First Quantum Minerals (FM) Stock Price, News & Analysis

Company Overview

First Quantum Minerals Ltd., together with its subsidiaries, engages in the exploration, development, and production of mineral properties. It primarily explores for copper, nickel, pyrite, silver, gold, and zinc ores, as well as produces acid. The company has operating mines located in Zambia, Panama, Finland, Turkey, Spain, Australia, and Mauritania, as well as a development project in Zambia. It is exploring the Taca Taca copper-gold-molybdenum project in Argentina, as well as the Haquira copper deposit in Peru. The company was formerly known as First Quantum Ventures Ltd. and changed its name to First Quantum Minerals Ltd. in July 1996. The company is based in Vancouver, Canada.

Key Stats

• Today's Range: C$18.60 to C$19.22
• 50-Day Range: C$14.00 to C$19.25
• 52-Week Range: C$9.31 to C$32.48
• Volume: 3.01 million shs
• Average Volume: 2.72 million shs
• Market Capitalization: C$15.81 billion
• P/E Ratio: N/A
• Dividend Yield: 1.11%
• Price Target: C$20.12
• Consensus Rating: Hold

First Quantum Minerals Stock Analysis - MarketRank™

First Quantum Minerals scored higher than 13% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.2 / 5
• Analyst Rating: Hold

Consensus Rating

First Quantum Minerals has received a consensus rating of Hold. The company's average rating score is 2.39, and is based on 7 buy ratings, 11 hold ratings, and no sell ratings.

Amount of Analyst Coverage

First Quantum Minerals has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of First Quantum Minerals is -7.36, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of First Quantum Minerals is -7.36, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Growth Ratio

Due to a projected decrease in earnings for First Quantum Minerals, their PEG ratio cannot be calculated.

Price to Book Value per Share Ratio

First Quantum Minerals has a P/B Ratio of 1.39. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for FM.

Dividend

• Score: 0.8 / 5
• Dividend Strength: Weak

Dividend Yield

First Quantum Minerals pays a meaningful dividend of 1.57%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

First Quantum Minerals does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for FM.

News and Social Media

• Score: 2.3 / 5
• News Sentiment: 0.22

News Sentiment

First Quantum Minerals has a news sentiment score of 0.22. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.34 average news sentiment score of Basic Materials companies.

News Coverage This Week

MarketBeat has tracked 19 news articles for First Quantum Minerals this week, compared to 5 articles on an average week.

MarketBeat Follows

6 people have added First Quantum Minerals to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, First Quantum Minerals insiders have sold more of their company's stock than they have bought. Specifically, they have bought C$0.00 in company stock and sold C$381,805.00 in company stock.

Percentage Held by Insiders

19.35% of the stock of First Quantum Minerals is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

52.41% of the stock of First Quantum Minerals is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

FM Stock Analysis - Frequently Asked Questions

How have FM shares performed this year?

First Quantum Minerals' stock was trading at C$10.85 at the beginning of the year. Since then, FM stock has increased by 73.6% and is now trading at C$18.84.
View the best growth stocks for 2024 here.

How were First Quantum Minerals' earnings last quarter?

First Quantum Minerals Ltd. (TSE:FM) released its quarterly earnings results on Tuesday, July, 23rd. The company reported ($0.03) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.05) by $0.02. The firm had revenue of $1.68 billion for the quarter, compared to analyst estimates of $1.42 billion. First Quantum Minerals had a negative trailing twelve-month return on equity of 14.87% and a negative net margin of 24.07%.

How do I buy shares of First Quantum Minerals?

Shares of FM stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
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What other stocks do shareholders of First Quantum Minerals own?

Based on aggregate information from My MarketBeat watchlists, some other companies that First Quantum Minerals investors own include Thermal Energy International (TMG), 7545 (FQM.L) (FQM), Teck Resources (TECK.B), (CXRX) (CXRX), Hudbay Minerals (HBM), Hudbay Minerals (HBM) and Teck Resources (TECK).

Company Calendar

• Last Earnings: 7/23/2024
• Today: 9/27/2024
• Next Earnings (Confirmed): 10/22/2024

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Basic Materials
• Industry: Copper
• Sub-Industry: N/A
• Current Symbol: TSE:FM
• CUSIP: N/A
• CIK: N/A
• Web: www.first-quantum.com
• Phone: +1-604-6886577
• Fax: N/A
• Employees: 20,000
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$20.12
• High Stock Price Target: C$26.00
• Low Stock Price Target: C$16.00
• Potential Upside/Downside: +5.9%
• Consensus Rating: Hold
• Rating Score (0-4): 2.39
• Research Coverage: 18 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C($2.56)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 40.01
• P/E Growth: -1.28
• Net Income: C$-1,330,000,000.00
• Net Margins: -24.07%
• Pretax Margin: N/A
• Return on Equity: -14.87%
• Return on Assets: 2.31%

Debt

• Debt-to-Equity Ratio: 67.00
• Current Ratio: 2.35
• Quick Ratio: 1.41

Sales & Book Value

• Annual Sales: C$5.51 billion
• Price / Sales: 2.87
• Cash Flow: C$1.54 per share
• Price / Cash Flow: 12.35
• Book Value: C$13.54 per share
• Price / Book: 1.40

Miscellaneous

• Outstanding Shares: 834,050,000
• Free Float: N/A
• Market Cap: C$15.84 billion
• Optionable: Not Optionable
• Beta: 1.72