Should I buy or sell First Quantum Minerals stock right now?

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for First Quantum Minerals in the last year. There are currently 11 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" FM shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in FM, but not buy additional shares or sell existing shares. View FM analyst ratings or view top-rated stocks .

What is First Quantum Minerals' stock price target for 2024?

17 brokerages have issued twelve-month target prices for First Quantum Minerals' shares. Their FM share price targets range from C$12.00 to C$21.00. On average, they anticipate the company's share price to reach C$16.08 in the next year. This suggests a possible upside of 4.1% from the stock's current price. View analysts price targets for FM or view top-rated stocks among Wall Street analysts .

How have FM shares performed in 2024?

First Quantum Minerals' stock was trading at C$10.85 on January 1st, 2024. Since then, FM shares have increased by 42.4% and is now trading at C$15.45. View the best growth stocks for 2024 here .

When is First Quantum Minerals' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 23rd 2024. View our FM earnings forecast .

How were First Quantum Minerals' earnings last quarter?

First Quantum Minerals Ltd. (TSE:FM) posted its quarterly earnings data on Tuesday, February, 20th. The company reported ($0.50) EPS for the quarter, missing analysts' consensus estimates of ($0.10) by $0.40. The business had revenue of $1.66 billion for the quarter, compared to analysts' expectations of $1.58 billion. First Quantum Minerals had a negative trailing twelve-month return on equity of 10.80% and a negative net margin of 14.78%.

How often does First Quantum Minerals pay dividends? What is the dividend yield for First Quantum Minerals?

First Quantum Minerals announced a Semi-Annual dividend on Friday, August 25th. Shareholders of record on Tuesday, September 19th will be given a dividend of 0.08 per share on Tuesday, September 19th. This represents a yield of 0.2%. The ex-dividend date is Friday, August 25th. Read our dividend analysis for FM .

Is First Quantum Minerals a good dividend stock?

First Quantum Minerals (TSE:FM) pays an annual dividend of C$0.21 per share and currently has a dividend yield of 1.57%. Read our dividend analysis for FM .

What other stocks do shareholders of First Quantum Minerals own?

Based on aggregate information from My MarketBeat watchlists, some companies that other 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) , Teck Resources (TECK) , Lundin Mining (LUN) , First Quantum Minerals (FQVLF) and Bombardier, Inc. Class B (BBD.B) .

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. Compare Top Brokerages Here .

TSE:FM

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

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Free FM Stock Alerts

C$15.47

+0.61 (+4.10%)

(As of 05:13 PM ET)

Compare

Today's Range: C$14.35
▼
C$15.61
50-Day Range: C$11.61
▼
C$16.15
52-Week Range: C$9.31
▼
C$39.13

Volume: 2.78 million shs
Average Volume: 3.03 million shs
Market Capitalization: C$12.89 billion

P/E Ratio: N/A
Dividend Yield: 1.36%
Price Target: C$15.91

Stock Analysis Analyst Forecasts Chart Competitors Dividend Earnings Headlines Insider Trades

Get First Quantum Minerals alerts:

First Quantum Minerals MarketRank™ Stock Analysis

Analyst Rating: Hold
2.35 Rating Score
Upside/Downside: 4.1% Upside
C$16.08 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.30
Based on 6 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.70 out of 5 stars

2.2

Analyst's Opinion

Consensus Rating
First Quantum Minerals has received a consensus rating of Hold. The company's average rating score is 2.35, and is based on 6 buy ratings, 11 hold ratings, and no sell ratings.
Amount of Analyst Coverage
First Quantum Minerals has been the subject of 13 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

N/A

Short Interest

Short Interest
There is no current short interest data available for FM.

0.8

Dividend Strength

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.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for FM.

2.9

News and Social Media Coverage

News Sentiment
First Quantum Minerals has a news sentiment score of 0.30. 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 0.40 average news sentiment score of Basic Materials companies.
News Coverage This Week
MarketBeat has tracked 6 news articles for First Quantum Minerals this week, compared to 4 articles on an average week.
Search Interest
3 people have searched for FM on MarketBeat in the last 30 days. This is an increase of 200% compared to the previous 30 days.
MarketBeat Follows
6 people have added First Quantum Minerals to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, First Quantum Minerals insiders have not sold or bought any company stock.
Percentage Held by Insiders
16.10% 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
51.06% 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.

0.0

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of First Quantum Minerals is -8.26, 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 -8.26, 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 1.04. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About First Quantum Minerals Stock (TSE:FM)

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.

FM Stock Price History

30 days | 90 days | 365 days | Advanced Chart

FM Stock News Headlines

April 16, 2024 | americanbankingnews.com

First Quantum Minerals (FM) Set to Announce Earnings on Tuesday

April 14, 2024 | americanbankingnews.com

First Quantum Minerals Ltd. (TSE:FM) Given Consensus Rating of "Hold" by Analysts

April 16, 2024 | DTI (Ad)

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April 10, 2024 | americanbankingnews.com

First Quantum Minerals (TSE:FM) Price Target Increased to C$17.00 by Analysts at Bank of America

March 29, 2024 | msn.com

Miners lift Toronto market to new record high

March 15, 2024 | finance.yahoo.com

12 Biggest Canadian Mining Companies

March 8, 2024 | finance.yahoo.com

CANADA STOCKS-TSX eyes fourth straight weekly advance on tech, healthcare boost

March 7, 2024 | ca.finance.yahoo.com

Panama asks First Quantum to suspend visitor program at disputed copper mine

April 16, 2024 | DTI (Ad)

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March 5, 2024 | finanznachrichten.de

First Quantum Minerals Ltd.: First Quantum Announces Completion of Redemption of 2025 and 2026 Notes

March 5, 2024 | finance.yahoo.com

First Quantum Expects to Ship Trapped Panama Copper Within Weeks

March 4, 2024 | finance.yahoo.com

First Quantum Touts Interest in Its Zambia Copper Operations

March 1, 2024 | finance.yahoo.com

China’s Jiangxi Copper Buys $212 Million of First Quantum Shares

February 29, 2024 | msn.com

First Quantum Minerals completes pair of key financing deals

February 29, 2024 | finance.yahoo.com

FIRST QUANTUM ANNOUNCES CLOSING OF $1,150 MILLION BOUGHT DEAL OFFERING, CLOSING OF $1,600 MILLION SENIOR SECURED SECOND LIEN NOTES OFFERING AND UPDATE ON COMPREHENSIVE REFINANCING

February 27, 2024 | theglobeandmail.com

First Quantum Minerals: Stocks Analysts Recently Downgraded on TSX (FM)

February 26, 2024 | finance.yahoo.com

UPDATE 1-Panama to defend interests in First Quantum case, official says

February 22, 2024 | finance.yahoo.com

First Quantum shares jump 8% on plans to bolster capital

February 22, 2024 | ca.finance.yahoo.com

Live news: First Quantum sells $1 billion in stock to shore up finances

February 21, 2024 | finanznachrichten.de

First Quantum Minerals Ltd.: FIRST QUANTUM ANNOUNCES COMPREHENSIVE REFINANCING TRANSACTIONS AS PART OF ITS BALANCE SHEET STRENGTHENING INITIATIVES

February 21, 2024 | msn.com

First Quantum Minerals announces capital restructuring to reduce debt

February 21, 2024 | finance.yahoo.com

First Quantum Sells $1 Billion in Stock in Refinancing Moves

February 21, 2024 | theglobeandmail.com

First Quantum pursuing international arbitration in wake of Panama mine shutdown

February 20, 2024 | finanznachrichten.de

First Quantum Minerals Ltd.: First Quantum Minerals Reports Fourth Quarter and Year-End 2023 Results

February 20, 2024 | theglobeandmail.com

Canada’s First Quantum Minerals reshuffles management at Zambian operations

February 17, 2024 | morningstar.com

First Quantum Minerals Ltd

February 13, 2024 | theglobeandmail.com

Human-rights groups decry rising trend of corporate SLAPP lawsuits

See More Headlines

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Company Calendar

Last Earnings: 2/20/2024
Today: 4/16/2024
Next Earnings (Confirmed): 4/23/2024

Get Stock Alerts

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$15.91
High Stock Price Target: C$21.00
Low Stock Price Target: C$12.00
Potential Upside/Downside: +7.0%
Consensus Rating: Hold
Rating Score (0-4): 2.35
Research Coverage: 17 Analysts

Profitability

EPS (Most Recent Fiscal Year): C($1.87)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 18.79
P/E Growth: -1.28
Net Income: C$-954,000,000.00
Net Margins: -14.78%
Pretax Margin: N/A
Return on Equity: -10.80%
Return on Assets: 2.80%

Debt

Debt-to-Equity Ratio: 81.21
Current Ratio: 1.72
Quick Ratio: 1.41

Sales & Book Value

Annual Sales: C$6.46 billion
Price / Sales: 1.92
Cash Flow: C$1.20 per share
Price / Cash Flow: 12.35
Book Value: C$14.92 per share
Price / Book: 1.00

Miscellaneous

Outstanding Shares: 833,530,000
Free Float: N/A
Market Cap: C$12.39 billion
Optionable: Not Optionable
Beta: 2.01

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Key Executives

Mr. Anthony Tristan Pascall (Age 48)
CEO & Director
Comp: $2.89M
Mr. Ryan L. MacWilliam C.F.A.
Chief Financial Officer
Mr. Rudi Badenhorst
Chief Operating Officer
Ms. Bonita To
Director of Investor Relations
Ms. Sarah E. H. Robertson
Corporate Secretary
Mr. Simon MacLean
Group Reporting Controller

Key Competitors

View All Competitors

Insiders

View All Insider Transactions

FM Stock Analysis - Frequently Asked Questions

Should I buy or sell First Quantum Minerals stock right now?: 17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for First Quantum Minerals in the last year. There are currently 11 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" FM shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in FM, but not buy additional shares or sell existing shares.
View FM analyst ratings or view top-rated stocks.
What is First Quantum Minerals' stock price target for 2024?: 17 brokerages have issued twelve-month target prices for First Quantum Minerals' shares. Their FM share price targets range from C$12.00 to C$21.00. On average, they anticipate the company's share price to reach C$16.08 in the next year. This suggests a possible upside of 4.1% from the stock's current price.
View analysts price targets for FM or view top-rated stocks among Wall Street analysts.
How have FM shares performed in 2024?: First Quantum Minerals' stock was trading at C$10.85 on January 1st, 2024. Since then, FM shares have increased by 42.4% and is now trading at C$15.45.
View the best growth stocks for 2024 here.
When is First Quantum Minerals' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 23rd 2024.
View our FM earnings forecast.
How were First Quantum Minerals' earnings last quarter?: First Quantum Minerals Ltd. (TSE:FM) posted its quarterly earnings data on Tuesday, February, 20th. The company reported ($0.50) EPS for the quarter, missing analysts' consensus estimates of ($0.10) by $0.40. The business had revenue of $1.66 billion for the quarter, compared to analysts' expectations of $1.58 billion. First Quantum Minerals had a negative trailing twelve-month return on equity of 10.80% and a negative net margin of 14.78%.

How often does First Quantum Minerals pay dividends? What is the dividend yield for First Quantum Minerals?: First Quantum Minerals announced a Semi-Annual dividend on Friday, August 25th. Shareholders of record on Tuesday, September 19th will be given a dividend of 0.08 per share on Tuesday, September 19th. This represents a yield of 0.2%. The ex-dividend date is Friday, August 25th.
Read our dividend analysis for FM.
Is First Quantum Minerals a good dividend stock?: First Quantum Minerals (TSE:FM) pays an annual dividend of C$0.21 per share and currently has a dividend yield of 1.57%.
Read our dividend analysis for FM.
What other stocks do shareholders of First Quantum Minerals own?: Based on aggregate information from My MarketBeat watchlists, some companies that other 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), Teck Resources (TECK), Lundin Mining (LUN), First Quantum Minerals (FQVLF) and Bombardier, Inc. Class B (BBD.B).
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.
Compare Top Brokerages Here.

This page (TSE:FM) was last updated on 4/16/2024 by MarketBeat.com Staff

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

First Quantum Minerals MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About First Quantum Minerals Stock (TSE:FM)

FM Stock Price History

FM Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

FM Stock Analysis - Frequently Asked Questions

Overall MarketRank^™