|Bid||14.49 x 0|
|Ask||14.50 x 0|
|Day's Range||14.39 - 14.69|
|52 Week Range||9.45 - 23.05|
|Beta (3Y Monthly)||3.50|
|PE Ratio (TTM)||22.64|
|Earnings Date||Apr 24, 2019 - Apr 29, 2019|
|Forward Dividend & Yield||0.01 (0.07%)|
|1y Target Est||15.07|
How Analysts See Copper Miners as Prices Stabilize(Continued from Prior Part)First Quantum First Quantum Minerals (FM) has risen 44% this year based on its closing prices on February 26. Freeport-McMoRan (FCX) and Southern Copper (SCCO) have risen
How Analysts See Copper Miners as Prices Stabilize(Continued from Prior Part)Southern Copper Southern Copper (SCCO) has risen 22.7% year-to-date based on its closing prices on February 26. After a reasonably strong run in 2019, analysts don’t
How Analysts See Copper Miners as Prices Stabilize(Continued from Prior Part)Strong rallyFreeport-McMoRan (FCX) has been strong this year amid improved copper market sentiments. The stock has risen 28.4% year-to-date based on its closing prices on
How Analysts See Copper Miners as Prices StabilizeCopper minersThe metals and mining space has seen a lot of turbulence over the last five years. In 2015, China’s slowdown concerns spooked commodity investors. The sell-off continued in the first
Waterton Global Resource Management Wants to Replace 80% of Hudbay Directors By John Jannarone Hudbay Minerals has suffered a rough stock performance in recent years. Could some new resources help shore the mining company up? The Toronto-based firm has expanded from a key mining asset in Manitoba several years ago to a sprawling global […]
On a per-share basis, the Vancouver, British Columbia-based company said it had net income of 29 cents. Earnings, adjusted for non-recurring gains, came to 26 cents per share. The metal and minerals mining ...
(In United States dollars, except where noted otherwise) TORONTO , Feb. 14, 2019 /PRNewswire/ -- First Quantum Minerals Ltd. ("First Quantum" or the "Company") (TSX: FM) today reported ...
TORONTO , Feb. 14, 2019 /PRNewswire/ -- First Quantum Minerals Ltd. ("First Quantum" or the "Company") (TSX: FM) today announced that its Board of Directors has approved a final dividend ...
TORONTO , Feb. 13, 2019 /PRNewswire/ -- First Quantum Minerals Ltd. ("First Quantum" or the "Company") (TSX: FM) is pleased to announce first introduction of ore to the processing ...
Why Freeport-McMoRan Is Surging TodayFreeport-McMoRan Freeport-McMoRan (FCX), the leading US-based copper miner (XME), is trading with gains of 5.5% as of 11:55 AM EST. Southern Copper (SCCO) and First Quantum Minerals (FM) have gained 1.6% and 1.4%,
TORONTO, Feb. 7, 2019 /PRNewswire/ - First Quantum Minerals Ltd. ("First Quantum" or the "Company", TSX Symbol "FM") today announced that it has signed a new $2.7 billion Term Loan and Revolving Credit Facility (the "Facility") underwritten by three core relationship banks. This new Facility replaces the existing $1.5 billion Revolving Credit Facility. The new $2.7 billion Facility (with an accordion feature to increase it up to $3.0 billion before the end of 2019) comprises a $1.5 billion Term Loan Facility and a $1.2 billion Revolving Credit Facility (which can be upsized to $1.5 billion if the accordion feature is activated), maturing on December 31, 2022. The refinancing extends the debt maturity profile of the business. This will eliminate all material debt maturities through to 2022. In addition, it provides liquidity headroom under our Revolving Credit Facilities.
First Quantum to Release Fourth Quarter and Full Year 2018 Financial and Operating Results on February 14, 2019
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of First Quantum Minerals Ltd and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
The Company previously reported that a major land slippage occurred at the Cobre Las Cruces operation (see press releases dated January 23 and January 28), located in Gerena, Seville Province, Spain, that resulted in the shut-down of the open pit operation and management decided to shut down the hydrometallurgical complex. Prior to the incident mine personnel identified a risk and immediately implemented safety protocols. The investigation of the incident causes and impact continues with the involvement of the required Government authorities and independent geotechnical experts. The investigation is expected to take some time to complete. While the investigation is being completed, work to repair the pit will continue aimed at resuming normal mining activity which can occur once regulatory approvals have been received.