Freeport-McMoRan vs. Newmont: Why Is Only One Gaining?

Freeport-McMoRan’s stock (NYSE: FCX) is down 23% so far in 2020. But wait a minute, close rival Newmont’s stock (NYSE: NEM) has increased 30% in 2020 so far. If we compare the stock price trends for these mining giants over recent years, we can see that FCX’s stock price has declined 23% from $13…

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