First Quantum Minerals Ltd (TSE:FM)
TSX:FM
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FM Stock Chart & Stats
C$39.70
-C$0.28(-1.41%)
At close: 4:00 PM EST
C$39.70
-C$0.28(-1.41%)
Day’s Range― - ―
52-Week RangeC$17.66 - C$45.17
Previous CloseN/A
Volume624.12K
Average Volume (3M)2.56M
Market Cap
C$27.08B
Enterprise ValueC$24.84B
Total Cash (Recent Filing)C$716.00M
Total Debt (Recent Filing)C$5.91B
Price to Earnings (P/E)223.3
Beta2.54
Next Earnings
Jul 28, 2026EPS Estimate
0.08Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.25
Shares Outstanding834,206,100
10 Day Avg. Volume2,252,249
30 Day Avg. Volume2,564,938
Financial Highlights & Ratios
PEG Ratio0.52
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$44.31Price Target Upside11.60% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering14
EPS Forecast (FY)0.8
Revenue Forecast (FY)C$6.37B
Bulls Say, Bears Say
Bulls Say
Hedge Position ReductionA gradual reduction in hedge positions would increase exposure to rising copper and gold prices, potentially enhancing cash generation as metal markets firm.
Refinancing And LiquiditySecuring a new term loan and revolving credit facility that extends maturities and eases covenants reduces near-term refinancing risk and eases liquidity pressure for ongoing operations.
Regulatory ApprovalFormal approval to process stockpiled ore at the Cobre Panama mine would allow concentrate production to resume, supporting revenue recovery and improving local employment, royalties and government relations.
Bears Say
Cash Burn And Working CapitalContinued spending on preservation, commissioning, sustaining capital and royalties, combined with large working capital outflows, is generating cash burn that increases net debt and strains liquidity.
Operational Ramp-up RiskRamping up a concentrate circuit that has been inactive for an extended period is a major operational risk that could delay production, require additional commissioning and raise operating costs.
Taxation RiskA new government-imposed tax burden could materially reduce profitability and free cash flow at core mining operations, weakening project economics.
First Quantum Minerals News
FM FAQ
What was First Quantum Minerals Ltd’s price range in the past 12 months?
First Quantum Minerals Ltd lowest stock price was C$17.66 and its highest was C$45.17 in the past 12 months.
What is First Quantum Minerals Ltd’s market cap?
First Quantum Minerals Ltd’s market cap is C$27.08B.
When is First Quantum Minerals Ltd’s upcoming earnings report date?
First Quantum Minerals Ltd’s upcoming earnings report date is Jul 28, 2026 which is in 89 days.
How were First Quantum Minerals Ltd’s earnings last quarter?
First Quantum Minerals Ltd released its earnings results on Apr 28, 2026. The company reported -C$0.246 earnings per share for the quarter, missing the consensus estimate of C$0.037 by -C$0.283.
Is First Quantum Minerals Ltd overvalued?
According to Wall Street analysts First Quantum Minerals Ltd’s price is currently Undervalued.
Does First Quantum Minerals Ltd pay dividends?
First Quantum Minerals Ltd pays a Semiannually dividend of C$0.08 which represents an annual dividend yield of N/A. See more information on First Quantum Minerals Ltd dividends here
What is First Quantum Minerals Ltd’s EPS estimate?
First Quantum Minerals Ltd’s EPS estimate is 0.08.
How many shares outstanding does First Quantum Minerals Ltd have?
First Quantum Minerals Ltd has 834,206,100 shares outstanding.
What happened to First Quantum Minerals Ltd’s price movement after its last earnings report?
First Quantum Minerals Ltd reported an EPS of -C$0.246 in its last earnings report, missing expectations of C$0.037. Following the earnings report the stock price went down -5.337%.
Which hedge fund is a major shareholder of First Quantum Minerals Ltd?
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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5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
C$44.31 (11.60% Upside)
C$44.31 (11.60% Upside)
Blogger Sentiment
Bullish
TSE:FM Sentiment 100%
Sector Average 75%
Sector Average 75%
Crowd Wisdom
Neutral
Last 7 Days ▼ 1.0%
Last 30 Days ▲ 1.0%
Last 30 Days ▲ 1.0%
News Sentiment
Bullish
Bullish news 67%
Bearish news 33%
Bearish news 33%
Technicals
SMA
Positive
20 days / 200 days
Momentum
54.92%
12-Months-Change
Fundamentals
Return on Equity
-0.24%
Trailing 12-Months
Asset Growth
4.69%
Trailing 12-Months
Company Description
First Quantum Minerals Ltd
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, gold, silver, 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. First Quantum Minerals Ltd. was incorporated in 1983 and is headquartered in Toronto, Canada.
FM Company Deck
FM Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call presented meaningful operational and financial progress — notably the Kansanshi S3 commercial production, record nickel performance, full‑year production meeting guidance, strengthened liquidity and financing moves, and positive credit outlook — which materially improve the company’s growth and financing optionality. However, the quarter also highlighted cost pressures (C1 up 13%), operational interruptions at Sentinel (Q4 copper down 4% QoQ) driven by Ball mill fatigue and weather, significant ongoing care & maintenance costs at Cobre Panama (~$15–17M/month) with further potential restart cash needs (~$250M peak for stockpile processing and $300–$500M potential broader restart), hedge losses (notably ~$220M expected on copper hedges at current spot) and elevated net debt (net debt $5.2B, ~3.3x EBITDA). On balance, the highlights (project delivery, production achievements, financing/liquidity actions and improved credit outlook) outweigh the lowlights, though material risks remain related to costs, leverage and Panama timing.View all TSE:FM earnings summariesFM Stock 12 Month Forecast
Average Price Target
C$44.31
▲(11.60% Upside)
Technical Analysis
Options Prices
Currently, No data available
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