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Freeport-McMoRan Inc. Surges to 237th in Trading Volume with $420 Million in Shares Traded
Generated by AI AgentAinvest Volume Radar
Wednesday, May 21, 2025 8:01 pm ET1min read
On May 21, 2025,
(FCX) saw a significant increase in trading volume, with a total of $420 million in shares traded, marking a 39.31% rise from the previous day. This surge placed at the 237th position in terms of trading volume for the day. However, the stock price declined by 1.02%, marking the second consecutive day of losses, with a total decrease of 2.04% over the past two days.Freeport-McMoRan Inc. recently reported its first-quarter 2025 results, highlighting key financial metrics. The company's net income attributable to common stock for the first quarter of 2025 amounted to $352 million, or $0.24 per share. This financial performance has been a driving factor in the company's recent rebound, which has seen its stock price rise over 30% from its April lows.
During the first quarter of 2025, Freeport-McMoRan's copper and gold production aligned with expectations, while copper sales exceeded projections. This operational update reflects the company's efforts to stabilize and increase production in line with previous guidance. The positive Q1 earnings have provided a solid foundation for the company's future outlook, despite the recent market volatility.
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