Freeport-McMoRan Inc. (FCX) shares fell 15.84 percent to $38.17 on Wednesday, sliding $7.19, amid weakness in mining names after G50 Corp. Limited reported strong antimony drill results at its White Caps project in Nevada. The drilling included one hole returning a peak of 3.5 percent Sb within a broader zone of elevated gold and antimony values.
The stock opened at $41.83 and traded between $39.80 and $41.99, compared with a prior close of $45.36 on the New York Stock Exchange.
Trading volume swelled to 39.8 million shares, well above the average of 14.8 million. Freeport-McMoRan now trades within a 52-week range of $27.66 to $52.61.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.