Freeport-McMoRan Inc. FCX shares have lost 25.1% in the past three months. The downside is partly due to the slump in copper prices amid uncertainties over U.S. tariffs and concerns over FCX’s high production...
Breakouts in the price of copper might lead investors to jump into other companies and names that could expose double-digit upside.
Freeport-McMoRan Inc. FCX is currently trading at a forward price/earnings of 21.65X, a roughly 10% premium to the Zacks Zacks Mining - Non Ferrous industry average of 19.77X, and higher than its five-year...
Shares of Vale S.A. VALE have inched up 1% since it reported fourth-quarter and 2024 results on Feb. 19. The company witnessed a 22% decline in fourth-quarter revenues while earnings plunged 64% attributed...
Shares of Rio Tinto RIO have lost 3% since it reported fiscal 2024 results on Feb. 19. The company reported a 1% decline in total revenues, a 2% drop in underlying EBITDA and an 8% decline in underlying...
As Australia steps into 2025, the mining sector faces a shifting economic landscape. While inflationary pressures have moderated and cost hikes have somewhat stabilized, labor costs continue to rise, posing...
BHP Group BHP reported underlying attributable profit from continuing operations of around $5.1 billion in the first half of fiscal 2025 (ended Dec. 31, 2024). The figure was 23% lower than a year ago,...
BHP flagged sluggish demand in developing economies as a risk and “trade tensions” as a potential hurdle for demand recovery in developed markets.
Vale S.A. VALE reported iron ore production of around 85 million tons (Mt) for the fourth quarter of 2024, which was 4.6% lower than the year-ago quarter, reflecting a shift toward higher-margin products.However,...
BHP Group BHP announced that its iron ore production rose 1% year over year to 66.2 Mt in the second quarter of fiscal 2025 (ended Dec. 31, 2024). Higher production at Western Australia Iron Ore ("WAIO")...