Copper Prices Have Recovered A Bit. Is Freeport Stock Worth A Look?

Copper Prices Have Recovered A Bit. Is Freeport Stock Worth A Look?

FCX, one of the largest producers of copper, has seen its stock rally by close to 30% over the last quarter. Copper futures prices have risen in recent months, rising from about $3.30 per pound in early October to almost $3.80 per pound currently, although they remain below the $4.40 levels..