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Actionable news in FCX: FreePORT-MCMORAN Inc,

Freeport-McMoRan Share Price To Double Again?


Freeport-McMoRan's share price grew by 230% since January 22, as copper, gold and oil prices rebounded.

The heavy debt load is manageable at the current market conditions.

The copper market is expected to get into a deficit, by 2018.

The technical analysis provides bullish signals, a reverse head & shoulders pattern will be confirmed, after Freeport's share price grows above $14.

Baring any collapse of the global economy, Freeport-McMoRan's share price may double again easily.

Freeport-McMoRan (NYSE:a>