Is Freeport-McMoRan Inc. (FCX) at risk amid slowing Grasberg block collapse in Indonesia?

Is Freeport-McMoRan Inc. (FCX) at risk amid slowing Grasberg block collapse in Indonesia?

Freeport-McMoRan Inc. (NYSE:FCX) is one of Goldman Sachs’ top gold stock picks. On April 24, analysts at Morgan Stanley downgraded Freeport-McMoRan Inc. (NYSE:FCX) to Equalweight from Overweight. It also lowered its price target to $66 from $70. Is Freeport-McMoRan Inc. (FCX) at risk amid slowing Grasberg block collapse in Indonesia? Pixabay/Public domain The downgrade and…

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AngloGold Ashanti plc (AU): billionaire Howard Marks continues to hold a sizeable stake

AngloGold Ashanti plc (AU): billionaire Howard Marks continues to hold a sizeable stake

We just covered the Billionaire Howard Marks’ 10 Stock Picks With Huge Upgrade Potential and AngloGold Ashanti plc (NYSE:AU) ranks eighth on this list. AngloGold Ashanti plc (NYSE:AU) has been listed in Oaktree Capital Management’s 13F portfolio since the third quarter of 2023. At that time, this position comprised more than 5.4 million shares. The…

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