Stock Alert: Freeport-McMoRan Up 9%

Shares of American mining company Freeport-McMoRan Inc. (FCX) are trading 9 percent higher on Wednesday despite there being no company announcement or other stock-driven news.

Phoenix, Arizona-based Freeport-McMoRan is a mining company, which operates large, long-lived, geographically diverse assets with significant proven and probable reserves of copper, gold and molybdenum. The company also operates IFCX, one of the largest publicly traded companies.

At present, the shares are trading at $36.64, up $2.33

The company's stock has traded between $7.30 and $39.10 during the 52-weeks period.

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