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

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for First Quantum Minerals in the last twelve months. There are currently 4 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" FQVLF shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in FQVLF, but not buy additional shares or sell existing shares. View FQVLF analyst ratings or view top-rated stocks .

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

7 equities research analysts have issued 12 month target prices for First Quantum Minerals' stock. Their FQVLF share price targets range from $11.00 to $37.00. On average, they predict the company's share price to reach $27.61 in the next twelve months. This suggests a possible upside of 120.2% from the stock's current price. View analysts price targets for FQVLF or view top-rated stocks among Wall Street analysts .

How have FQVLF shares performed in 2024?

First Quantum Minerals' stock was trading at $8.27 at the beginning of the year. Since then, FQVLF shares have increased by 51.6% and is now trading at $12.54. View the best growth stocks for 2024 here .

Are investors shorting First Quantum Minerals?

First Quantum Minerals saw a increase in short interest in April. As of April 15th, there was short interest totaling 3,066,800 shares, an increase of 12.7% from the March 31st total of 2,722,400 shares. Based on an average daily volume of 207,000 shares, the days-to-cover ratio is currently 14.8 days. View First Quantum Minerals' Short Interest .

How were First Quantum Minerals' earnings last quarter?

First Quantum Minerals Ltd. (OTCMKTS:FQVLF) released its earnings results on Tuesday, April, 23rd. The basic materials company reported ($0.20) earnings per share for the quarter, missing the consensus estimate of ($0.14) by $0.06. The basic materials company had revenue of $1.04 billion for the quarter, compared to the consensus estimate of $931.34 million. First Quantum Minerals had a positive trailing twelve-month return on equity of 0.26% and a negative net margin of 20.02%.

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

First Quantum Minerals announced a dividend on Wednesday, August 23rd. Shareholders of record on Monday, August 28th will be given a dividend of $0.0606 per share on Tuesday, September 19th. This represents a yield of 0.62%. The ex-dividend date of this dividend is Friday, August 25th. Read our dividend analysis for FQVLF .

Is First Quantum Minerals a good dividend stock?

First Quantum Minerals (OTCMKTS:FQVLF) pays an annual dividend of $0.06 per share and currently has a dividend yield of 0.47%. Read our dividend analysis for FQVLF .

How do I buy shares of First Quantum Minerals?

Shares of FQVLF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

OTCMKTS:FQVLF

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

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$12.54

-0.44 (-3.39%)

(As of 05/1/2024 ET)

Compare

Today's Range: $12.07
▼
$12.85
50-Day Range: $9.10
▼
$13.37
52-Week Range: $6.92
▼
$29.79

Volume: 96,683 shs
Average Volume: 185,964 shs
Market Capitalization: $10.45 billion

P/E Ratio: N/A
Dividend Yield: 0.48%
Price Target: $27.61

Stock Analysis Analyst Forecasts Chart Dividend Earnings Financials Headlines Short Interest Sustainability

Get First Quantum Minerals alerts:

First Quantum Minerals MarketRank™ Stock Analysis

Analyst Rating: Hold
2.43 Rating Score
Upside/Downside: 120.2% Upside
$27.61 Price Target
Short Interest: Bearish
0.37% of Shares Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: -7.77
Upright™ Environmental Score
News Sentiment: 1.00
Based on 17 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($0.15) to $0.69 Per Share

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.

1.88 out of 5 stars

3.2

Analyst's Opinion

Consensus Rating
First Quantum Minerals has received a consensus rating of Hold. The company's average rating score is 2.43, and is based on 3 buy ratings, 4 hold ratings, and no sell ratings.
Amount of Analyst Coverage
First Quantum Minerals has only been the subject of 2 research reports in the past 90 days.

1.0

Short Interest

Percentage of Shares Shorted
0.37% of the outstanding shares of First Quantum Minerals have been sold short.
Short Interest Ratio / Days to Cover
First Quantum Minerals has a short interest ratio ("days to cover") of 14.8, which indicates bearish sentiment.
Change versus previous month
Short interest in First Quantum Minerals has recently increased by 12.65%, indicating that investor sentiment is decreasing significantly.

0.8

Dividend Strength

Dividend Yield
First Quantum Minerals has a dividend yield of 0.47%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
First Quantum Minerals does not have a long track record of dividend growth.
Dividend Sustainability
Based on earnings estimates, First Quantum Minerals will have a dividend payout ratio of 8.70% next year. This indicates that First Quantum Minerals will be able to sustain or increase its dividend.

0.0

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
First Quantum Minerals has received a -241.43% net impact score from Upright. The largest negative impact of First Quantum Minerals in category "GHG emissions" seems to be driven mostly by its "Copper", "Cobalt", and "Zinc" products. See details.
Environmental Sustainability
The Environmental Impact score for First Quantum Minerals is -7.77.

3.3

News and Social Media Coverage

News Sentiment
First Quantum Minerals has a news sentiment score of 1.00. 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 higher news sentiment than the 0.32 average news sentiment score of Basic Materials companies.
News Coverage This Week
MarketBeat has tracked 17 news articles for First Quantum Minerals this week, compared to 3 articles on an average week.
MarketBeat Follows
4 people have added First Quantum Minerals to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

N/A

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, First Quantum Minerals insiders have not sold or bought any company stock.

1.3

Earnings and Valuation

Earnings Growth
Earnings for First Quantum Minerals are expected to grow in the coming year, from ($0.15) to $0.69 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of First Quantum Minerals is -7.38, 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 -7.38, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
First Quantum Minerals has a P/B Ratio of 0.81. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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About First Quantum Minerals Stock (OTCMKTS:FQVLF)

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.

FQVLF Stock Price History

30 days | 90 days | 365 days | Advanced Chart

FQVLF Stock News Headlines

April 29, 2024 | finance.yahoo.com

First Quantum Minerals On Placing Ravensthorpe on Care and Maintenance Amidst "Depressed" Nickel Price

April 29, 2024 | americanbankingnews.com

Q2 2024 Earnings Forecast for First Quantum Minerals Ltd. Issued By National Bank Financial (OTCMKTS:FQVLF)

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April 27, 2024 | americanbankingnews.com

First Quantum Minerals Ltd. (OTCMKTS:FQVLF) to Post Q3 2024 Earnings of $0.19 Per Share, National Bank Financial Forecasts

April 27, 2024 | americanbankingnews.com

Comparing Lifezone Metals (NYSE:LZM) & First Quantum Minerals (OTCMKTS:FQVLF)

April 26, 2024 | markets.businessinsider.com

Analysts Offer Insights on Materials Companies: First Quantum Minerals (OtherFQVLF), Methanex (MEOH) and Newmont Mining (NEM)

April 26, 2024 | americanbankingnews.com

Brokers Offer Predictions for First Quantum Minerals Ltd.'s Q2 2024 Earnings (OTCMKTS:FQVLF)

April 24, 2024 | markets.businessinsider.com

Raymond James Reaffirms Their Hold Rating on First Quantum Minerals (FQVLF)

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April 23, 2024 | globenewswire.com

First Quantum Minerals Reports First Quarter 2024 Results

April 23, 2024 | proactiveinvestors.com

Midnight Sun Mining partners with First Quantum for copper exploration in Zambia

April 23, 2024 | americanbankingnews.com

First Quantum Minerals Ltd. (OTCMKTS:FQVLF) Receives Consensus Rating of "Moderate Buy" from Brokerages

April 22, 2024 | americanbankingnews.com

First Quantum Minerals Ltd. (OTCMKTS:FQVLF) Expected to Earn Q4 2024 Earnings of $0.01 Per Share

April 18, 2024 | finance.yahoo.com

FOCUS-Panama election unlikely to shift outlook for First Quantum's copper mine

April 18, 2024 | ca.finance.yahoo.com

Panama election unlikely to shift outlook for First Quantum's copper mine

April 16, 2024 | finance.yahoo.com

A $10 Billion Copper Mine Is Now Sitting Idle in the Jungle

April 8, 2024 | finance.yahoo.com

First Quantum Minerals Ltd. (FQVLF)

April 7, 2024 | msn.com

Zambia Mining Boom: The Road To 1 Million Tons of Copper

April 4, 2024 | markets.businessinsider.com

RBC Capital Sticks to Its Buy Rating for First Quantum Minerals (FQVLF)

March 28, 2024 | markets.businessinsider.com

Morgan Stanley Reaffirms Their Buy Rating on First Quantum Minerals (FQVLF)

March 28, 2024 | globenewswire.com

First Quantum Provides Notice of First Quarter 2024 Results

March 28, 2024 | globenewswire.com

First Quantum Provides Notice of Annual General Meeting of Shareholders and Filing of Annual Disclosure Documents

March 27, 2024 | finance.yahoo.com

Exclusive-First Quantum execs discuss investment, disputed copper with Chinese officials

March 24, 2024 | uk.investing.com

First Quantum Minerals Ltd (FQVLF)

March 15, 2024 | nasdaq.com

Copper Prices Jump as Top Chinese Smelters Agree to Cut Output

March 13, 2024 | proactiveinvestors.com

Copper bull market "fast tracked" with higher prices to come soon, Jefferies says

March 8, 2024 | msn.com

First Quantum Minerals raised at Morgan Stanley as perception changes

See More Headlines

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Company Calendar

Last Earnings: 4/23/2024
Today: 5/01/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: OTCMKTS
Sector: Basic Materials
Industry: Copper
Sub-Industry: N/A
Current Symbol: OTCMKTS:FQVLF
CUSIP: N/A
CIK: 1026530
Web: www.first-quantum.com
Phone: (416) 361-6400
Fax: 416-368-4692
Employees: 20,000
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $27.61
High Stock Price Target: $37.00
Low Stock Price Target: $11.00
Potential Upside/Downside: +120.2%
Consensus Rating: Hold
Rating Score (0-4): 2.43
Research Coverage: 7 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($1.70)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-954,000,000.00
Net Margins: -20.02%
Pretax Margin: -7.53%
Return on Equity: 0.26%
Return on Assets: 0.13%

Debt

Debt-to-Equity Ratio: 0.61
Current Ratio: 1.72
Quick Ratio: 0.93

Sales & Book Value

Annual Sales: $6.46 billion
Price / Sales: 1.62
Cash Flow: $1.94 per share
Price / Cash Flow: 6.45
Book Value: $15.54 per share
Price / Book: 0.81

Miscellaneous

Outstanding Shares: 833,530,000
Free Float: N/A
Market Cap: $10.45 billion
Optionable: Not Optionable
Beta: 1.82

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Key Executives

Mr. Anthony Tristan Pascall (Age 48)
CEO & Director
Comp: $2.11M
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

FQVLF Stock Analysis - Frequently Asked Questions

Should I buy or sell First Quantum Minerals stock right now?: 7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for First Quantum Minerals in the last twelve months. There are currently 4 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" FQVLF shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in FQVLF, but not buy additional shares or sell existing shares.
View FQVLF analyst ratings or view top-rated stocks.
What is First Quantum Minerals' stock price target for 2024?: 7 equities research analysts have issued 12 month target prices for First Quantum Minerals' stock. Their FQVLF share price targets range from $11.00 to $37.00. On average, they predict the company's share price to reach $27.61 in the next twelve months. This suggests a possible upside of 120.2% from the stock's current price.
View analysts price targets for FQVLF or view top-rated stocks among Wall Street analysts.
How have FQVLF shares performed in 2024?: First Quantum Minerals' stock was trading at $8.27 at the beginning of the year. Since then, FQVLF shares have increased by 51.6% and is now trading at $12.54.
View the best growth stocks for 2024 here.
Are investors shorting First Quantum Minerals?: First Quantum Minerals saw a increase in short interest in April. As of April 15th, there was short interest totaling 3,066,800 shares, an increase of 12.7% from the March 31st total of 2,722,400 shares. Based on an average daily volume of 207,000 shares, the days-to-cover ratio is currently 14.8 days.
View First Quantum Minerals' Short Interest.

How were First Quantum Minerals' earnings last quarter?: First Quantum Minerals Ltd. (OTCMKTS:FQVLF) released its earnings results on Tuesday, April, 23rd. The basic materials company reported ($0.20) earnings per share for the quarter, missing the consensus estimate of ($0.14) by $0.06. The basic materials company had revenue of $1.04 billion for the quarter, compared to the consensus estimate of $931.34 million. First Quantum Minerals had a positive trailing twelve-month return on equity of 0.26% and a negative net margin of 20.02%.
How often does First Quantum Minerals pay dividends? What is the dividend yield for First Quantum Minerals?: First Quantum Minerals announced a dividend on Wednesday, August 23rd. Shareholders of record on Monday, August 28th will be given a dividend of $0.0606 per share on Tuesday, September 19th. This represents a yield of 0.62%. The ex-dividend date of this dividend is Friday, August 25th.
Read our dividend analysis for FQVLF.
Is First Quantum Minerals a good dividend stock?: First Quantum Minerals (OTCMKTS:FQVLF) pays an annual dividend of $0.06 per share and currently has a dividend yield of 0.47%.
Read our dividend analysis for FQVLF.
How do I buy shares of First Quantum Minerals?: Shares of FQVLF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (OTCMKTS:FQVLF) was last updated on 5/2/2024 by MarketBeat.com Staff

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