure as a learning experience.

Who is the largest producer of iron?

The world’s top five largest iron ore producing countries in 2020

1. Australia – 900 million tonnes.
2. Brazil – 400 million tonnes.
3. China – 340 million tonnes.
4. India – 230 million tonnes.
5. Russia – 95 million tonnes.

Is Freeport a good investment?

Freeport and Southern Copper (NYSE:SCCO) are the only major U.S.-listed pure-play copper stocks. Southern Copper does tend to have higher earnings margins and lower cash costs. As such, Freeport is better positioned for investors over the medium term.

What is Freeport-McMoRan dividend yield?

FCX Dividends News Freeport-McMoran (FCX) Declares $0.075 Quarterly Dividend; 0.8% Yield.