Riding The Wave: Freeport-McMoRan Receives Upgrade As Analyst Foresees Copper And Gold Boom
Riding The Wave: Freeport-McMoRan Receives Upgrade As Analyst Foresees Copper And Gold Boom
Freeport-McMoRan Inc. (NYSE:FCX) shares are trading higher after BofA Securities analyst Lawson Winder upgraded the stock to Buy (from Neutral) with a price target of $59.
美國銀行證券分析師勞森·溫德將該股上調至買入（從中性），目標股價爲59美元，此後，弗裏波特-麥克莫蘭銅金公司（紐約證券交易所代碼：FCX）股價走高。
The bullish stance was due to expected higher quality copper leverage, robust and rising free cash flow, and material gold revenue (15% of the total).
看漲立場是由於預期銅的槓桿率會更高，自由現金流強勁且不斷增加，以及物質黃金收入（佔總收入的15％）。
Related: Will Copper Reach $10,000? 'An Essential Metal That Faces An Uncertain Future'
相關: 銅價會達到10,000美元嗎？“面臨不確定未來的必需金屬”
The analyst's rating reflects the company's successful transition to underground, block cave mining at Grasberg, more normalized copper production in the future and value-enhancing growth options, including low-grade leaching.
分析師的評級反映了該公司成功過渡到地下、格拉斯伯格的區塊洞穴採礦、未來銅產量更加正常化以及包括低品位浸出在內的增值增長選項。
The BofA Commodities team is now materially more bullish on gold prices and gave a constructive outlook on copper given robust energy transition demand and constrained supply.
鑑於強勁的能源轉型需求和供應受限，美銀大宗商品團隊現在對金價更加看好，並對銅給出了建設性的展望。
The analyst estimates FY24 average price for gold to increase by 17% to $2,317 per ounce (/oz), silver to rise 14% to $26.5/oz, and copper to be higher by 8% to $9,321 per tonne (/t) or $4.23 per pound (/lb).
分析師估計，24財年黃金的平均價格將上漲17％，至每盎司2317美元，白銀將上漲14％，至26.5美元/盎司，銅價將上漲8％，至每噸9,321美元（/噸）或每磅4.23美元（/磅）。
Also Read: Bank Of America Sees Gold At $3,000, Warns Of A Copper Supply Crisis: Metals 'Dance To Their Own Tune'
另請閱讀: 美國銀行預計黃金價格爲3,000美元，警告銅供應危機：金屬 “隨心所欲”
The analyst estimates EPS of $1.43 in FY24, $2.39 in FY25 and $2.45 in FY26 for the company.
該分析師估計，該公司的24財年每股收益爲1.43美元，25財年爲2.39美元，26財年每股收益爲2.45美元。
Investors can gain exposure to the stock via Exchange Traded Concepts Trust Optica Rare Earths & Critical Materials ETF (NYSE:CRIT) and VanEck Green Metals ETF (NYSE:GMET).
投資者可以通過交易所交易的概念信託基金Optica稀土與關鍵材料ETF（紐約證券交易所代碼：CRIT）和VanEck綠色金屬ETF（紐約證券交易所代碼：GMET）獲得股票敞口。
Price Action: FCX shares are up 2.02% at $51.01 on the last check Tuesday.
價格走勢：在週二的最後一次支票中，FCX股價上漲2.02％，至51.01美元。
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