Freeport-McMoRan Stock Hits Day High with Strong 5.5% Intraday Surge

Freeport-McMoRan, Inc. has experienced a significant uptick in its stock performance, gaining 5.5% on February 24, 2026. The stock reached an intraday high of USD 68.84, showcasing its strong market activity. Over the past week, Freeport-McMoRan has outperformed the S&P 500, with a weekly gain of 8.02% compared to the index's 1.07%. In terms of longer-term performance, the company has shown impressive results, with a 12.37% increase over the past month and an outstanding 83.56% rise over the last year, significantly surpassing the S&P 500's 12.95% gain during the same period. Year-to-date, Freeport-McMoRan has achieved a 33.65% increase, further highlighting its robust market position. Financially, the company boasts a strong management efficiency with a return on capital employed (ROCE) of 34.16% and a low debt-to-EBITDA ratio of 0.47 times, indicating a solid ability to service its debt. Despite some flat results in recent quarters, Freeport-McMoRan continues to maintain a competitive edge in the minerals and mining industry.