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First Quantum Minerals (FM) Competitors

First Quantum Minerals logo
C$47.64 +0.13 (+0.27%)
As of 08/24/2026 04:00 PM Eastern

FM vs. LUN, HBM, CS, KAT, and ERO

Should you buy First Quantum Minerals stock or one of its competitors? First Quantum Minerals's main competitors and comparable companies include Lundin Mining (LUN), Hudbay Minerals (HBM), Capstone Copper (CS), Katanga Mining Limited (KAT.TO) (KAT), and Ero Copper (ERO). Companies are selected based on similarities in market, industry, and size. These companies are all part of the "copper" industry.

How does First Quantum Minerals compare to Lundin Mining?

First Quantum Minerals (TSE:FM) and Lundin Mining (TSE:LUN) are both large-cap materials companies, but which is the superior investment? We will contrast the two companies based on the strength of their valuation, profitability, earnings, risk, analyst recommendations, institutional ownership, media sentiment and dividends.

Lundin Mining has a net margin of 35.11% compared to First Quantum Minerals' net margin of -1.44%. Lundin Mining's return on equity of 22.97% beat First Quantum Minerals' return on equity.

Company Net Margins Return on Equity Return on Assets
First Quantum Minerals-1.44% -0.73% 2.31%
Lundin Mining 35.11%22.97%4.56%

Lundin Mining has lower revenue, but higher earnings than First Quantum Minerals. First Quantum Minerals is trading at a lower price-to-earnings ratio than Lundin Mining, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
First Quantum MineralsC$5.75B6.92-C$1.05B-C$0.09N/A
Lundin MiningC$4.63B7.01C$216.85MC$1.7521.77

First Quantum Minerals has a beta of 1.377459, suggesting that its stock price is 38% more volatile than the broader market. Comparatively, Lundin Mining has a beta of 2.300308, suggesting that its stock price is 130% more volatile than the broader market.

First Quantum Minerals currently has a consensus price target of C$44.68, indicating a potential downside of 6.22%. Lundin Mining has a consensus price target of C$39.72, indicating a potential upside of 4.24%. Given Lundin Mining's higher probable upside, analysts plainly believe Lundin Mining is more favorable than First Quantum Minerals.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
First Quantum Minerals
0 Sell rating(s)
2 Hold rating(s)
10 Buy rating(s)
1 Strong Buy rating(s)
2.92
Lundin Mining
1 Sell rating(s)
6 Hold rating(s)
8 Buy rating(s)
0 Strong Buy rating(s)
2.47

70.2% of First Quantum Minerals shares are held by institutional investors. Comparatively, 61.2% of Lundin Mining shares are held by institutional investors. 19.4% of First Quantum Minerals shares are held by insiders. Comparatively, 15.7% of Lundin Mining shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

In the previous week, Lundin Mining had 14 more articles in the media than First Quantum Minerals. MarketBeat recorded 17 mentions for Lundin Mining and 3 mentions for First Quantum Minerals. First Quantum Minerals' average media sentiment score of 0.69 beat Lundin Mining's score of -0.37 indicating that First Quantum Minerals is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
First Quantum Minerals
1 Very Positive mention(s)
2 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Lundin Mining
1 Very Positive mention(s)
1 Positive mention(s)
6 Neutral mention(s)
3 Negative mention(s)
2 Very Negative mention(s)
Neutral

Summary

Lundin Mining beats First Quantum Minerals on 10 of the 17 factors compared between the two stocks.

How does First Quantum Minerals compare to Hudbay Minerals?

First Quantum Minerals (TSE:FM) and Hudbay Minerals (TSE:HBM) are both large-cap materials companies, but which is the better stock? We will compare the two companies based on the strength of their risk, valuation, dividends, analyst recommendations, profitability, media sentiment, institutional ownership and earnings.

First Quantum Minerals has a beta of 1.377459, meaning that its share price is 38% more volatile than the broader market. Comparatively, Hudbay Minerals has a beta of 2.31136, meaning that its share price is 131% more volatile than the broader market.

Hudbay Minerals has a net margin of 27.22% compared to First Quantum Minerals' net margin of -1.44%. Hudbay Minerals' return on equity of 18.41% beat First Quantum Minerals' return on equity.

Company Net Margins Return on Equity Return on Assets
First Quantum Minerals-1.44% -0.73% 2.31%
Hudbay Minerals 27.22%18.41%4.78%

Hudbay Minerals has lower revenue, but higher earnings than First Quantum Minerals. First Quantum Minerals is trading at a lower price-to-earnings ratio than Hudbay Minerals, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
First Quantum MineralsC$5.75B6.92-C$1.05B-C$0.09N/A
Hudbay MineralsC$2.47B7.38C$69.59MC$1.6325.20

First Quantum Minerals currently has a consensus price target of C$44.68, indicating a potential downside of 6.22%. Hudbay Minerals has a consensus price target of C$40.91, indicating a potential downside of 0.28%. Given Hudbay Minerals' stronger consensus rating and higher possible upside, analysts clearly believe Hudbay Minerals is more favorable than First Quantum Minerals.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
First Quantum Minerals
0 Sell rating(s)
2 Hold rating(s)
10 Buy rating(s)
1 Strong Buy rating(s)
2.92
Hudbay Minerals
0 Sell rating(s)
1 Hold rating(s)
10 Buy rating(s)
2 Strong Buy rating(s)
3.08

70.2% of First Quantum Minerals shares are owned by institutional investors. Comparatively, 46.1% of Hudbay Minerals shares are owned by institutional investors. 19.4% of First Quantum Minerals shares are owned by insiders. Comparatively, 0.1% of Hudbay Minerals shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

In the previous week, First Quantum Minerals had 1 more articles in the media than Hudbay Minerals. MarketBeat recorded 3 mentions for First Quantum Minerals and 2 mentions for Hudbay Minerals. First Quantum Minerals' average media sentiment score of 0.69 beat Hudbay Minerals' score of 0.00 indicating that First Quantum Minerals is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
First Quantum Minerals
1 Very Positive mention(s)
2 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Hudbay Minerals
0 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Summary

Hudbay Minerals beats First Quantum Minerals on 11 of the 16 factors compared between the two stocks.

How does First Quantum Minerals compare to Capstone Copper?

First Quantum Minerals (TSE:FM) and Capstone Copper (TSE:CS) are both large-cap materials companies, but which is the superior business? We will contrast the two companies based on the strength of their risk, media sentiment, dividends, profitability, analyst recommendations, valuation, institutional ownership and earnings.

First Quantum Minerals has a beta of 1.377459, meaning that its stock price is 38% more volatile than the broader market. Comparatively, Capstone Copper has a beta of 2.172553, meaning that its stock price is 117% more volatile than the broader market.

Capstone Copper has a net margin of 17.67% compared to First Quantum Minerals' net margin of -1.44%. Capstone Copper's return on equity of 13.69% beat First Quantum Minerals' return on equity.

Company Net Margins Return on Equity Return on Assets
First Quantum Minerals-1.44% -0.73% 2.31%
Capstone Copper 17.67%13.69%0.47%

First Quantum Minerals presently has a consensus price target of C$44.68, indicating a potential downside of 6.22%. Capstone Copper has a consensus price target of C$16.35, indicating a potential downside of 1.62%. Given Capstone Copper's stronger consensus rating and higher probable upside, analysts plainly believe Capstone Copper is more favorable than First Quantum Minerals.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
First Quantum Minerals
0 Sell rating(s)
2 Hold rating(s)
10 Buy rating(s)
1 Strong Buy rating(s)
2.92
Capstone Copper
0 Sell rating(s)
2 Hold rating(s)
4 Buy rating(s)
2 Strong Buy rating(s)
3.00

Capstone Copper has lower revenue, but higher earnings than First Quantum Minerals. First Quantum Minerals is trading at a lower price-to-earnings ratio than Capstone Copper, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
First Quantum MineralsC$5.75B6.92-C$1.05B-C$0.09N/A
Capstone CopperC$2.68B4.75-C$14.64MC$0.6226.81

70.2% of First Quantum Minerals shares are owned by institutional investors. Comparatively, 36.5% of Capstone Copper shares are owned by institutional investors. 19.4% of First Quantum Minerals shares are owned by insiders. Comparatively, 15.4% of Capstone Copper shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

In the previous week, First Quantum Minerals and First Quantum Minerals both had 3 articles in the media. First Quantum Minerals' average media sentiment score of 0.69 beat Capstone Copper's score of 0.53 indicating that First Quantum Minerals is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
First Quantum Minerals
1 Very Positive mention(s)
2 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Capstone Copper
1 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

Capstone Copper beats First Quantum Minerals on 9 of the 16 factors compared between the two stocks.

How does First Quantum Minerals compare to Katanga Mining Limited (KAT.TO)?

First Quantum Minerals (TSE:FM) and Katanga Mining Limited (KAT.TO) (TSE:KAT) are both materials companies, but which is the superior stock? We will contrast the two companies based on the strength of their earnings, profitability, analyst recommendations, media sentiment, dividends, institutional ownership, valuation and risk.

70.2% of First Quantum Minerals shares are owned by institutional investors. 19.4% of First Quantum Minerals shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

First Quantum Minerals currently has a consensus target price of C$44.68, indicating a potential downside of 6.22%. Given Katanga Mining Limited (KAT.TO)'s higher possible upside, analysts clearly believe Katanga Mining Limited (KAT.TO) is more favorable than First Quantum Minerals.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
First Quantum Minerals
0 Sell rating(s)
2 Hold rating(s)
10 Buy rating(s)
1 Strong Buy rating(s)
2.92
Katanga Mining Limited (KAT.TO)
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
0.00

First Quantum Minerals has higher revenue and earnings than Katanga Mining Limited (KAT.TO). First Quantum Minerals is trading at a lower price-to-earnings ratio than Katanga Mining Limited (KAT.TO), indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
First Quantum MineralsC$5.75B6.92-C$1.05B-C$0.09N/A
Katanga Mining Limited (KAT.TO)C$1.39B0.00-C$11.75B-C$0.19N/A

Katanga Mining Limited (KAT.TO) has a net margin of 0.00% compared to First Quantum Minerals' net margin of -1.44%. Katanga Mining Limited (KAT.TO)'s return on equity of 0.00% beat First Quantum Minerals' return on equity.

Company Net Margins Return on Equity Return on Assets
First Quantum Minerals-1.44% -0.73% 2.31%
Katanga Mining Limited (KAT.TO) N/A N/A N/A

In the previous week, First Quantum Minerals had 3 more articles in the media than Katanga Mining Limited (KAT.TO). MarketBeat recorded 3 mentions for First Quantum Minerals and 0 mentions for Katanga Mining Limited (KAT.TO). First Quantum Minerals' average media sentiment score of 0.69 beat Katanga Mining Limited (KAT.TO)'s score of 0.00 indicating that First Quantum Minerals is being referred to more favorably in the media.

Company Overall Sentiment
First Quantum Minerals Positive
Katanga Mining Limited (KAT.TO) Neutral

Summary

First Quantum Minerals beats Katanga Mining Limited (KAT.TO) on 11 of the 15 factors compared between the two stocks.

How does First Quantum Minerals compare to Ero Copper?

Ero Copper (TSE:ERO) and First Quantum Minerals (TSE:FM) are both materials companies, but which is the better investment? We will compare the two companies based on the strength of their risk, institutional ownership, analyst recommendations, media sentiment, earnings, profitability, valuation and dividends.

Ero Copper presently has a consensus price target of C$47.63, suggesting a potential downside of 10.83%. First Quantum Minerals has a consensus price target of C$44.68, suggesting a potential downside of 6.22%. Given First Quantum Minerals' stronger consensus rating and higher possible upside, analysts plainly believe First Quantum Minerals is more favorable than Ero Copper.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Ero Copper
0 Sell rating(s)
8 Hold rating(s)
5 Buy rating(s)
2 Strong Buy rating(s)
2.60
First Quantum Minerals
0 Sell rating(s)
2 Hold rating(s)
10 Buy rating(s)
1 Strong Buy rating(s)
2.92

In the previous week, Ero Copper had 1 more articles in the media than First Quantum Minerals. MarketBeat recorded 4 mentions for Ero Copper and 3 mentions for First Quantum Minerals. First Quantum Minerals' average media sentiment score of 0.69 beat Ero Copper's score of 0.39 indicating that First Quantum Minerals is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Ero Copper
1 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
First Quantum Minerals
1 Very Positive mention(s)
2 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Ero Copper has a beta of 1.746136, meaning that its share price is 75% more volatile than the broader market. Comparatively, First Quantum Minerals has a beta of 1.377459, meaning that its share price is 38% more volatile than the broader market.

66.4% of Ero Copper shares are owned by institutional investors. Comparatively, 70.2% of First Quantum Minerals shares are owned by institutional investors. 10.4% of Ero Copper shares are owned by company insiders. Comparatively, 19.4% of First Quantum Minerals shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

Ero Copper has higher earnings, but lower revenue than First Quantum Minerals. First Quantum Minerals is trading at a lower price-to-earnings ratio than Ero Copper, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Ero CopperC$1.04B5.33C$10.88MC$2.9518.11
First Quantum MineralsC$5.75B6.92-C$1.05B-C$0.09N/A

Ero Copper has a net margin of 29.72% compared to First Quantum Minerals' net margin of -1.44%. Ero Copper's return on equity of 30.09% beat First Quantum Minerals' return on equity.

Company Net Margins Return on Equity Return on Assets
Ero Copper29.72% 30.09% 3.46%
First Quantum Minerals -1.44%-0.73%2.31%

Summary

Ero Copper beats First Quantum Minerals on 9 of the 17 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding FM and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of TSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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FM vs. The Competition

MetricFirst Quantum MineralsMetals & Mining IndustryMaterials SectorTSE Exchange
Market CapC$39.74BC$4.13BC$5.14BC$12.58B
Dividend Yield1.57%5.18%4.68%6.22%
P/E Ratio-529.3325.9426.5738.95
Price / Sales6.928,001.274,760.0110.07
Price / Cash12.3526.6824.7182.29
Price / Book3.4210.939.194.79
Net Income-C$1.05BC$122.81MC$154.52MC$299.09M
7 Day Performance9.62%7.90%6.20%1.50%
1 Month Performance23.68%16.89%13.28%5.29%
1 Year Performance102.04%58.29%45.85%34.83%

First Quantum Minerals Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
FM
First Quantum Minerals
1.7272 of 5 stars
C$47.64
+0.3%
C$44.68
-6.2%
+103.0%C$39.74BC$5.75BN/A20,000
LUN
Lundin Mining
1.8643 of 5 stars
C$35.53
-1.8%
C$39.64
+11.6%
+142.8%C$30.25BC$4.63B20.306,019
HBM
Hudbay Minerals
1.5827 of 5 stars
C$36.58
-3.7%
C$40.91
+11.8%
+152.0%C$16.25BC$2.47B22.472,500
CS
Capstone Copper
1.584 of 5 stars
C$14.76
-2.5%
C$16.35
+10.8%
+72.0%C$11.28BC$2.68B23.811,049
KAT
Katanga Mining Limited (KAT.TO)
N/AN/AN/AN/AC$9.79BC$1.39BN/A4,457

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This page (TSE:FM) was last updated on 8/25/2026 by MarketBeat.com Staff.
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