FM.TO - First Quantum Minerals Ltd.

Toronto - Toronto Delayed Price. Currency in CAD
21.94
-0.09 (-0.41%)
At close: 4:00PM EDT
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Previous Close22.03
Open21.78
Bid21.89 x 0
Ask21.94 x 0
Day's Range21.70 - 22.03
52 Week Range9.69 - 22.27
Volume1,814,489
Avg. Volume2,721,561
Market Cap15.125B
Beta6.12
PE Ratio (TTM)N/A
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & Yield0.01 (0.06%)
Ex-Dividend Date2018-04-16
1y Target EstN/A
  • Brokerages Take a Fresh Look at First Quantum Minerals in May
    Market Realist5 days ago

    Brokerages Take a Fresh Look at First Quantum Minerals in May

    First Quantum Minerals (FM) has received a “strong buy” rating from five analysts, while nine analysts have a “buy” or equivalent rating on the stock. The remaining ten analysts polled by Thomson Reuters on May 14 rate the stock as a “hold.”

  • How Analysts Rate Antofagasta in 2Q18
    Market Realist5 days ago

    How Analysts Rate Antofagasta in 2Q18

    Antofagasta (ANTO) has received a “strong buy” rating from five analysts, while four analysts rate the stock as a “buy” or some equivalent. Antofagasta produced 153,800 metric tons of copper in 1Q18, which was 10.5% lower as compared to the corresponding period last year. Antofagasta expects to produce between 705,000 and 740,000 metric tons of copper in 2018 as compared to 704,300 metric tons last year.

  • How Much Downside Do Analysts See in Southern Copper?
    Market Realist5 days ago

    How Much Downside Do Analysts See in Southern Copper?

    Southern Copper (SCCO) has received a “hold” rating from five analysts. Four analysts have a “sell” rating on the stock, while the remaining one analyst polled by Thomson Reuters on May 14 has rated the stock as a “strong sell.” The stock hasn’t received any “buy” or equivalent ratings.

  • How Analysts Rate Freeport-McMoRan in May
    Market Realist6 days ago

    How Analysts Rate Freeport-McMoRan in May

    Freeport-McMoRan (FCX) has received a “strong buy” rating from one analyst, while seven analysts rate the stock as a “buy” or some equivalent. 12 analysts have a “hold” rating on the stock, while three analysts polled by Thomson Reuters on May 14 rate the stock as a “sell.”

  • Reuters12 days ago

    Vedanta's Konkola Copper Mines disputes $18 mln Zambia tax bill - industry source

    Vedanta Resources' Zambia unit, Konkola Copper Mines (KCM), is disputing a bill of almost $18 million slapped on it by tax authorities after an audit, an industry source familiar with the matter, told Reuters on Wednesday. Zambia's revenue authority concluded audits of mining companies that prompted it to hit Canadian miner First Quantum Minerals with a tax bill of $8 billion.

  • Reuters14 days ago

    Zambia concludes mine tax audits after slapping huge bill on First Quantum

    Zambia concluded audits of mining companies that prompted the nation to slap Canadian miner First Quantum Minerals with a tax bill of over 76.5 billion Zambian kwacha ($8 billion), its revenue authority said on Monday. First Quantum, which owns two copper mines in Zambia, said in March that Zambia's tax agency had demanded the taxes, saying they were on import duties, penalties and interest on consumables and spare parts. There are dozens of mining companies operating in Zambia, mainly extracting copper.

  • Are There Any Bullish Triggers for Copper Prices?
    Market Realist17 days ago

    Are There Any Bullish Triggers for Copper Prices?

    So far, copper prices have been subdued in 2018. Copper has seen a sharp rally since 1Q16. Copper has been struggling to hold the $7,000 per metric ton price level this year. Ample supplies, highlighted by low treatment and refining charges and rising inventories, have been bearish drivers for copper prices. Trade friction between the US and China hasn’t helped copper’s cause either. Copper miners including Freeport-McMoRan (FCX) and Antofagasta (ANTO) have also followed copper lower. ...

  • Reuters18 days ago

    Explainer - Glencore's Congo mining conundrum

    LONDON/DAKAR (Reuters) - Miner and commodities trader Glencore (GLEN.L) is embroiled in a legal tangle over its copper and cobalt operations in Democratic Republic of Congo, where conflict and changes to regulations have deterred many mining firms. U.S. sanctions on Glencore's former Israeli partner in Congo have been a trigger for litigation. At the same time, relations with the Congolese authorities are under strain from a dispute with the government over a new mining code.

  • Reuters18 days ago

    EXPLAINER-Glencore's Congo mining conundrum

    LONDON/DAKAR, May 3 (Reuters) - Miner and commodities trader Glencore is embroiled in a legal tangle over its copper and cobalt operations in Democratic Republic of Congo, where conflict and changes to regulations have deterred many mining firms. U.S. sanctions on Glencore's former Israeli partner in Congo have been a trigger for litigation. At the same time, relations with the Congolese authorities are under strain from a dispute with the government over a new mining code.

  • Thomson Reuters StreetEvents19 days ago

    Edited Transcript of FM.TO earnings conference call or presentation 27-Apr-18 1:00pm GMT

    Q1 2018 First Quantum Minerals Ltd Earnings Call

  • Associated Press24 days ago

    First Quantum Minerals: 1Q Earnings Snapshot

    The Vancouver, British Columbia-based company said it had net income of 7 cents per share. Earnings, adjusted for non-recurring costs, came to 25 cents per share. The metal and minerals mining company ...

  • Should Freeport’s Lower Guidance Concern Investors?
    Market Realist26 days ago

    Should Freeport’s Lower Guidance Concern Investors?

    During its 1Q18 earnings call, Freeport-McMoRan (FCX) provided its revised operating guidance. Freeport expects to start its Grasberg underground operations towards the end of 2018. What would lower shipments mean for Freeport’s earnings?

  • Reuters26 days ago

    CANADA STOCKS-TSX edges lower as materials weigh

    Canada's main stock index edged lower on Wednesday, as worries over rising U.S. yields weighed on materials stocks. * At 9:47 a.m. ET , the Toronto Stock Exchange's S&P/TSX Composite Index fell 16.22 points, ...

  • Should You Buy First Quantum Minerals Ltd (TSE:FM) Now?
    Simply Wall St.last month

    Should You Buy First Quantum Minerals Ltd (TSE:FM) Now?

    Today we’re going to take a look at the well-established First Quantum Minerals Ltd (TSX:FM). The company’s stock saw a double-digit share price rise of over 10% in the pastRead More...

  • How Wall Street Sees Freeport-McMoRan this Earnings Season
    Market Realistlast month

    How Wall Street Sees Freeport-McMoRan this Earnings Season

    Previously in this series, we’ve looked at Freeport-McMoRan’s (FCX) 1Q18 earnings estimates and the key updates that markets might watch for on the company’s earnings call. In this final article of our series, we’ll see how analysts are rating Freeport ahead of its 1Q18 earnings release. Freeport has received a “strong buy” rating from one analyst while six analysts have a “buy” rating on the stock. Thirteen analysts have rated Freeport a “hold” or some equivalent, while the remaining three analysts polled by Thomson Reuters on April 17 rate the stock a “sell.” Freeport has received a mean consensus price target of $20.57, which represents 12.4% upside over April 17 closing prices.

  • Freeport-McMoRan’s 1Q18 Earnings: The Word on Wall Street
    Market Realistlast month

    Freeport-McMoRan’s 1Q18 Earnings: The Word on Wall Street

    Freeport-McMoRan (FCX), the leading US-based copper miner, is slated to release its 1Q18 earnings on April 24. Teck Resources (TECK) is also expected to release its quarterly earnings on the same day, followed by First Quantum Minerals’ (FM) earnings release on April 26. Since it’s quarterly earnings season, diversified miners including BHP Billiton (BHP) will likely only release their operational data, as these companies only release their half-yearly and annual financial results.

  • Why Copper Miners Have Been Resilient This Year
    Market Realistlast month

    Why Copper Miners Have Been Resilient This Year

    Pure-play copper miners Freeport-McMoRan (FCX) and First Quantum Minerals (FM) had fallen 5.7% and 1.9%, respectively, this year as of April 6. What does this divergence between copper and miner stock prices tell us? In the case of copper miners such as Antofagasta (ANTO), earnings are sensitive to changes in copper prices.

  • What’s Been Affecting Freeport-McMoRan in 2018
    Market Realistlast month

    What’s Been Affecting Freeport-McMoRan in 2018

    Freeport-McMoRan (FCX), the leading US-based copper miner, had fallen 5.7% in 2018 as of April 6. Other copper miners saw selling pressure as well. Antofagasta (ANTO) had fallen 8.9%, while First Quantum Minerals (FM) had fallen 1.9%. However, Southern Copper (SCCO) had risen 15.3%. The company, like Turquoise Hill Resources (TRQ), is a pure-play copper miner.

  • Analysts Weigh In on First Quantum amid Large Zambian Tax Demand
    Market Realist2 months ago

    Analysts Weigh In on First Quantum amid Large Zambian Tax Demand

    How Analysts View Copper Miners amid Sagging Commodity Prices

  • What’s Making Analysts Bearish on Southern Copper?
    Market Realist2 months ago

    What’s Making Analysts Bearish on Southern Copper?

    How Analysts View Copper Miners amid Sagging Commodity Prices

  • Has Copper’s Bullish Thesis Been Threatened?
    Market Realist2 months ago

    Has Copper’s Bullish Thesis Been Threatened?

    As we discussed earlier, copper rose sharply in December 2017. Among other factors, a wave of labor negotiations has lent support to copper’s bullish thesis. Notably, labor contracts at several leading copper mines, including BHP Billiton–operated (BHP) Escondida, are coming up for negotiation this year.

  • How Analysts View Copper Miners amid Sagging Commodity Prices
    Market Realist2 months ago

    How Analysts View Copper Miners amid Sagging Commodity Prices

    How Analysts View Copper Miners amid Sagging Commodity PricesAnalysts

  • Reuters2 months ago

    CANADA STOCKS-TSX ends at six-week low as gold, energy weigh

    Canada's main stock index closed at a six-week low on Wednesday as a retreat in gold and oil prices weighed on mining and energy companies, though a rebound in Hudson Bay shares helped curb declines. * ...

  • Moody's2 months ago

    First Quantum Minerals Ltd -- Moody's affirms FQM's B3 corporate family rating; outlook changed to negative

    Moody's Investors Service has today affirmed the B3 corporate family rating (CFR), the B3-PD probability of default rating (PDR) and the B3 senior unsecured rating of First Quantum Minerals Ltd (FQM). ...

  • When Will First Quantum Minerals Ltd (TSE:FM) Turn A Profit?
    Simply Wall St.2 months ago

    When Will First Quantum Minerals Ltd (TSE:FM) Turn A Profit?

    First Quantum Minerals Ltd’s (TSX:FM): First Quantum Minerals Ltd. engages in the exploration, development, and production of mineral properties. On 31 December 2017, the CA$12.86B market-cap posted a loss ofRead More...