TSE:FM First Quantum Minerals (FM) Stock Forecast, Price & News C$30.62 -0.62 (-1.98%) (As of 11:03 AM ET) Add Compare Share Share Today's RangeC$30.48▼C$31.4850-Day RangeC$31.24▼C$39.1152-Week RangeC$21.32▼C$39.13Volume242,433 shsAverage Volume2.14 million shsMarket CapitalizationC$21.23 billionP/E Ratio39.77Dividend Yield0.69%Price TargetC$35.39 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsInsider TradesHeadlinesOptions ChainSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsInsider TradesHeadlinesOptions ChainSocial Media First Quantum Minerals MarketRank™ ForecastAnalyst RatingHold2.30 Rating ScoreUpside/Downside15.4% UpsideC$35.39 Price TargetShort InterestN/ADividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.34Based on 4 Articles This WeekInsider TradingSelling SharesC$1.86 M Sold Last QuarterProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.14 out of 5 stars 3.2 Analyst's Opinion Consensus RatingFirst Quantum Minerals has received a consensus rating of Hold. The company's average rating score is 2.30, and is based on 5 buy ratings, 3 hold ratings, and 2 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of C$35.39, First Quantum Minerals has a forecasted upside of 15.4% from its current price of C$30.67.Amount of Analyst CoverageFirst Quantum Minerals has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for FM. Previous Next 0.8 Dividend Strength Dividend YieldFirst Quantum Minerals has a dividend yield of 0.59%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthFirst Quantum Minerals does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of First Quantum Minerals is 27.27%. This payout ratio is at a healthy, sustainable level, below 75%. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for FM. Previous Next 1.9 News and Social Media Coverage News SentimentFirst Quantum Minerals has a news sentiment score of 0.34. 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 0.48 average news sentiment score of Basic Materials companies.News Coverage This WeekMarketBeat has tracked 4 news articles for First Quantum Minerals this week, compared to 3 articles on an average week. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, First Quantum Minerals insiders have sold more of their company's stock than they have bought. Specifically, they have bought C$0.00 in company stock and sold C$1,857,497.00 in company stock.Percentage Held by Insiders19.76% 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 Institutions50.85% 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. Previous Next 1.3 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of First Quantum Minerals is 39.83, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 114.72.Price to Earnings Ratio vs. SectorThe P/E ratio of First Quantum Minerals is 39.83, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 88.19.Price to Earnings Growth RatioDue to a projected decrease in earnings for First Quantum Minerals, their PEG ratio cannot be calculated.Price to Book Value per Share RatioFirst Quantum Minerals has a P/B Ratio of 1.84. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About First Quantum Minerals (TSE:FM) StockFirst 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 was incorporated in 1983 and is based in Vancouver, Canada.Read More FM Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart FM Stock News HeadlinesSeptember 27, 2023 | americanbankingnews.comFirst Quantum Minerals Ltd. (TSE:FM) Given Consensus Recommendation of "Hold" by BrokeragesSeptember 25, 2023 | juniorminingnetwork.comFirst Quantum Minerals Provides Notice of Third Quarter 2023 ResultsSeptember 27, 2023 | Wall Street Fundamentals (Ad)The "Plug and Play" Model Putting Online Giants to ShameWhile e-commerce has been undergoing a turbulent time, a "simple" model has grown 4X faster than Amazon over the last 3 years. Applying this model to high-margin, recession-resistant businesses has shown to be profitable. But that's just the beginning of explaining the 400+% growth - and potential - of this "diamond in the rough."September 23, 2023 | americanbankingnews.comFirst Quantum Minerals (TSE:FM) PT Raised to C$32.00 at Morgan StanleySeptember 19, 2023 | finance.yahoo.comFirst Quantum Announces Passing of Co-Founder and Chairman Philip PascallSeptember 11, 2023 | msn.comTSX Gains; Announcements from BlackBerry, First Quantum, Crescent Point, and MoreSeptember 10, 2023 | msn.comUnion at First Quantum's Panama copper mine threatens strike over wagesSeptember 9, 2023 | finance.yahoo.comUPDATE 1-First Quantum reaches deal with Panama copper mine union, avoids strikeSeptember 27, 2023 | Edge On The Street (Ad)Is Gold Really Boring?Many investors perceive gold as a "boring" investment. But according to MoneyWeek, that's a good thing. Gold helps investors sleep soundly as it preserves wealth and creates a hedge against inflation. 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September 8, 2023 | theglobeandmail.comUnion at First Quantum’s Panama copper mine threatens strike over wage disputeSeptember 8, 2023 | finance.yahoo.comStrike Looms at First Quantum's Giant Copper Mine in Panama on Impasse in Wage TalksSeptember 8, 2023 | ca.finance.yahoo.comCanadian miner First Quantum's union threatens strike over wage disputeAugust 28, 2023 | juniorminingnetwork.comFirst Quantum Minerals and Rio Tinto Announce Completion of the La Granja AgreementJuly 28, 2023 | ca.investing.comFirst Quantum Minerals analysts ‘neutral’ on miner’s mixed 2Q resultsJuly 26, 2023 | juniorminingnetwork.comFirst Quantum Minerals Declares Interim Dividend of CDN$0.08 Per ShareJuly 26, 2023 | ca.finance.yahoo.comFirst Quantum Minerals earns US$93 million in second quarterJuly 5, 2023 | marketwatch.comFirst Quantum Minerals Ltd. stock outperforms market despite losses on the dayJune 26, 2023 | juniorminingnetwork.comFirst Quantum Minerals Provides Notice of Second Quarter 2023 ResultsJune 15, 2023 | msn.comFirst Quantum rebuffed informal approach from Barrick Gold - BloombergJune 15, 2023 | finance.yahoo.comCanadian Investment Regulatory Organization Trade Resumption - FMJune 15, 2023 | finance.yahoo.comCanadian Investment Regulatory Organization Trading Halt - FMJune 15, 2023 | finance.yahoo.comFirst Quantum Rebuffs Informal Approach From Barrick GoldMay 26, 2023 | theglobeandmail.comPanama is ready to cash in on its copper boomMay 17, 2023 | finanznachrichten.deFirst Quantum Minerals Ltd.: First Quantum Minerals Announces Pricing and Upsizing of $1.3 Billion Senior Notes OfferingMay 17, 2023 | finance.yahoo.comFirst Quantum Minerals Announces Pricing and Upsizing of $1.3 Billion Senior Notes OfferingMay 17, 2023 | finanznachrichten.deFirst Quantum Minerals Ltd.: First Quantum Minerals Announces $1 Billion Senior Notes OfferingMay 17, 2023 | finance.yahoo.comFirst Quantum Minerals Announces $1 Billion Senior Notes OfferingSee More Headlines Receive FM Stock News and Ratings via Email Sign-up to receive the latest news and ratings for First Quantum Minerals and its competitors with MarketBeat's FREE daily newsletter. Email Address FM Company Calendar Last Earnings7/25/2023Ex-Dividend for 9/19 Dividend8/25/2023Dividend Payable9/19/2023Today9/27/2023Next Earnings (Confirmed)10/24/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE Industry Copper Sub-IndustryN/A SectorBasic Materials Current SymbolTSE:FM CUSIPN/A CIKN/A Webwww.first-quantum.com Phone+1-604-6886577FaxN/AEmployees20,000Year FoundedN/APrice Target and Rating Average Stock Price ForecastC$35.39 High Stock Price ForecastC$45.00 Low Stock Price ForecastC$22.00 Forecasted Upside/Downside+13.3%Consensus RatingHold Rating Score (0-4)2.30 Research Coverage10 Analysts Profitability EPS (Most Recent Fiscal Year)C$0.77 Trailing P/E Ratio40.57 Forward P/E Ratio14.41 P/E Growth-1.28Net IncomeC$398 million Net Margins5.88% Pretax MarginN/A Return on Equity3.29% Return on Assets2.63% Debt Debt-to-Equity Ratio65.56 Current Ratio1.70 Quick Ratio1.41 Sales & Book Value Annual SalesC$6.77 billion Price / Sales3.20 Cash FlowC$2.53 per share Price / Cash Flow12.35 Book ValueC$16.67 per share Price / Book1.87Miscellaneous Outstanding Shares693,190,000Free FloatN/AMarket CapC$21.66 billion OptionableOptionable Beta2.19 Beginner's Guide to Pot Stock InvestingClick the link below and we'll send you MarketBeat's guide to pot stock investing and which pot companies show the most promise. Get This Free Report Key ExecutivesMr. Philip Kelvin Rodda Pascall (Age 75)Co-Founder & Chairman Comp: $3.43MMr. Anthony Tristan Pascall (Age 47)CEO & Director Comp: $1.88MMr. Ryan L. MacWilliam C.F.A.Chief Financial OfficerMr. Rudi BadenhorstChief Operating OfficerMs. Bonita ToDirector of Investor RelationsMs. Sarah E. H. RobertsonCorp. Sec.Mr. Simon MacLeanGroup Reporting ControllerMore ExecutivesKey CompetitorsKatanga Mining Limited (KAT.TO)TSE:KATTurquoise Hill ResourcesTSE:TRQLundin MiningTSE:LUNTeck ResourcesTSE:TECK.BIvanhoe MinesTSE:IVNView All CompetitorsInsidersZenon WozniakSold 55,647 sharesTotal: C$1.86 M ($33.38/share)Rudi BadenhorstSold 1,300 sharesTotal: C$35,867.00 ($27.59/share)Zenon WozniakSold 11,250 sharesTotal: C$352,125.00 ($31.30/share)Zenon WozniakSold 30,965 sharesTotal: C$956,818.50 ($30.90/share)View All Insider Transactions FM Stock - Frequently Asked Questions Should I buy or sell First Quantum Minerals stock right now? 10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for First Quantum Minerals in the last year. There are currently 2 sell ratings, 3 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street research 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 forecast for 2023? 10 Wall Street analysts have issued 12-month target prices for First Quantum Minerals' shares. Their FM share price forecasts range from C$22.00 to C$45.00. On average, they predict the company's share price to reach C$35.39 in the next year. This suggests a possible upside of 13.3% 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 2023? First Quantum Minerals' stock was trading at C$28.29 on January 1st, 2023. Since then, FM shares have increased by 10.4% and is now trading at C$31.24. View the best growth stocks for 2023 here. When is First Quantum Minerals' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, October 24th 2023. View our FM earnings forecast. How were First Quantum Minerals' earnings last quarter? First Quantum Minerals Ltd. (TSE:FM) released its earnings results on Tuesday, July, 25th. The company reported $0.15 earnings per share for the quarter, missing the consensus estimate of $0.20 by $0.05. The business had revenue of $2.22 billion for the quarter, compared to the consensus estimate of $2.27 billion. First Quantum Minerals had a net margin of 5.88% and a trailing twelve-month return on equity of 3.29%. How often does First Quantum Minerals pay dividends? What is the dividend yield for First Quantum Minerals? First Quantum Minerals declared a Semi-Annual dividend on Friday, August 25th. Stockholders of record on Tuesday, September 19th will be given a dividend of 0.08 per share on Tuesday, September 19th. This represents a dividend 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 0.59%. The dividend payout ratio is 27.27%. This payout ratio is at a healthy, sustainable level, below 75%. 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). What is First Quantum Minerals' stock symbol? First Quantum Minerals trades on the Toronto Stock Exchange (TSX) under the ticker symbol "FM." 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. What is First Quantum Minerals' stock price today? One share of FM stock can currently be purchased for approximately C$31.24. How much money does First Quantum Minerals make? First Quantum Minerals (TSE:FM) has a market capitalization of C$21.66 billion and generates C$6.77 billion in revenue each year. The company earns C$398 million in net income (profit) each year or C$0.77 on an earnings per share basis. How many employees does First Quantum Minerals have? The company employs 20,000 workers across the globe. How can I contact First Quantum Minerals? First Quantum Minerals' mailing address is 543 Granville St 14th Floor, VANCOUVER, BC V6C 1X8, Canada. The official website for the company is www.first-quantum.com. The company can be reached via phone at +1-604-6886577. This page (TSE:FM) was last updated on 9/27/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding First Quantum Minerals Ltd. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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