Freeport-McMoRan Stock History: Everything Investors Need to Know
Freeport-McMoRan (NYSE: FCX) explores the globe in search of natural resource mining opportunities. With over 50,000 employees and contractors, it's one of the leading producers of gold, the single biggest producer of molybdenum (a rare element used in fabricating steel alloys), and the world's largest publicly traded copper producer. The company also has a long history of doing business and bringing online operational mines in foreign countries such as Indonesia.
Freeport's stock has languished in recent years, amid a bear market in key commodities like oil and copper. Read on for a history of Freeport-McMoRan and to learn what its past can tell current investors about what the future might hold for the company.
Source: Fool.com
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