First Quantum Minerals Ltd. (TSX:FM)

Canada flag Canada · Delayed Price · Currency is CAD
39.11
+2.01 (5.42%)
Jul 9, 2026, 4:00 PM EST
Market Cap30.73B +73.7%
Revenue (ttm)7.61B +10.0%
Net Income-280.57M
EPS-0.34
Shares Out 828.19M
PE Ration/a
Forward PE24.27
Dividendn/a
Ex-Dividend Daten/a
Volume2,456,280
Open38.01
Previous Close37.10
Day's Range37.32 - 39.52
52-Week Range22.16 - 46.36
Beta2.00
AnalystsBuy
Price Target47.09 (+20.4%)
Earnings DateJul 28, 2026

About First Quantum Minerals

First Quantum Minerals Ltd., together with its subsidiaries, engages in the exploration, development, and production of mineral properties. It primarily explores for copper, gold, nickel, silver, and zinc products. Its flagship project is the 100% owned Kansanshi project located in the northwestern Province of Zambia. The company was formerly known as First Quantum Ventures Ltd. and changed its name to First Quantum Minerals Ltd. in July 1996. The company was incorporated in 1983 and is based in Vancouver, Canada. [Read more]

Industry Copper
Sector Materials
Founded 1983
Employees 15,661
Stock Exchange Toronto Stock Exchange
Ticker Symbol FM
Full Company Profile

Financial Performance

Financial numbers in USD Financial Statements

Analyst Summary

According to 22 analysts, the average rating for FM stock is "Buy." The 12-month stock price target is $47.09, which is an increase of 20.40% from the latest price.

Price Target
$47.09
(20.40% upside)
Analyst Consensus: Buy
Stock Forecasts

News

First Quantum Minerals price target lowered to C$45.20 at Morgan Stanley

Morgan Stanley analyst Ioannis Masvoulas lowered the firm’s price target on First Quantum Minerals (FQVLF) to C$45.20 from C$46.30 and keeps an Overweight rating on the shares. Published first on…

1 day ago - TheFly

First Quantum Minerals price target raised to C$44 from C$33 at JPMorgan

JPMorgan analyst Patrick Jones raised the firm’s price target on First Quantum Minerals (FQVLF) to C$44 from C$33 and keeps a Neutral rating on the shares.

3 days ago - TheFly

First Quantum Provides Notice of Second Quarter 2026 Results

TORONTO, June 30, 2026 (GLOBE NEWSWIRE) -- First Quantum Minerals Ltd. (“First Quantum” or the “Company”) (TSX: FM) will release second quarter 2026 financial and operating results on Tuesday, July 28...

9 days ago - GlobeNewsWire

First Quantum Minerals Slides: Conference presentation

First Quantum Minerals has posted slides in relation to its latest quarterly earnings report, which was published on June 29, 2026.

10 days ago - Filings

First Quantum Minerals (FQVLF) Receives Positive Audit for Cobre Panama Mine

First Quantum Minerals (FQVLF) Receives Positive Audit for Cobre Panama Mine

19 days ago - GuruFocus

Panama audit of shuttered First Quantum copper mine flags environmental liabilities

Panama's government-commissioned audit of First Quantum Minerals' Cobre Panama copper ​mine has found the project broadly compliant with its ‌legal, environmental and operational obligations, but flag...

20 days ago - Reuters

Panama receives final audit of First Quantum’s Cobre Panama mine

Panama’s environment ministry on Friday said it has received the final audit into the Cobre Panama copper mine operated by Canada’s First Quantum Minerals.

20 days ago - BNN Bloomberg

First Quantum Minerals price target raised to C$55 from C$48 at Scotiabank

Scotiabank analyst Orest Wowkodaw raised the firm’s price target on First Quantum Minerals (FQVLF) to C$55 from C$48 and keeps an Outperform rating on the shares.

24 days ago - TheFly

First Quantum Minerals upgraded to Buy from Hold at Deutsche Bank

Deutsche Bank upgraded First Quantum Minerals (FQVLF) to Buy from Hold with a price target of C$50, up from C$40. The firm cites the company’s expected decision on the restart…

5 weeks ago - TheFly

First Quantum Minerals price target lowered to C$33 from C$34 at JPMorgan

JPMorgan lowered the firm’s price target on First Quantum Minerals (FQVLF) to C$33 from C$34 and keeps a Neutral rating on the shares.

6 weeks ago - TheFly

First Quantum price target lowered to C$42 from C$42.20 at Barclays

Barclays lowered the firm’s price target on First Quantum Minerals (FQVLF) to C$42 from C$42.20 and keeps an Equal Weight rating on the shares following a transfer of analysts. Published…

6 weeks ago - TheFly

First Quantum Minerals upgraded to Overweight from Equal Weight at Morgan Stanley

Morgan Stanley analyst Ioannis Masvoulas upgraded First Quantum Minerals (FQVLF) to Overweight from Equal Weight with a price target of C$42.20, up from C$37.70. The stock’s sharp de-rating offers an…

7 weeks ago - TheFly

First Quantum Minerals price target raised to C$41 from C$40 at Deutsche Bank

Deutsche Bank analyst Liam Fitzpatrick raised the firm’s price target on First Quantum Minerals (FQVLF) to C$41 from C$40 and keeps a Hold rating on the shares. Published first on…

7 weeks ago - TheFly

First Quantum Minerals price target raised to C$48 from C$44 at Scotiabank

Scotiabank analyst Orest Wowkodaw raised the firm’s price target on First Quantum Minerals (FQVLF) to C$48 from C$44 and keeps an Outperform rating on the shares.

2 months ago - TheFly

Chattanooga Launches Nation's First Quantum Pre-Apprenticeship Program

Chattanooga, Tennessee--(Newsfile Corp. - May 7, 2026) - The Chattanooga Quantum Collaborative (CQC) and BuildWithin today launched the nation's first quantum pre-apprenticeship: a paid, 12-week progr...

2 months ago - Newsfile Corp

First Quantum Minerals Transcript: AGM 2026

The meeting approved all resolutions, including director elections and executive compensation. Strong 2025 financial results were highlighted, with major project milestones achieved and ongoing strategic initiatives in Zambia, Panama, and Argentina. Key risks and safety improvements were addressed.

2 months ago - Transcripts

First Quantum Minerals price target lowered to C$42.20 from C$44.60 at Barclays

Barclays analyst Ian Rossouw lowered the firm’s price target on First Quantum Minerals (FQVLF) to C$42.20 from C$44.60 and keeps an Overweight rating on the shares. The firm updated the…

2 months ago - TheFly

First Quantum Minerals price target lowered to C$44 from C$47 at Scotiabank

Scotiabank lowered the firm’s price target on First Quantum Minerals (FQVLF) to C$44 from C$47 and keeps an Outperform rating on the shares.

2 months ago - TheFly

First Quantum Minerals price target lowered to C$46 from C$48 at Canaccord

Canaccord lowered the firm’s price target on First Quantum Minerals (FQVLF) to C$46 from C$48 and keeps a Buy rating on the shares.

2 months ago - TheFly

First Quantum Minerals price target lowered to C$40 from C$41 at Deutsche Bank

Deutsche Bank analyst Liam Fitzpatrick lowered the firm’s price target on First Quantum Minerals (FQVLF) to C$40 from C$41 and keeps a Hold rating on the shares. Published first on…

2 months ago - TheFly

First Quantum Minerals Earnings Call Transcript: Q1 2026

Q1 2026 saw strong operational progress and resilience amid macroeconomic and supply chain challenges, with updated guidance reflecting higher costs and the restart of Cobre Panamá stockpile processing. Key projects like Taca Taca advanced, and balance sheet strength improved through refinancing and asset sales.

2 months ago - Transcripts

First Quantum Minerals Slides: Q1 2026

First Quantum Minerals has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on April 29, 2026.

2 months ago - Filings

First Quantum Minerals Earnings release: Q1 2026

First Quantum Minerals released its Q1 2026 earnings on April 29, 2026, summarizing the period's financial results.

2 months ago - Filings

First Quantum Minerals upgraded to Neutral from Underweight at JPMorgan

JPMorgan upgraded First Quantum Minerals (FQVLF) to Neutral from Underweight with a price target of C$37, up from C$28. The firm sees upside risks to 2027 and 2028 estimates if…

2 months ago - TheFly

First Quantum Minerals price target raised to C$48 from C$47 at Canaccord

Canaccord raised the firm’s price target on First Quantum Minerals (FQVLF) to C$48 from C$47 and keeps a Buy rating on the shares.

2 months ago - TheFly