Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.
) pushed the Metals & Mining industry higher today making it today's featured metals & mining winner. The industry as a whole closed the day up 1.9%. By the end of trading, Freeport-McMoRan Copper & Gold rose $0.54 (1.5%) to $37.50 on average volume. Throughout the day, 8,979,150 shares of Freeport-McMoRan Copper & Gold exchanged hands as compared to its average daily volume of 10,478,500 shares. The stock ranged in a price between $36.94-$37.63 after having opened the day at $36.97 as compared to the previous trading day's close of $36.96. Other companies within the Metals & Mining industry that increased today were:
), up 29.6%,
), up 20.9%,
), up 17.5% and
), up 15.0%.
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Freeport-McMoRan Copper & Gold Inc. engages in the exploration of mineral resource properties. The company primarily explores for copper, gold, molybdenum, cobalt, silver, and other metals, such as rhenium and magnetite. Freeport-McMoRan Copper & Gold has a market cap of $37.7 billion and is part of the basic materials sector. Shares are up 8.1% year to date as of the close of trading on Thursday. Currently there are 13 analysts that rate Freeport-McMoRan Copper & Gold a buy, no analysts rate it a sell, and 2 rate it a hold.
TheStreet Ratings rates
Freeport-McMoRan Copper & Gold
. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, expanding profit margins and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share.
- You can view the full Freeport-McMoRan Copper & Gold Ratings Report.
On the negative front,
), down 10.0%,
), down 9.6%,
), down 5.3% and
), down 5.2%.
- Use our metals & mining section to find industry-relevant news.
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For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the metals & mining industry could consider
) while those bearish on the metals & mining industry could consider
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