Freeport-McMoRan's 2.61% Drop Amid Revised Grasberg Output Guidance and 120th Rank in $720M Trading Volume

On September 12, 2025, , ranking 120th in market activity. The stock’s performance followed a mix of macroeconomic signals and operational updates affecting the copper and gold producer.

Recent developments highlighted supply-side dynamics in the mining sector. . , though the company emphasized long-term resilience in its resource base. Additionally, , suggesting a defensive approach amid volatile commodity markets.

Macroeconomic factors also influenced sentiment. A stronger U.S. , . , , .

To build a proper back-test for this “Top-500-by-Volume / 1-day-hold” strategy I need to confirm a few practical details: Market universe, price used for ranking & execution, portfolio construction, trading frictions, and benchmark comparisons. Once these parameters are finalized, , 2022, , 2025, .