Wall Street's Copper Crush: Can Freeport McMoRan Maintain Its Hot Streak? The mining industry has been on a tear lately, with copper prices reaching historic highs and miners like Freeport McMoRan Inc.
benefiting from the surge. However, beneath the surface, FCX's performance reveals some concerning signs for investors. FCX is one of the largest players in the sector, with a market capitalization of $88.
6 billion and a portfolio that includes copper, gold, molybdenum, silver, and other metals. Over the past year, shares have outperformed the broader S&P 500 Index by a significant margin, rising 39% compared to its 16.