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|FCX Crosses Above Average Analyst Target
Friday, March 31, 8:53 AM ET, by Market News Video Staff
In recent trading, shares of Freeport-McMoRan Inc (FCX) have crossed above the average analyst 12-month ...
Wednesday Sector Laggards: Materials, Industrial
Wednesday, April 12, 2:32 PM ET, by Market News Video Staff
Looking at the sectors faring worst as of midday Wednesday, shares of Materials companies are ...
Tyson Foods Moves Up In Market Cap Rank, Passing Freeport-McMoran Copper & Gold
Monday, April 17, 4:43 PM ET, by Market News Video Staff
In the latest look at the underlying components of the S&P 500 ordered by largest ...
Noteworthy ETF Outflows: PICK, NUE, FCX, STLD
Friday, April 21, 10:47 AM ET, by Market News Video Staff
Symbols mentioned in this story: PICK, NUE, FCX, STLD Exchange traded funds (ETFs) trade just ...
Notable Monday Option Activity: GME, GGP, FCX
Monday, April 24, 3:29 PM ET, by Market News Video Staff
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy ...
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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