Freeport-McMoRan stock gains as copper-focused rally lifts valuation

Published on 09/19/2026 at 18:14 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Freeport-McMoRan stock rose 0.97 percent on September 19, 2026, closing at around USD 71.50 as copper prices supported miners. The shares now trade with a market capitalization above USD 100 billion and sit within 1 percent of their recent intraday high.

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Freeport-McMoRan stock (ISIN US35671D8570) climbed 0.97 percent to about USD 71.54 in New York trading on September 19, 2026, supported by a firm copper market and broader interest in mining names, according to The Rio Times.

Copper strength supports Freeport-McMoRan

The latest copper market overview shows Freeport-McMoRan closing at USD 71.54 on September 19, 2026, with a single-session gain of 0.97 percent and a weekly advance of 0.66 percent, as reported by The Rio Times.

Intraday data from a US trading platform indicate that on September 19, 2026, Freeport-McMoRan shares traded in a range between USD 70.49 and USD 71.68, with a last quoted price of USD 71.10 on the New York Stock Exchange and a market capitalization of USD 102.73 billion in USD terms, per Nasdaq data cited on a US brokerage portal.

Valuation and analyst stance

In the same snapshot, the brokerage overview calculates a price-to-earnings ratio of 34.98 for Freeport-McMoRan and a dividend yield of 0.85 percent, indicating that at roughly USD 71.10 on September 19, 2026, the stock trades at a premium valuation compared with many diversified miners while still offering a modest cash payout to shareholders.

The analyst section of the portal shows that, out of 26 tracked recommendations, 81 percent are Buy ratings, 15.4 percent are Hold and only 3.8 percent are Sell for Freeport-McMoRan, underscoring a predominantly positive view on the company at current copper prices as of September 19, 2026.

Stock near recent high for investors

With an intraday high of USD 71.68 and a low of USD 70.49 on September 19, 2026, Freeport-McMoRan stock ended the session just 0.8 percent below that day’s peak and 0.9 percent above the low, according to the same brokerage data, highlighting relatively tight trading and a price level close to the upper end of its recent daily range.