First Quantum Minerals (FM) Stock Forecast, Price & News

10 Wall Street equities 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 equities 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.

10 Wall Street analysts have issued 12-month price targets for First Quantum Minerals' stock. Their FM share price forecasts range from C$22.00 to C$45.00. On average, they anticipate the company's stock price to reach C$35.39 in the next twelve months. This suggests a possible upside of 10.3% from the stock's current price.
View analysts price targets for FM or view top-rated stocks among Wall Street analysts.

First Quantum Minerals' stock was trading at C$28.29 at the beginning of 2023. Since then, FM shares have increased by 13.4% and is now trading at C$32.09.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, October 24th 2023.
View our FM earnings forecast.

First Quantum Minerals Ltd. (TSE:FM) announced its earnings results on Tuesday, July, 25th. The company reported $0.15 EPS for the quarter, missing analysts' consensus estimates of $0.20 by $0.05. The company earned $2.22 billion during 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%.

First Quantum Minerals announced a Semi-Annual dividend on Friday, August 25th. Investors of record on Tuesday, September 19th will be paid a dividend of 0.08 per share on Tuesday, September 19th. This represents a yield of 0.2%. The ex-dividend date of this dividend is Friday, August 25th.
Read our dividend analysis for FM.

First Quantum Minerals (TSE:FM) pays an annual dividend of C$0.21 per share and currently has a dividend yield of 0.67%. The dividend payout ratio is 27.27%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for FM.

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).

First Quantum Minerals trades on the Toronto Stock Exchange (TSX) under the ticker symbol "FM."

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.
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One share of FM stock can currently be purchased for approximately C$32.09.

First Quantum Minerals (TSE:FM) has a market capitalization of C$22.24 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.

The company employs 20,000 workers across the globe.

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.