FCX Surges 3.74% on 81.46% Volume Jump, Climbs to 223rd in Trading Activity Rankings

On August 22, 2025, Freeport-McMoRan (FCX) saw a trading volume of $0.47 billion, an 81.46% increase from the prior day, ranking it 223rd in market activity. The stock closed up 3.74%, reflecting renewed investor interest in its operations and recent financial performance.

Freeport’s second-quarter 2025 results highlighted a 25.3% year-over-year rise in net income to $772 million, driven by higher copper and gold prices. Adjusted earnings per share reached 54 cents, exceeding estimates. Revenues climbed 14.5% to $7.58 billion, supported by elevated metal prices. Despite a 7.1% decline in copper production to 963 million pounds, consolidated copper sales rose 9.1% to 1.016 billion pounds, attributed to shipment timing. Gold sales surged 44.6% to 522,000 ounces, while molybdenum output increased 4.8% to 22 million pounds. The company’s average realized copper price hit $4.54 per pound, and gold prices averaged $3,291 per ounce, both surpassing estimates.

Operational costs showed improvement, with cash costs per pound of copper declining to $1.13 from $1.73 in the prior year. However, cash reserves fell 14.8% to $4.49 billion, while total debt remained at $9.25 billion. Freeport projects 2025 consolidated sales of 3.95 billion pounds of copper, 1.3 million ounces of gold, and 82 million pounds of molybdenum, with third-quarter guidance aligning closely with these figures.

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