2. As of noon trading, Freeport-McMoRan Copper & Gold ( FCX) is up $0.21 (0.6%) to $35.54 on light volume Thus far, 2.9 million shares of Freeport-McMoRan Copper & Gold exchanged hands as compared to its average daily volume of 19.1 million shares. The stock has ranged in price between $35.12-$35.59 after having opened the day at $35.32 as compared to the previous trading day's close of $35.33.

Freeport-McMoRan Copper & Gold Inc. engages in the exploration, mining, and production of mineral resources. The company primarily explores for copper, gold, molybdenum, cobalt hydroxide, silver, and other metals, such as rhenium and magnetite. Freeport-McMoRan Copper & Gold has a market cap of $33.8 billion and is part of the metals & mining industry. The company has a P/E ratio of 11.2, below the S&P 500 P/E ratio of 17.7. Shares are up 4.2% year to date as of the close of trading on Monday. Currently there are 9 analysts that rate Freeport-McMoRan Copper & Gold a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Freeport-McMoRan Copper & Gold as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and increase in net income. However, as a counter to these strengths, we find that the stock has had a generally disappointing performance in the past year. Get the full Freeport-McMoRan Copper & Gold Ratings Report now.

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