Freeport-McMoRan Copper & Gold, Inc. (NYSE:FCX)

CAPS Rating: 4 out of 5

Through its subsidiaries, the Company engages in the exploration, mining, and production of copper, gold, and silver. It also smelts and refines copper concentrates, and markets the refined copper products.

Recs

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Player Avatar Cicciano (34.02) Submitted: 7/4/2013 3:43:56 PM : Outperform Start Price: $27.33 FCX Score: +19.93

Mining companies are oversold but the sellers are not really thinking things out. China growing "only" 5% per annum? That is still growing and the absolute growth numbers are MORE than 9% eight years ago! These stocks will recover with ore prices and with its copper deposits, Freeport will have a healthy future.

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