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Stock Update: Freeport-McMoRan Copper & Gold Inc (NYSE:FCX) – March 28 Deadline Alert: Law Offices of Howard G. Smith Reminds Freeport-McMoRan Inc. Investors of Upcoming Lead Plaintiff Deadline and Encourage Investors with Losses over $1 Million to Contact the Firm

[Business Wire] – Law Offices of Howard G. Smith reminds investors of the upcoming March 28, 2016 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased Freeport-McMoRan Inc. Read more on this. Freeport-McMoRan Inc. (FCX) , valued at $12.70B, started the session at $10.57. During today’s session, FCX traded between $10.05 to $10.72 and has traded between $3.52 and $23.97 over the past year. FCX shares are currently priced at 108.00x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s -1.98x earnings multiple. Consensus earnings for the current quarter by the 15 sell-side analysts covering the stock is an estimate of $-0.19 per share, which would be $0.00 better than the year-ago quarter and a $0.02 sequential increase. What we find to be interesting is that the full-year EPS estimate of $0.10 is a $0.18 improvement when compared to the previous year’s annual results. The quarterly earnings estimate is predicated on a consensus revenue forecast of $3.45 Billion. If reported, that would be a 16.87% decrease over the year-ago quarter. More recently, BofA/Merrill upgraded FCX from Underperform to Neutral (Mar 1, 2016). Previously, Berenberg Initiated FCX at to Hold. Investors should keep in mind is that the average price target is $6.90, which is 34.72% below where the stock opened this morning. See more in (NYSE:FCX) Similar Articles: Market Update: Freeport-McMoRan Copper & Gold Inc (NYSE:FCX) – INVESTOR ALERT: The Law Offices of Vincent Wong Remind Investors of Class Action Involving Freeport-McMoRan Inc. and a Lead Plaintiff Deadline of March 28, 2016 – FCX Stock Update: Freeport-McMoRan Copper & Gold Inc (NYSE:FCX) – STOCK ALERT: Rosen Law Firm Reminds Freeport-McMoRan Inc. Investors of the Important Deadline in Class Action – FCX Company Update: Freeport-McMoRan Copper & Gold Inc (NYSE:FCX) – SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders With Losses on Their Investment in Freeport-McMoRan Inc. of Class Action Lawsuit and Upcoming Deadline – FCX
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