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Freeport-McMoRan (BUE:FCX) Marketable Securities : ARS0 Mil (As of Dec. 2024)


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What is Freeport-McMoRan Marketable Securities?

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price. Freeport-McMoRan's Marketable Securities for the quarter that ended in Dec. 2024 was ARS0 Mil.


Freeport-McMoRan Marketable Securities Historical Data

The historical data trend for Freeport-McMoRan's Marketable Securities can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Freeport-McMoRan Marketable Securities Chart

Freeport-McMoRan Annual Data
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Marketable Securities
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Freeport-McMoRan Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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Freeport-McMoRan Marketable Securities Calculation

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.


Freeport-McMoRan  (BUE:FCX) Marketable Securities Explanation

Marketable Securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices.

Please note, GuruFocus' Marketable Securities also includes "Other Short Term Investment".


Freeport-McMoRan Marketable Securities Related Terms

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Freeport-McMoRan Business Description

Address
333 North Central Avenue, Phoenix, AZ, USA, 85004-2189
Freeport-McMoRan owns stakes in 10 copper mines, led by its 49% ownership of the Grasberg copper and gold operations in Indonesia, 55% of the Cerro Verde mine in Peru, and 72% of Morenci in Arizona. It sold around 1.2 million metric tons of copper (its share) in 2024, making it the one of the world's largest copper miners by volume. It also sold about 900,000 ounces of gold, mostly from Grasberg, and 70 million pounds of molybdenum. It had about 25 years of copper reserves at end December 2024. we expect it to sell similar amounts of copper midcycle in 2029, though we expect gold volumes to decline to about 700,000 ounces then due to falling production at Grasberg.