Arizona-based Freeport-McMoRan Inc. (FCX) is a leading international mining company involved in the mineral exploration and processing of copper, gold, molybdenum, and silver. With a market cap of $52.1 billion, its operations are conducted through PT Freeport Indonesia, Freeport-McMoRan Corporation, and Atlantic Copper.
Shares of FCX have struggled to keep up with the broader market over the past year. FCX has plunged 8.3% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 23.3%. In 2025 alone, FCX’s stock dwindled 3.8%, compared to SPX’s 3.2% rise on a YTD basis.
