First Quantum Minerals (FM.TO) Stock Price

First Quantum Minerals Price

TSX·CLOSED
27.01
​
Market closed

Over the last 19 years First Quantum Minerals grew revenue by 7.7% annually, reaching 5.24 B USD. Earnings per share have declined at 29.7% per year over the last 18 years. For First Quantum Minerals, the net margin of -0.5% is down versus 11.5% a few years ago. At today's price the dividend yield works out to roughly 0.78%. The dividend has grown at 6.5% per year over the past 17 years. The consensus 12-month price target for First Quantum Minerals is 28.62 USD, about 6.0% above where the stock trades today. Of 31 analysts, 20 rate the stock a buy — an overall Buy consensus.

First Quantum Minerals stock price

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First Quantum Minerals business model & stock analysis

First Quantum Minerals Ltd is a mining company based in Canada, which has been active since 1996. The company invests in the exploration, development, and operation of copper, nickel, gold, cobalt, and platinum mines worldwide. With a portfolio of ten mines and seven development projects, the company operates in six countries, including Zambia, Mauritania, Finland, Australia, Panama, and Peru. The history of First Quantum Minerals began in Canada when the company was founded by Philip Pascall in 1996. In the same year, the company acquired 80% of the shares in the Bwana Mkubwa mine in Zambia. The company quickly developed a methodology for successfully reducing operating costs, ultimately leading to strong business growth. In 2000, the company acquired shares in a second copper-nickel mining project in Zambia, the Kansanshi Mine project, which began operation in 2005. Since this acquisition, First Quantum has become one of the top copper producers in the world. First Quantum Minerals' business model is based on the company's goal of achieving sustainable return on investment for its shareholders through maximum efficiency and minimal operating costs. The core strategies used to fulfill this goal are stringent cost control, increasing production, and reducing risks. The company is divided into different divisions, with each division responsible for a specific mining area. The divisions include copper, nickel, gold, cobalt, platinum, and development. The copper division is the largest and contributes half of the revenue. The copper division is responsible for the production of copper concentrate and copper cathodes. The company owns one of the largest copper properties in the world and operates ten mines, including the Kansanshi Mine project and the Sentinel mining project in Zambia, as well as the Cobre Panama mining project in Central America. The nickel division specializes in the production of nickel concentrate and non-ferrous metals. The company owns the Ravensthorpe Mine in Australia, which has one of the largest nickel deposits globally. In the gold division, the focus is on the production and exploration of gold, silver, and other precious metals. The company operates the Guelb Moghrein Mine in Mauritania. The cobalt division produces and sells cobalt concentrate, an important ingredient for batteries in electric vehicles and other industrial applications. The company operates the Kansanshi Mine in Zambia, which also produces cobalt. The platinum division is responsible for the exploration and operation of platinum mines. The company operates the Äyritunturi mining project in Finland. The development division is responsible for the exploration of new deposits, the repositioning and development of existing properties, and the guidance of new projects from discovery to production start through the exploration of new geographic regions. In addition to mine production and operation, First Quantum Minerals also offers logistics and transportation services to support its own business and the business of other mining companies. Overall, First Quantum Minerals has a strong business model built on maximizing returns and minimizing operating costs through effective and efficient management, strategic growth, and targeted diversification. The company is a global leader in copper and nickel production and is also dedicated to the exploration and development of new deposits for the extraction of other metals and precious metals.

Frequently asked questions about First Quantum Minerals

The main competitors of First Quantum Minerals Ltd in the market include companies like BHP Group, Rio Tinto Group, Glencore Plc, and Anglo American Plc. These global mining giants also operate in the base metals sector and engage in similar activities like mining, exploration, and production of copper, gold, and other minerals. Despite competition, First Quantum Minerals Ltd has positioned itself as a leading player in the mining industry, delivering consistent growth, technological innovation, and sustainable development initiatives.

First Quantum Minerals Ltd is a global mining company that focuses on exploring, developing, and operating mineral properties. Its business model revolves around acquiring and developing large-scale mining projects to produce copper, gold, nickel, and other minerals. The company utilizes advanced technology and efficient operations to maintain a strong competitive position in the industry. First Quantum Minerals Ltd aims to maximize shareholder value by responsibly and sustainably extracting and processing minerals, while also actively pursuing growth opportunities and maintaining strong relationships with local communities and stakeholders.

First Quantum Minerals Ltd is primarily active in the mining industry. With a focus on base metals and precious metals, the company explores, develops, mines, and processes these resources. Its geographical diversification enables operations in several countries, including Zambia, Mauritania, Australia, Panama, and Peru. First Quantum Minerals Ltd's portfolio consists of copper, gold, nickel, zinc, and other commodities. By leveraging its expertise and advanced technologies, the company aims to sustainably extract and produce these metals to meet the global demands of various industries, such as construction, electronics, automotive, and manufacturing.

First Quantum Minerals Ltd is a global mining company founded in 1996 by Philip Pascall. With its headquarters in Vancouver, Canada, the company engages in the exploration, development, and production of copper, gold, nickel, and zinc minerals. First Quantum Minerals has established itself as a prominent player in the mining industry, operating mines and projects in several countries including Zambia, Mauritania, Finland, and Australia. The company's growth has been fueled by strategic acquisitions and successful development of its existing assets. First Quantum Minerals is committed to responsible and sustainable mining practices, prioritizing safety, environmental stewardship, and community engagement.

First Quantum Minerals Ltd has achieved several significant milestones in its history. The company successfully acquired the Kansanshi mine in Zambia, which has become one of the largest copper-gold mines in Africa. Another remarkable milestone was the development and commissioning of the Sentinel mine in Zambia, which is one of the largest mine developments in recent years. First Quantum Minerals Ltd also expanded its global presence by acquiring Inmet Mining Corporation, gaining control of the renowned Cobre Panama mine. These achievements demonstrate the company's strong leadership and commitment to growth, positioning it as a prominent player in the mining industry.

First Quantum Minerals Ltd is primarily present in several countries and regions worldwide. The company has significant operations in Zambia, where it operates the Kansanshi mine and smelter complex. In addition, First Quantum Minerals holds key assets in Finland (Pyhäsalmi mine), Turkey (Çayeli mine), and Spain (Las Cruces mine). The company also has exploration and development projects in various regions like Australia, Latin America, Central Europe, and the United States. With a diverse geographic footprint, First Quantum Minerals Ltd strategically operates in multiple countries and regions, contributing to its global presence and growth.

First Quantum Minerals Ltd represents values of responsible mining, innovation, and sustainability. The company's corporate philosophy emphasizes operational excellence, community engagement, and environmental stewardship. As an industry leader, First Quantum Minerals is committed to delivering superior returns to its shareholders while ensuring the safety and well-being of its employees. The company promotes a culture of transparency, integrity, and ethical conduct in all aspects of its operations. With a focus on long-term growth, First Quantum Minerals strives to contribute positively to the communities it operates in and minimize its environmental footprint through efficient resource management.

Analysts currently set an average price target of 29.10 USD for the First Quantum Minerals stock (median: 28.62 USD), implying +7.7 % versus the latest price. The consensus is based on 31 analyst ratings.

31 analysts currently rate the First Quantum Minerals stock: 20 recommend buying, 11 holding and 0 selling. For 2026, analysts expect First Quantum Minerals to generate revenue of 6.75 B USD and earnings per share of 0.25 USD.

Converted at the current exchange rate, the First Quantum Minerals share trades at 24.10 EUR (27.01 USD).

The First Quantum Minerals share (FM.TO) is listed on 7 stock exchanges, including: London (0P6E.L), Toronto (FM.TO), Frankfurt (IZ1.F), München (IZ1.MU), Düsseldorf (IZ1.DU).

First Quantum Minerals Ltd is a Canadian company specializing in the production and exploration of copper, nickel, and other natural resources. The company has been operating in the market since the 1990s and has become one of the leading providers in this field. First Quantum Minerals' activities extend across multiple continents, including Africa, Europe, and South America. The company operates in three main business areas: mining operations, investment projects, and exploration team. In the mining operations, the company focuses on the production of copper concentrate, copper cathodes, and copper metal, as well as the extraction of nickel and gold. The main production facilities of First Quantum Minerals are located in Spain, Zambia, and Mauritania, which together generate a significant portion of the company's revenue. First Quantum Minerals' investment projects consist of several joint ventures and partially-owned initiatives aimed at further developing and diversifying the company's strategic business sectors. These projects include the development of brass and aluminum rails, the development of solar and wind energy plants, as well as the construction of infrastructure such as ports and transportation routes. The exploration team of First Quantum Minerals works to discover new deposits and mineral resources. They follow an effective approach that aims to utilize scientifically-based methods and modern technologies to minimize the risk of misinvestments and secure the company's long-term future. The overall business model of First Quantum Minerals focuses on extracting and selling natural resources and minerals in a highly specialized manner, enabling international market access. The company distinguishes itself through its technical expertise, efficiency, and profitability. Furthermore, the company strategically invests in diversifying its business model to achieve long-term value creation. In summary, First Quantum Minerals can be described as a dynamic and versatile company in the natural resource industry. The company is committed to acting economically and environmentally sustainably. First Quantum Minerals continuously works to reduce greenhouse gas emissions and improve energy efficiency. Additionally, the company promotes local communities and job creation, contributing to economic growth in the countries where it operates. Conclusion: First Quantum Minerals is a diversified company in the natural resource industry that relies on high expertise and cutting-edge technology. Through targeted diversification of its business model and sustainable practices, the company aims for long-term growth.

The expected revenue of First Quantum Minerals is 6.75 B USD. This figure is based on current financial data and reflects the company's business performance.

The expected profit of First Quantum Minerals is 205.86 M USD. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of First Quantum Minerals is currently 109.34. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the First Quantum Minerals stock.

The price-to-sales ratio (P/S) of First Quantum Minerals is currently 3.33. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the First Quantum Minerals stock.

The Eulerpool Quality Score for First Quantum Minerals is 2/10.

The ISIN of First Quantum Minerals is CA3359341052. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The WKN of First Quantum Minerals is 904604. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.

The ticker of First Quantum Minerals is FM.TO. The ticker symbol is used to trade First Quantum Minerals shares on the stock exchange.

Fair ValueTerminal
28.63 USD
Over-/UndervaluationTerminal
Fairly valued
Industry
Metals & Mining
Number of shares
Employees
Revenue per Employee
198,755.17 USD
Revenue growth Ø5 years
EBIT growth Ø5 years
Net Income growth Ø5 years
Country
Currency
USD
Initial public offering
Feb 1, 2010
ISIN
CA3359341052
Sedol
2347608
Market capitalization
22.48 B USDLarge Cap
52-Week Range
PEG
-11.68
P/E ratio
P/Ee 2026
109.20
P/Ee 2027
13.72
P/Ee 2028
8.52
P/Ee 2029
9.56
P/Ee 2030
7.97
P/S
P/Se
3.33
EV/EBIT
27.90
P/B Ratio
2.01
ROE (Return on Equity)
ROA (Return on Assets)
ROCE (Return on Capital Employed)
ROIC (Return on Invested Capital)
-0.16 %
Dividend
Dividend yield
0.00 %
Est. Dividend Yield
0.93 %
Payout Ratio
3.83 %
Dividend growth Ø5Y
83.84 %
Dividend payments per year
2
Dividend paid since
0 years
Dividend not reduced since
0 years
Dividend increased since
0 years
Dividend withholding tax
25.00 %
Last updated Oct 9, 2026, 5:44 AM

First Quantum Minerals Ticker

DÜSSELDORF · IZ1.DUFRANKFURT · IZ1.FLONDON · 0P6E.LMUNICH · IZ1.MUOTC · FQVLFOTC · FQVLFTSX · FM.TO

First Quantum Minerals FIGI

FQVLF:US · BBG000BTNRW3FQVLF:PQ · BBG000BTNZT9FQVLF:UV · BBG000BTP0M1FM:CN · BBG000BX7818FM:CT · BBG000BX78V5FM:CJ · BBG000BX7C55FM:TR · BBG000BX7DX2FM:TX · BBG000BX7FC0FM:TA · BBG000BX7FJ3FM:TG · BBG000BX7GH3FM:TK · BBG000BX7GT00P6E:LN · BBG000CMRNB5