SimoneN/iStock via Getty Images Freeport McMoRan (NYSE:FCX) shares wobble between small gains and losses Tuesday after the copper producer guided for Q2 consolidated sales volumes nearly 5% below its April forecast of 975M lbs of copper and ~30% below its outlook for 500K oz of gold, citing the delay inContinue Reading
DNY59 Freeport Resources (TSXV:FRI:CA) (OTCQB:FEERF) said on Monday that the mineral exploration company has raised ~$4.4M so far as part of an ongoing private placement. The company provided an update on the non-brokered private placement offering on June 17. The up to $7M offering will now consist of up toContinue Reading
Sean Gallup/Getty Images News Alcoa (NYSE:AA) and Freeport McMoRan (FCX) edge higher in Friday’s trading as Morgan Stanley upgrades shares to Overweight from Equal Weight with respective $50 and $62 price targets, saying the stocks have underperformed the broader market and are now reasonably priced. Morgan Stanley’s Carlos De AlbaContinue Reading
