Freeport-McMoRan Inc. Trading Volume Drops 34.67% to 272nd Rank Despite Stock Price Rise

Generated by AI AgentAinvest Market Brief
Tuesday, May 13, 2025 7:59 pm ET1min read

On May 13, 2025,

(FCX) saw a significant drop in trading volume, with a total of 4.02 billion shares traded, marking a 34.67% decrease from the previous day. This decline placed at the 272nd position in terms of trading volume for the day. Despite the drop in volume, the stock price of FCX rose by 0.92%, marking its fourth consecutive day of gains and a total increase of 6.62% over the past four days.

Freeport-McMoRan recently reported its first-quarter 2025 earnings, revealing that the company's revenues exceeded analysts' expectations. However, the earnings per share (EPS) fell short of projections. The company's net margin stood at 7.42%, with a return on equity of 7.50%. During the quarter,

generated revenue of $5.73 billion, which was in line with analysts' estimates.

In addition to its financial performance, Freeport-McMoRan declared quarterly cash dividends on its common stock. The company's strong operational results during the quarter contributed to a rally in its share price. Freeport-McMoRan's first-quarter 2025 financial and operating results were made available on its website, providing investors with detailed insights into the company's performance.

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