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Actionable news in FCX: FreePORT-MCMORAN Inc,

Freeport-McMoRan: Not The Time To Sell


Copper prices should continue the rise over the next two years as the demand rises.

Gold prices have gone up considerably and the average realized price for 2016 will be higher.

Rising prices plus growing production means wider profit margins.

Losses are mainly coming from the oil and gas assets in the shape of impairments, which is a non-cash expense.

Fundamentals of the industry as well as the company are strong.

Freeport-McMoRan (NYSE:FCX) has had an amazing six months as the stock has more than quadrupled. There are now doubts among the shareholders or new investors about the further rally. However, I believe the stock price has a lot room to rise over the next few months, based on a number of reasons. Current shareholders should hold...