FCX Freeport-McMoRan Inc.
Trend channel, buy level and 3-month target. Information only, not financial advice.
Below the channel · 18-month channel rising
Closed below support (US$68.08). Treat the buy level with caution.
- 18-month channel
- US$68.08 – US$74.31 · rising, +60% a year
- Price in channel
- −90% (0% = floor, 100% = ceiling)
- Ceiling overhead
- US$74.31
- Published levels
- Buy and target are not from this channel — see below.
What broke this trend
- The fall
- -22% from US$79.9025 Aug 2026 → 30 Oct 2026
- Whose problem it was
- This company0 of 2 Copper peers fell with it
- Does it resolve?
- Temporary falls like it have resolved on the record
- Regained so far
- 0%of what it lost
- What the record says
- 91% of 9 comparable falls came back, typically in 41 days measured on its own peer group
Fell -22% (25 Aug 2026 → 30 Oct 2026); regained 0% so far; company-specific.
Reported at the time: Freeport-McMoRan Stock Hits All-Time High: What's Happening? — 21 Aug 2026
Price history, with the path projected 3 months forward
Updated 10:31 PM ET (13 h ago)
- Daily close
- Upper trend line (18 months)
- Lower trend line (18 months)
- Dashed after today: projected 3 months
- Our buy
- Our target
Suggested path
Buy at or below
US$62.45
level as at 1 Nov 2026
Our target
US$71.82
by 4 Dec 2026
Projected move
15.0%
gross, before costs
Price is at or below our buy.
Target: FCX's usual move size (15.0%), the best return per day on this path.
This move size: reached in 40% of 9 past stretches, typically in 33 days. (0.45% per day)
- Upper line touches
- 9
- Lower line touches
- 6
- Fit confidence
- 24%
- Fitted
- 1 Nov 2026
Company information
About Freeport-McMoRan Inc.
Freeport-McMoRan Inc. is a prominent mining enterprise conducting extensive operations across North America, South America, and Indonesia. The company primarily focuses on the exploration and extraction of key mineral resources such as copper, gold, molybdenum, and silver, alongside other valuable metals. Additionally, it maintains a significant presence in the oil and gas sector. Its diverse portfolio of assets features the notable Grasberg minerals district in Indonesia; numerous sites in the United States including Morenci, Bagdad, Safford, Sierrita, and Miami in Arizona; Tyrone and Chino in New Mexico; and Henderson and Climax in Colorado. In South America, its holdings include Cerro Verde in Peru and El Abra in Chile. Beyond its mineral interests, Freeport-McMoRan operates a collection of oil and gas properties, predominantly situated off the coasts of California and in the Gulf of Mexico, managing approximately 135 wells as of December 31, 2021. Founded in 1987 and headquartered in Phoenix, Arizona, the company adopted its current name, Freeport-McMoRan Inc., in July 2014, having previously operated as Freeport-McMoRan Copper & Gold Inc.
- Sector
- Basic Materials
- Industry
- Copper
- CEO
- Kathleen L. Quirk
- Employees
- 29,000
- Country
- US
Scorecard
Our own scores from the fundamentals below (not Morningstar ratings).
- Valuation
- —
- Profitability
- —
- Financial health
- —
- Cash generation
- —
Key statistics
- Market cap
- US$89.78B
- Enterprise value
- —
- Beta
- 1.39
- Avg volume
- 13.22M
- Revenue per share
- —
- Dividend yield
- —
- 52-week range
- 38.54-80.24
- Exchange
- NYSE
Key ratios
- P/E (TTM)
- —
- PEG
- —
- Price / sales
- —
- Price / book
- —
- EV / EBITDA
- —
- Gross margin
- —
- Operating margin
- —
- Net margin
- —
- Current ratio
- —
- Quick ratio
- —
- Debt / equity
- —
- Interest cover
- —
Income statement
Balance sheet
Cash flow
Trend lines are fitted to past swing highs and lows and may not continue. Information only, not financial advice.