Freeport-McMoRan's Q4 Average Realized Prices $3.81/Pound For Copper, $2,034/Ounce For Gold And $20.66/Pound For Molybdenum
Portfolio Pulse from Benzinga Newsdesk
Freeport-McMoRan reported Q4 average realized prices of $3.81/lb for copper, $2,034/oz for gold, and $20.66/lb for molybdenum. Annual prices for 2023 were $3.85/lb for copper, $1,972/oz for gold, and $24.64/lb for molybdenum.

January 24, 2024 | 1:08 pm
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NEUTRAL IMPACT
Freeport-McMoRan's Q4 realized prices for copper, gold, and molybdenum indicate the company's revenue performance for the period, which could influence investor sentiment.
The reported prices for copper, gold, and molybdenum are indicators of Freeport-McMoRan's revenue from these commodities. While the prices provide insight into the company's performance, they do not directly indicate whether the financial results will exceed, meet, or fall short of market expectations. Therefore, the short-term impact on the stock price is uncertain, but these prices are relevant and important for investors to consider.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100