Analyst Recommendations And Earnings Forecast: Freeport-McMoRan Inc. (FCX), UR-Energy Inc. (URG)

Freeport-McMoRan Inc. (NYSE:FCX) last session’s volume of 26.11 million shares was higher than its average volume of 19.05 million shares. The stock, after opening at $15.26, hit $15.27 through the close by scoring 3.53%.

Freeport-McMoRan Inc. (FCX) Analyst Opinion

Freeport-McMoRan Inc. has a consensus hold rating from 23 Wall Street analysts, and the number of shares currently sold short amount to at least 3.51% of shares outstanding. The stock spiked 10.01% last month and is up 15.77 this year. Wall Street is only getting more bullish on the stock, with 6 of analysts who cover FCX having a buy-equivalent rating. Analysts have placed a $15.47 price target on Freeport-McMoRan Inc., suggesting a 1.31% gain from recent close. It’s currently trading about -10.49% below its 52-week high.

Freeport-McMoRan Inc. Earnings Surprise

Freeport-McMoRan Inc. (FCX) failed to surprise the stock market in its last reported earnings when it earned $0.17 a piece versus the consensus-estimated $0.2. Its revenue totaled $3.67 billion up 9.92% from the previous quarter.

Freeport-McMoRan Inc. (NYSE:FCX) Intraday View

This stock (FCX) is ahead of its 52-week low with 60.74%. Its last month’s stock price volatility remained 2.22% which for the week stands at 2.93%. The share price has moved forward from its 20 days moving average, trading at a distance of 6.72% and stays 5.4% away from its 50 days moving average. Over the last five days, shares have managed 6.63% gains and now is up 12.6% since hitting its 200-day moving average of $13.2. Freeport-McMoRan Inc. (FCX) has made its way to a 12-month gain of 58.07%.

Turning to UR-Energy Inc. (NYSE:URG), its shares were trading at $0.53 a retreat of $-0.03, on the trading floor. The stock, after opening at $0.54, touched a high of $0.55 before paring much of its gains. So far, analysts are sticking with their bullish recommendations with the consensus call at 1.8. UR-Energy Inc. has 1 buy ratings, 0 holds and 0 sells even after the stock tumbled -41.77% from its high of $0.91 to a $77.15 million market value through last close.

UR-Energy Inc. (URG) Consensus Price Target

The company’s consensus rating on Reuter’s scale slipped from 1.83 to 1.8 during a month. Analysts set a 12-month price target of $1.43 a share. The target implies a 169.81% spike from where the shares are currently trading. Also, the current price highlights a discount of 313.21% to analysts’ high consensus price target.

UR-Energy Inc. (NYSE:URG) Intraday Trading

The counter witnessed a trading volume of 0.29 million shares versus an average volume of 0.21 million shares during last trading session. Its last month’s stock price volatility remained 6.18% which for the week approaches 5.1%. The lowest price the stock reached in the last trading day was $0.51 and compares with the $0.41 52-week low. The stock recovered 30.49% since its low point and has performed -0.23% year-to-date.

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