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Key facts: Class Action Filed Against Freeport-McMoRan; Shares Rise 1%

A class action lawsuit has been filed against Freeport-McMoRan Inc. for alleged securities fraud. Shareholders can apply for Lead Plaintiff status until January 12, 2026.1Freeport-McMoRan Inc. (FCX) shares increased 1% to $51.14, up 35% in 2025, driven by a 3.3% rise amid a rally in precious metals as gold and silver hit record highs.2

TradingView·
US
FCX
+2.65%
TradingView·
US
FCX
+2.65%

Teck Resources (NYSE:TECK) Sets New 1-Year High - Here's Why

Teck Resources (NYSE:TECK) reached a new 52-week high, trading at $46.6350. Analysts have mixed ratings, with a consensus "Hold" and a price target of $55.71. The company reported a quarterly EPS of $0.55, beating estimates, and increased its dividend to $0.125 per share. Institutional investors have adjusted their stakes, with 78.06% ownership. The stock's rise is attributed to positive financial performance and analyst ratings.

Market Beat·
US
TECK
+3.52%
Market Beat·
US
TECK
+3.52%

BUZZ-Copper miners rise on weaker dollar and supply outlook

Copper miners' shares rise as copper prices increase, driven by speculative buying amid a weaker dollar and supply concerns. Benchmark copper gains 1% to $12,039 per metric ton. Rio Tinto climbs 1.2%, BHP Group up marginally, Southern Copper up ~1%, Freeport-McMoRan rises 2.6%, Hudbay Minerals gains 1%, Teck Resources up 4%, and Ero Copper gains ~1%.

Reuters·
US
RIO
+1.30%
US
TECK
+3.52%
US
ERO
+2.61%
Reuters·
US
RIO
+1.30%
US
TECK
+3.52%
US
ERO
+2.61%

Pomerantz LLP Issues Important Reminder to Shareholders in Freeport-McMoran Inc of Class Action Filing – FCX

Pomerantz LLP has filed a class action lawsuit against Freeport-McMoran Inc. for alleged securities fraud and unlawful business practices. The lawsuit follows the suspension of mining activities at Freeport's Grasberg Block Cave operation in Indonesia, where a large flow of wet material trapped seven workers, leading to fatalities and missing persons. Freeport's stock price fell significantly after the incident. Shareholders have until January 12, 2026, to join the class action as Lead Plaintiff.

Acceswire·
US
FCX
+2.65%
Acceswire·
US
FCX
+2.65%

This Brown & Brown Analyst Is No Longer Bullish; Here Are Top 4 Downgrades For Tuesday

Top Wall Street analysts have downgraded several stocks. Evercore ISI Group downgraded Coty Inc to In-Line with a $7 target. BMO Capital downgraded Brown & Brown Inc to Market Perform, reducing the target to $88. Itau BBA downgraded Southern Copper Corp to Underperform with a $126 target. TD Cowen downgraded Janus Henderson Group to Hold with a $49 target. These changes reflect a shift in analyst sentiment on these stocks.

benzinga_article·
US
JHG
+0.22%
US
COTY
-4.14%
US
SCCO
+1.22%
benzinga_article·
US
JHG
+0.22%
US
COTY
-4.14%
US
SCCO
+1.22%
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