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FM Stock Chart & Stats
C$38.52
-C$0.73(-1.90%)
At close: 4:00 PM EDT
C$38.52
-C$0.73(-1.90%)
Day’s Range― - ―
52-Week RangeC$22.21 - C$46.36
Previous CloseN/A
Volume267.89K
Average Volume (3M)2.91M
Market Cap
C$36.41B
Enterprise ValueC$42.09K
Total Cash (Recent Filing)C$779.00M
Total Debt (Recent Filing)C$6.19B
Price to Earnings (P/E)―
Beta2.70
Next Earnings
Oct 28, 2026EPS Estimate
0.22Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.11
Shares Outstanding834,206,100
10 Day Avg. Volume2,664,530
30 Day Avg. Volume2,914,104
Financial Highlights & Ratios
PEG Ratio0.51
Price to Book (P/B)2.00
Price to Sales (P/S)4.26
P/FCF Ratio48.17
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$48.86Price Target Upside26.85% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering13
EPS Forecast (FY)0.32
Revenue Forecast (FY)C$6.72B
Bulls Say, Bears Say
Bulls Say
Cash Generation And Positive Free Cash FlowConsistent positive operating cash flow and a positive trailing free cash flow provide durable funding for heavy capital needs. This cash generation underpins the company’s ability to fund Cobre Panama processing, service debt and maintain liquidity over the coming months despite volatility in FCF.
Large Greenfield Resource At La GranjaA sizeable La Granja resource materially expands long-term reserve and production optionality. Significant precious-metal credits diversify revenue and can lower unit costs, supporting multi-year growth optionality and strategic flexibility to expand or sequence development.
Cobre Panama Recommissioning And Strong Independent AuditEarlier-than-expected recommissioning plus a broadly favorable audit materially improves near-term production visibility from a core asset. Stockpile processing gives ~12 months of feed, supporting higher H2 shipments and a structural lift to cash flow if restart proceeds as audited.
Bears Say
Negative Net Income And ROEPersistent negative net income and returns indicate the company is not consistently generating shareholder profits despite solid operating margins. This weak bottom-line performance limits retained earnings, reduces financial resilience and constrains ability to deliver lasting shareholder returns.
Elevated Net Debt And LeverageHigh net debt relative to cash flows reduces financial flexibility for additional restart capex and exposes the company to higher interest and refinancing risk. Continued leverage pressure could force asset sales or constrain growth investment if commodity cycles or costs turn against the company.
Regulatory And Timing Uncertainty At Cobre PanamaA government review with unclear timing and potential conditional requirements creates structural execution and policy risk for a key asset. Delays or additional mandates could increase capex, defer production and weaken the reliability of medium-term production and cash-flow plans.
First Quantum Minerals News
FM FAQ
What was First Quantum Minerals (OTC)’s price range in the past 12 months?
First Quantum Minerals (OTC) lowest stock price was C$22.21 and its highest was C$46.36 in the past 12 months.
What is First Quantum Minerals (OTC)’s market cap?
First Quantum Minerals (OTC)’s market cap is C$36.41B.
When is First Quantum Minerals (OTC)’s upcoming earnings report date?
First Quantum Minerals (OTC)’s upcoming earnings report date is Oct 28, 2026 which is in 72 days.
How were First Quantum Minerals (OTC)’s earnings last quarter?
First Quantum Minerals (OTC) released its earnings results on Jul 28, 2026. The company reported -C$0.181 earnings per share for the quarter, missing the consensus estimate of -C$0.085 by -C$0.096.
Is First Quantum Minerals (OTC) overvalued?
According to Wall Street analysts First Quantum Minerals (OTC)’s price is currently Undervalued.
Does First Quantum Minerals (OTC) pay dividends?
First Quantum Minerals (OTC) pays a Semiannually dividend of C$0.08 which represents an annual dividend yield of N/A. See more information on First Quantum Minerals (OTC) dividends here
What is First Quantum Minerals (OTC)’s EPS estimate?
First Quantum Minerals (OTC)’s EPS estimate is 0.22.
How many shares outstanding does First Quantum Minerals (OTC) have?
First Quantum Minerals (OTC) has 834,206,100 shares outstanding.
What happened to First Quantum Minerals (OTC)’s price movement after its last earnings report?
First Quantum Minerals (OTC) reported an EPS of -C$0.181 in its last earnings report, missing expectations of -C$0.085. Following the earnings report the stock price went up 1.226%.
Which hedge fund is a major shareholder of First Quantum Minerals (OTC)?
Currently, no hedge funds are holding shares in TSE:FM
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
First Quantum Minerals Stock Smart Score
Outperform
1
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7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
C$48.86 (26.85% Upside)
C$48.86 (26.85% Upside)
Blogger Sentiment
Neutral
TSE:FM Sentiment 50%
Sector Average 64%
Sector Average 64%
Insider Transactions
Sold Shares
Worth C$916.8K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 3.0%
Last 30 Days ▲ 9.5%
Last 30 Days ▲ 9.5%
Technicals
SMA
Positive
20 days / 200 days
Momentum
56.13%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
3.27%
Trailing 12-Months
Company Description
First Quantum Minerals (OTC)
First Quantum Minerals Ltd. (FM) is a Canada-based mining company focused primarily on the exploration, development, and operation of large-scale mining assets. The company’s core business is the production and sale of base metals—most notably copper—along with associated by-products from its mining operations, with key assets historically spanning multiple jurisdictions.
FM Company Deck
FM Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveyed a predominantly positive operational and financial picture: revenues and EBITDA rose, production increased modestly (total copper +4% QoQ), Cobre Panama achieved an earlier-than-expected recommissioning milestone and the audit was broadly favorable (87.73/100). The company closed value-accretive disposals, maintains ~ $2 billion liquidity, and now has full exposure to spot copper which supports potential strong free cash flow in H2. Offsetting these positives are material hedge losses, elevated fuel-driven cost pressures (with a cited ~$0.25/lb upside risk), regulatory uncertainty and conditional capital requirements at Cobre Panama, and a modest increase in net debt. On balance, the operational progress, strong commodity backdrop and financial discipline outweighed the challenges and near-term risks.View all TSE:FM earnings summariesFM Stock 12 Month Forecast
Average Price Target
C$48.86
▲(26.85% Upside)