FCX Stock Forecast: The Impact of Rising Copper Prices on FCX

June 15, 2022
He Xu This FCX Stock Forecast article was written by He Xu – Financial Analyst at I Know First.

Summary:

  • The rising copper price influenced Freeport-McMoRan Inc’s capital structure and improved its profitability and solvency.
  • Freeport-McMoRan Inc has confidence in its solvency and liquidity, financing new projects with debt although its equity-to-asset is worse than 86% of peers in the industry.
  • The Piotroski F-Score provides a positive outlook for FCX’s stocks with a score of 9.

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