Freeport-McMoRan Copper & Gold Inc. (NYSE:FCX) dropped 3.85% to $110.73. The company said on Thursday that fourth-quarter profit jumped 60 percent as prices for the two major metals soared.
Net income rose to $1.55 billion, or $3.25 per share, from $971 million, or $2.15 per share, a year earlier. Excluding a charge to reduce debt, earnings per share were $3.26, easily beating analysts average forecast of $3.03 per share, according to Thomson Reuters.
Taseko Mines Limited (USA) (AMEX:TGB) lost 4.98% to $5.53. The stock has a 52-week range of $3.31-$7.23.
The stock has average daily volume of 2.22 million shares.
At current market price, the market capitalization of the company stands at $1.03
billion.
Southern Copper Corporation (USA) (NYSE:SCCO) fell 3.23%
to $45.21. The stock opened at $45.77 and is trading within the range of $45.26-$46.05.
The stock has average daily volume of 1.53 million shares.
At current market price, the market capitalization of the company stands at $38.50
billion.
Teck Resources Limited (NYSE:TCK) is down 3.31% to $60.54. The stock has average daily volume of 2.61 million shares. At current market price, the market capitalization of the company stands at $35.67 billion.
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