First Quantum Minerals Ltd. (TSX: FM)

Canada flag Canada · Delayed Price · Currency is CAD
18.52
+0.55 (3.06%)
Jul 2, 2024, 4:00 PM EDT
-42.45%
Market Cap 15.31B
Revenue (ttm) 8.12B
Net Income (ttm) -1.63B
Shares Out 833.55M
EPS (ttm) -2.33
PE Ratio n/a
Forward PE 19.31
Dividend 0.08 (0.43%)
Ex-Dividend Date Aug 25, 2023
Volume 3,535,624
Open 18.68
Previous Close 17.97
Day's Range n/a
52-Week Range 9.31 - 39.13
Beta 1.86
Analysts n/a
Price Target 20.00 (+7.99%)
Earnings Date Jul 23, 2024

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, 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 know... [Read more]

Industry Copper
Sector Materials
CEO Anthony Tristan Pascall
Employees 20,000
Stock Exchange Toronto Stock Exchange
Ticker Symbol FM
Full Company Profile

Financial Performance

Financial numbers in USD Financial Statements

News

First Quantum Minerals jumps 6% on Panama plans for mine environmental audit

Shares of Canadian miner First Quantum Minerals jumped 6% on the Toronto Stock Exchange in early trading on Monday, following news that Panama would conduct an environmental audit of the Cobre Panama ...

11 hours ago - Reuters

Biden Administration Halts 211-Mile Ambler Road Project In Alaska To Protect Environment, Native Communities

The Biden Administration has officially halted plans for the Ambler Road in Alaska, a decision that significantly impedes potential mining developments in the region. Announced initially in April, the...

1 day ago - Benzinga

First Quantum To Launch Arbitration Against Panama Over Cobre Panama Mine Closure

Canadian miner First Quantum Minerals (OTC: FQVL) will initiate formal arbitration proceedings against Panama in July over the closure of the Cobre Panama mine last November. With 3.0 billion tons of...

4 days ago - Benzinga

Exclusive: FQM to launch formal arbitration versus Panama in July

Canadian miner First Quantum Minerals will launch formal arbitration proceedings against Panama in July over the country's decision to close the giant Cobre Panama mine last November, two people famil...

4 days ago - Reuters

First Quantum Provides Notice of Second Quarter 2024 Results

TORONTO, June 25, 2024 (GLOBE NEWSWIRE) -- First Quantum Minerals Ltd. (“First Quantum” or the “Company”) (TSX: FM) will release second quarter 2024 financial and operating results on Tuesday, July 23...

7 days ago - GlobeNewsWire

Copper Frenzy Draws Mining Giants to Argentina After Milei’s Reforms

Global mining heavyweights including Lundin Mining Corp., Glencore Plc and First Quantum Minerals Ltd. are piling into Argentina as a new government intent on luring foreign investment propels the com...

5 weeks ago - Financial Post

Silver, Gold, And Copper Breakout, Wall Street's Last Bear Throws In The Towel

To gain an edge, this is what you need to know today. Metals Break Out Please click here for an enlarged chart of silver ETF iShares Silver Trust (ARCA:SLV). Note the following: The chart is a monthly...

6 weeks ago - Benzinga

Copper Takes Center Stage in High-Stakes Global Commodities Battle

The global demand for copper has intensified recently, evidenced by significant moves in the industry such as the Biden administration's efforts to prevent Chinese dominance in copper supply by discus...

7 weeks ago - The Wall Street Journal

First Quantum Minerals Announces Voting Results for the Election of Directors

TORONTO, May 09, 2024 (GLOBE NEWSWIRE) -- First Quantum Minerals Ltd. (“First Quantum” or “the Company”) (TSX: FM) announced that the nominees listed in the Management Information Circular for the 202...

7 weeks ago - GlobeNewsWire

Panama’s New Leader Wants Mine Arbitration Dropped Before Talking to First Quantum

Panama’s president-elect said he won’t engage in talks to reopen a giant copper mine until its operator, First Quantum Minerals Ltd., drops arbitration proceedings against the Central American nation.

7 weeks ago - Financial Post

First Quantum to seek talks with Panama’s incoming president on closed mine

Pro-business credentials and previous support for mining sector raising hopes for a reopening

2 months ago - Financial Post

First Quantum to Seek Talks With Panama’s Mulino on Closed Mine

First Quantum Minerals Ltd. will seek talks with Panama’s incoming president in an effort to resolve the dispute that shuttered the Cobre Panama copper mine.

2 months ago - BNN Bloomberg

First Quantum Minerals to close Ravensthorpe nickel project with loss of 330 jobs

Canadian miner First Quantum shuttered its nickel mine on WA's south coast in October 2017 because of weak prices.

2 months ago - Australian Broadcasting Corporation

First Quantum Minerals Reports First Quarter 2024 Results

(In United States dollars, except where noted otherwise) TORONTO, April 23, 2024 (GLOBE NEWSWIRE) -- First Quantum Minerals Ltd. (“First Quantum” or the "Company”) (TSX: FM) today reports results for ...

2 months ago - GlobeNewsWire

Rio Tinto, Saudi Arabia's Manara Emerge As Likely Bidders For First Quantum's Zambian Assets: Report

Rio Tinto (NYSE: RIO) and Saudi Arabia’s Manara Minerals Investment are reportedly interested in buying First Quantum Minerals ‘ (OTCPK: FQVLF) Zambian assets . What Happened : According to Bloomberg...

2 months ago - Benzinga

Rio Tinto, Saudi Arabia weighing stake in First Quantum's Zambia mines - Bloomberg

Potential suitors, including Rio Tinto and Saudi Arabia's Manara Minerals, are considering bids for a stake in First Quantum's Zambian copper mines as demand for copper rises.

2 months ago - Seeking Alpha

How a $10 Billion Mine Became a Cautionary Tale for the Energy Transition

First Quantum Minerals built a giant copper project deep in the Panamanian jungle. Then it all fell apart.

2 months ago - Financial Post

Leith Wheeler Canadian Equity Cuts First Quantum Minerals, Bolsters TMX Group Holdings

Leith Wheeler Canadian Equity Cuts First Quantum Minerals, Bolsters TMX Group Holdings

3 months ago - GuruFocus

First Quantum Provides Notice of First Quarter 2024 Results

TORONTO, March 28, 2024 (GLOBE NEWSWIRE) -- First Quantum Minerals Ltd. (“First Quantum” or “the Company”) (TSX: FM) will release first quarter 2024 financial and operating results on Tuesday, April 2...

3 months ago - GlobeNewsWire