Freeport-McMoRan Trading Volume Plummets 54.25% to 196th Position

On April 25, 2025, Freeport-McMoRan (FCX) experienced a significant decline in trading volume, with a total of $408 million in shares traded, marking a 54.25% decrease from the previous day. This placed FCX at the 196th position in terms of trading volume for the day. The stock price of FCX also decreased by 0.74%.

Freeport-McMoRan recently released its first-quarter 2025 financial and operating results, highlighting a net income of $352 million, or $0.24 per share. This figure represents a decrease from the previous year's net income of $473 million, or $0.32 per share. The company's consolidated copper sales for the quarter amounted to 872 million pounds, exceeding expectations.

Despite the decline in net income, Freeport-McMoRan's revenue for the first quarter reached $5.73 billion, surpassing analyst forecasts. The company's strong copper sales volumes contributed to this positive revenue performance.

Freeport-McMoRan's first-quarter earnings report also included a declaration of quarterly cash dividends on common stock, demonstrating the company's commitment to returning value to its shareholders.