Freeport-McMoRan Stock Loses 25% in 3 Months: Should You Buy Now?

Freeport-McMoRan Inc. (FCX) shares have lost 25.1% in the past three months. The downside is partly due to the slump in copper prices amid uncertainties over U.S. tariffs and concerns over FCX’s high production costs. Freeport has underperformed the Zacks Mining - Non Ferrous industry’s decline of 24.2% while outperforming the S&P 500’s fall of 13.6% in the past three months. Its peers, Southern Copper Corporation (SCCO) , BHP Group Limited (BHP) and Rio Tinto Group (RIO) , have lost 20.1%, 17.1% and 11.1%, ...