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First Quantum Minerals Ltd (TSE:FM)
TSX:FM
RESEARCH TOOLSreports
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FM Stock Chart & Stats
Day’s RangeC$0 - C$0
52-Week RangeC$9.31 - C$37.23
Previous CloseC$17.3
Volume1.23M
Average Volume (3M)2.26M
Market Cap
C$14.43B
Enterprise ValueC$22.37B
Total Cash (Recent Filing)$885.00M
Total Debt (Recent Filing)$6.32B
Price to Earnings (P/E)―
Beta1.37
Next Earnings
Oct 22, 2024EPS Estimate
C$0.04Last Dividend Ex-Date
Aug 25, 2023Dividend Yield1.27%
Share Statistics
EPS (TTM)-2.58
Shares Outstanding826,718,174
10 Day Avg. Volume1,287,084
30 Day Avg. Volume2,255,091
Standard Deviation0.18
R-Squared0.20
Alpha0.01
Financial Highlights & Ratios
Price to Book (P/B)0.91
Price to Sales (P/S)1.82
Price to Cash Flow (P/CF)6.30
P/FCF Ratio7.70
Enterprise Value/Market CapN/A
Enterprise Value/Revenue4.06
Enterprise Value/Gross Profit17.31
Enterprise Value/Ebitda31.68
Forecast
1Y Price Target
C$21.45Price Target Upside24.00% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering15
First Quantum Minerals News
PremiumCompany Announcements
First Quantum Minerals Q2 Loss Despite Production Gains
Bulls Say, Bears Say
Bulls Say
EarningsQuarterly earnings reflect a significant operational improvement at flagship mine Kansanshi that resulted in growing production and lower costs.
Reopening PotentialThere is significant upside potential of between 70% to more than 100% under a full reopening scenario for Cobre Panama.
Strategic AgreementsShareholder rights agreement has been reached with shareholder Jiangxi Copper, showing continued commitment to partnership by First Quantum's largest shareholder.
Bears Say
Financial PerformanceThe company reported a $160M cash burn in the quarter, which is partially explained by expansion capex (S3 project) and still elevated care and maintenance costs at Cobre Panama.
Operational EfficiencyA soft quarter for the Zambian operations is expected, driven by planned maintenance at Kansanshi, declining grades at Sentinel and shipments lagging production due to disruptions at the port.
ProductionNickel production guidance is lowered on the upper end of the range to reflect Ravensthorpe closure.
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Options Prices
Currently, No data available
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Ownership Overview
30.22% Insiders
31.46% Mutual Funds
8.52% Other Institutional Investors
29.80% Public Companies and
Individual Investors
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$9.31 and its highest was C$37.23 in the past 12 months.
What is First Quantum Minerals Ltd’s market cap?
Currently, no data Available
When is First Quantum Minerals Ltd’s upcoming earnings report date?
First Quantum Minerals Ltd’s upcoming earnings report date is Oct 22, 2024 which is in 59 days.
How were First Quantum Minerals Ltd’s earnings last quarter?
First Quantum Minerals Ltd released its earnings results on Jul 23, 2024. The company reported -C$0.027 earnings per share for the quarter, beating the consensus estimate of -C$0.031 by C$0.004.
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 1.27%. 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 C$0.04.
How many shares outstanding does First Quantum Minerals Ltd have?
First Quantum Minerals Ltd has 834,149,660 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$0.027 in its last earnings report, beating expectations of -C$0.031. Following the earnings report the stock price went up 2.57%.
Which hedge fund is a major shareholder of First Quantum Minerals Ltd?
Currently, no hedge funds are holding shares in TSE:FM
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First Quantum Minerals Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
C$21.45 (24.00% Upside)
C$21.45 (24.00% Upside)
Blogger Sentiment
Bullish
TSE:FM Sentiment 75%
Sector Average 71%
Sector Average 71%
Insider Transactions
Sold Shares
Worth $951.2K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.8%
Last 30 Days ▼ 26.7%
Last 30 Days ▼ 26.7%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-50.09%
12-Months-Change
Fundamentals
Return on Equity
-11.72%
Trailing 12-Months
Asset Growth
-2.32%
Trailing 12-Months
Company Description
First Quantum Minerals Ltd
First Quantum Minerals Ltd. engages in the production, exploration and development of copper, nickel, gold, zinc and acid, and related activities. It operates through the following segments: Kansanshi, Sentinel, Cobre Panama, Las Cruces, Guelb Moghrein, Çayeli, Pyhäsalmi, Ravensthorpe, and Corporate and Other. The Corporate and Other segment deals with the evaluation and acquisition of new mineral properties, regulatory reporting, treasury and finance, and corporate administration. The company was founded by Philip K.R. Pascall, Geoffrey Clive Newall, and Martin R. Rowley on December 21, 1983 and is headquartered in Toronto, Canada.
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FM Company Deck
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FM Earnings Call
Q2 2024
0:00 / 0:00
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FM Stock 12 Month Forecast
Average Price Target
C$21.45
▲(24.00% Upside)
Technical Analysis
Best Analysts Covering FM
1 Year
1 Year Success Rate
24/32 ratings generated profit
1 Year Average Return
+35.73%
reiterated a buy rating last month
Copying Dalton Baretto's trades and holding each position for 1 Year would result in 75.00% of your transactions generating a profit, with an average return of +35.73% per trade.
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