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|Noteworthy Tuesday Option Activity: AVY, ADSK, FCX
Tuesday, October 25, 1:39 PM ET, by Market News Video Staff
Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume ...
See How Freeport-McMoran Copper & Gold Ranks Among Analysts' Top Metals Picks
Thursday, October 27, 11:49 AM ET, by Market News Video Staff
A study of analyst recommendations at the major brokerages shows that Freeport-McMoran Copper & Gold ...
Freeport-McMoRan Reaches Analyst Target Price
Monday, October 31, 9:43 AM ET, by Market News Video Staff
In recent trading, shares of Freeport-McMoRan Inc (FCX) have crossed above the average analyst 12-month ...
Tuesday Sector Leaders: Consumer Products, Materials
Tuesday, November 8, 2:34 PM ET, by Market News Video Staff
The best performing sector as of midday Tuesday is the Consumer Products sector, higher by ...
Noteworthy Wednesday Option Activity: NUE, IONS, FCX
Wednesday, November 9, 3:30 PM ET, by Market News Video Staff
Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume ...
Freeport-McMoRan Copper & Gold Announces Earnings; Golden Star Resources Announces Production Results
By Metals Channel Staff, Thursday, April 19, 2:36 PM ET
Freeport-McMoRan Copper & Gold (NYSE:FCX) today reported that it earned $764 million, or $0.80 per share, in the first quarter of 2012, versus $1.5 billion, or $1.57 per share, in the same period a year ago. Operating cash flows for first-quarter 2012 were $801 million versus $2.4 billion for first-quarter 2011. Based on current 2012 sales volume and cost estimates and assuming average prices of $3.50 per pound for copper, $1,600 per ounce for gold and $14 per pound
Shares are lower by about a tenth of a percent in early afternoon trading.
Golden Star Resources (AMEX:GSS) today announced preliminary first quarter 2012 production results for its Bogoso/Prestea and Wassa/HBB operations. The Company produced a total of 77,725 ounces of gold in the first quarter ended March 31, 2012, compared with guidance of 79,000 ounces. Preliminary cash operating cost for the quarter is approximately $1,120 per ounce.Wassa/HBB operations performed in line with expectations in the first quarter of 2012, with 36,483 ounces sold at an estimated cash operating cost of approximately $1,000 per ounce.
Shares are lower by about seven tenths of a percent in early afternoon trading.
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