Freeport-McMoRan Copper & Gold: Continuing the move (NYSE:FCX)

by Josh Freeport-McMoRan Copper & Gold ($FCX) is continue the move to the upside. Freeport-McMoRan Copper & Gold is up 3.12% at $31.63 on a volume of 14,417,700 shares. Freeport-McMoRan Copper & Gold continues to trade along the upper edge of the price envelope.

Shares broke above the series of lower highs and higher lows forming a coil pattern yesterday. Shares are continuing that move on heavy volume today.

52 Week Range $26.37-$43.65 Market Cap 30,154,321,708 Average Volume 16,754,252 Dividend Yield 7.30% Institutional Ownership 75.60% Insider Ownership: 1.30% Percentage of Float Short 3.40% Beta 2.00

Freeport-McMoRan Copper & Gold Freeport-McMoRan Copper & Gold was incorporated under the laws of the state of Delaware on November 10, 1987. The Company deals in the mining of copper, gold and molybdenum.

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