Freeport-McMoRan and the Copper Cost of Carry
FCX trades at 14x forward earnings with a 2.19% FCF yield as the Bagdad mine expansion looms. We audit the 4.86% hurdle rate and options gamma profile.
Basic Materials
FCX trades at 14x forward earnings with a 2.19% FCF yield as the Bagdad mine expansion looms. We audit the 4.86% hurdle rate and options gamma profile.