Freeport-McMoRan stock rises on upbeat Q3 results

Freeport-McMoRan (FCX) reported a 99% jump in earnings for the third quarter helped by higher copper ore grades, gold ore grades and operating rates in Indonesia. The results exceeded analysts’ expectations. Following this, the stock rose over 3% in the premarket session. Net income soared 99% to $556 million and earnings surged to $0.38 per … Continue reading Freeport-McMoRan stock rises on upbeat Q3 results