World's Largest Copper Producer Freeport Estimates Proposed Tariffs Could Raise US Cost Of Goods Purchased By 5% - Freeport-McMoRan ( NYSE:FCX )
Freeport-McMoRan's Q1 revenue of $5.73B beats consensus, with copper sales at 872M pounds. Q1 gold sales miss estimates; copper cost reduction expected in 2025 amid ongoing efficiency efforts. Today's manic market swings are creating the perfect setup for Matt's next volatility trade.
https://www.benzinga.com/25/04/44988722/freeport-mcmoran-exceeds-q1-copper-sales-estimates-expects-lower-copper-costs-amid-tariff-concerns