TSE:FM

First Quantum Minerals Stock Forecast, Price & News

C$29.13

+0.58 (+2.03 %)

(As of 06/11/2021 12:00 AM ET)

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Today's Range

C$28.91

▼

C$29.74

50-Day Range

C$25.90

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C$33.70

52-Week Range

C$8.02

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C$35.07

Volume1.86 million shs

Average Volume2.49 million shs

Market CapitalizationC$20.11 billion

P/E Ratio693.57

Dividend Yield0.04%

BetaN/A

30 days | 90 days | 365 days | Advanced Chart

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About First Quantum Minerals

First Quantum Minerals Ltd. engages in the exploration, development, and production of mineral properties. It primarily explores for copper, nickel, pyrite, gold, silver, and zinc ores, as well as produces acid. The company holds 100% interests in the Ravensthorpe nickel and cobalt mine in Australia; the Sentinel copper project in North Western Province of Zambia; the Las Cruces copper mine in Spain; the Guelb Moghrein copper-gold mine in Mauritania; the PyhÃ¤salmi copper, pyrite, zinc mine in Finland; and the Ãayeli copper-zinc mine in Turkey. It also holds an 80% interest in the Kansanshi copper-gold mine and copper smelter in Zambia; and a 90% interest in the Cobre Panama project located in Panama. In addition, the company has interests in copper, gold, and molybdenum projects at various stages of development located in Argentina, Peru, and Zambia. The company was formerly known as First Quantum Ventures Ltd. and changed its name to First Quantum Minerals Ltd. in July 1996. First Quantum Minerals Ltd. was incorporated in 1983 and is headquartered in Toronto, Canada.

First Quantum Minerals (TSE:FM) PT Raised to C$40.00 at Raymond James
June 9, 2021 | americanbankingnews.com

BMO Capital Markets Raises First Quantum Minerals (TSE:FM) Price Target to C$27.00
June 2, 2021 | americanbankingnews.com

First Quantum Minerals Ltd. (TSE:FM) Receives Average Recommendation of "Hold" from Brokerages
May 30, 2021 | americanbankingnews.com

First Quantum Minerals (TSE:FM) Downgraded by Deutsche Bank Aktiengesellschaft to "Hold"
May 26, 2021 | americanbankingnews.com

First Quantum Minerals (TSE:FM) Given New C$38.50 Price Target at CIBC
May 25, 2021 | americanbankingnews.com

Raymond James Raises First Quantum Minerals (TSE:FM) Price Target to C$39.00
May 21, 2021 | americanbankingnews.com

First Quantum Minerals (TSE:FM) Given New C$40.00 Price Target at National Bank Financial
May 20, 2021 | americanbankingnews.com

First Quantum Minerals (TSE:FM) Given New C$40.00 Price Target at National Bankshares
May 20, 2021 | americanbankingnews.com

Raymond James Analysts Give First Quantum Minerals (TSE:FM) a C$37.00 Price Target
May 20, 2021 | americanbankingnews.com

First Quantum Minerals' (FM) "Outperform" Rating Reaffirmed at CIBC
May 20, 2021 | americanbankingnews.com

See More Headlines

Industry, Sector and Symbol

Stock Exchange TSE
Industry Industrial Metals & Minerals
Sub-IndustryN/A
SectorBasic Materials
Current SymbolTSE:FM
Previous Symbol
CUSIPN/A
CIKN/A
Webwww.first-quantum.com
Phone+1-604-6886577
Employees20,000
Year FoundedN/A

Sales & Book Value

Annual SalesC$5.70 billion
Price / Sales3.53
Cash FlowC$1.57 per share
Price / Cash Flow18.54
Book ValueC$12.94 per share
Price / Book2.25

Profitability

Debt

Price-To-Earnings

Miscellaneous

Outstanding Shares690,415,000
Market CapC$20.11 billion
Next Earnings Date7/27/2021 (Estimated)
OptionableOptionable

MarketRank^™

Overall MarketRank^™

1.40 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 2.42, and is based on 7 buy ratings, 3 hold ratings, and 2 sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of C$33.42, First Quantum Minerals has a forecasted upside of 14.7% from its current price of C$29.13.
Amount of Analyst Coverage
First Quantum Minerals has been the subject of 11 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

1.7 Community Rank

Outperform Votes
First Quantum Minerals has received 612 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
First Quantum Minerals has received 1,156 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
First Quantum Minerals has received 65.38% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about First Quantum Minerals and other stocks. Vote “Outperform” if you believe FM will outperform the S&P 500 over the long term. Vote “Underperform” if you believe FM will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.8 Dividend Strength

Dividend Yield
First Quantum Minerals has a dividend yield of 0.04%, 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 Coverage
The dividend payout ratio of First Quantum Minerals is 17.68%. This payout ratio is at a healthy, sustainable level, below 75%.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In 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$6,509,275.00 in company stock.

1.3 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of First Quantum Minerals is 693.57, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 29.71.
Price to Earnings Ratio vs. Sector
The P/E ratio of First Quantum Minerals is 693.57, which means that it is trading at a more expensive P/E ratio than the Basic Materials sector average P/E ratio of about 30.53.
Price to Earnings Growth Ratio
First Quantum Minerals has a PEG Ratio of 0.42. PEG Ratios below 1 indicate that a company could be undervalued.
Price to Book Value per Share Ratio
First Quantum Minerals has a P/B Ratio of 2.25. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

First Quantum Minerals (TSE:FM) Frequently Asked Questions

Is First Quantum Minerals a buy right now?

12 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 7 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" First Quantum Minerals stock. 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 analyst ratings for First Quantum Minerals or view top-rated stocks.

What stocks does MarketBeat like better than First Quantum Minerals?

Wall Street analysts have given First Quantum Minerals a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but First Quantum Minerals wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is First Quantum Minerals' next earnings date?

First Quantum Minerals is scheduled to release its next quarterly earnings announcement on Tuesday, July 27th 2021.
View our earnings forecast for First Quantum Minerals.

How were First Quantum Minerals' earnings last quarter?

First Quantum Minerals Ltd. (TSE:FM) posted its quarterly earnings results on Tuesday, April, 27th. The company reported $0.27 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.24 by $0.03. The firm had revenue of $2.13 billion for the quarter, compared to analyst estimates of $2 billion.
View First Quantum Minerals' earnings history.

How has First Quantum Minerals' stock price been impacted by Coronavirus?

First Quantum Minerals' stock was trading at C$7.06 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, FM stock has increased by 312.6% and is now trading at C$29.13.
View which stocks have been most impacted by COVID-19.

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

First Quantum Minerals declared a dividend on Wednesday, April 14th. Stockholders of record on Thursday, May 6th will be given a dividend of 0.005 per share on Thursday, May 6th. This represents a yield of 0.02%. The ex-dividend date of this dividend is Wednesday, April 14th.
View First Quantum Minerals' dividend history.

Is First Quantum Minerals a good dividend stock?

First Quantum Minerals pays an annual dividend of C$0.01 per share and currently has a dividend yield of 0.04%. The dividend payout ratio of First Quantum Minerals is 17.68%. This payout ratio is at a healthy, sustainable level, below 75%.
View First Quantum Minerals' dividend history.

What price target have analysts set for FM?

12 brokerages have issued twelve-month price targets for First Quantum Minerals' shares. Their forecasts range from C$13.50 to C$47.00. On average, they expect First Quantum Minerals' stock price to reach C$33.42 in the next twelve months. This suggests a possible upside of 14.7% from the stock's current price.
View analysts' price targets for First Quantum Minerals or view top-rated stocks among Wall Street analysts.

Who are First Quantum Minerals' key executives?

First Quantum Minerals' management team includes the following people:

Mr. Philip Kelvin Rodda Pascall, Chairman & CEO (Age 73, Pay $1.95M)
Mr. Geoffrey Clive Newall, Co-Founder & Non-Exec. Director (Age 71, Pay $745.58k)
Mr. Hannes Otto Meyer, Chief Financial Officer (Age 51, Pay $865.15k)
Mr. Tristan Pascall, Chief Operating Officer
Zenon Wozniak, Director of Projects
Ms. Sharon E. Loung, Director of Investor Relations
Jan Honeyman, Director of HR
Ms. Sarah E. H. Robertson, Corp. Sec.
Mr. John Gregory, Group Consultant of Mining
Ms. Juliet Wall, Gen. Mang. of Fin.

Who are some of First Quantum Minerals' key competitors?

Some companies that are related to First Quantum Minerals include TC Energy (TRP), Glencore (GLEN), Anglo American (AAL), Teck Resources (TECK.A), Teck Resources (TECK.B), Antofagasta (ANTO), Ivanhoe Mines (IVN), Cameco (CCO), Polymetal International (POLY), BRP (DOO), South32 (S32), ARC Resources (ARX), Fresnillo (FRES), Coro Mining (COP) and KAZ Minerals (KAZ).
View all of FM's competitors.

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 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$29.13.

How much money does First Quantum Minerals make?

First Quantum Minerals has a market capitalization of C$20.11 billion and generates C$5.70 billion in revenue each year.

How many employees does First Quantum Minerals have?

First Quantum Minerals employs 20,000 workers across the globe.

What is First Quantum Minerals' official website?

The official website for First Quantum Minerals is www.first-quantum.com.

Where are First Quantum Minerals' headquarters?

First Quantum Minerals is headquartered at 543 Granville St 14th Floor, VANCOUVER, BC V6C 1X8, Canada.

How can I contact First Quantum Minerals?

First Quantum Minerals' mailing address is 543 Granville St 14th Floor, VANCOUVER, BC V6C 1X8, Canada. The company can be reached via phone at +1-604-6886577.

This page was last updated on 6/12/2021 by MarketBeat.com Staff

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