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First Quantum Minerals TSX:FM Stock Report

Last Price

CA$19.00

Market Cap

CA$15.7b

7D

9.1%

1Y

71.9%

Updated

26 Dec, 2024

Data

Company Financials +

First Quantum Minerals Ltd.

TSX:FM Stock Report

Market Cap: CA$15.7b

FM Stock Overview

Engages in the exploration, development, and production of mineral properties. More details

FM fundamental analysis
Snowflake Score
Valuation5/6
Future Growth6/6
Past Performance0/6
Financial Health2/6
Dividends0/6

Rewards

Trading at 84% below our estimate of its fair value

Earnings are forecast to grow 72.9% per year

Trading at good value compared to peers and industry

Risk Analysis

Interest payments are not well covered by earnings

Significant insider selling over the past 3 months

Shareholders have been diluted in the past year


My Notes

Capture your thoughts, links and company narrative

First Quantum Minerals Ltd. Competitors

Lundin Mining

TSX:LUN

CA$9.6b

Capstone Copper

TSX:CS

CA$6.9b

Ero Copper

TSX:ERO

CA$2.0b

Taseko Mines

TSX:TKO

CA$864.8m

Price History & Performance

Summary of share price highs, lows and changes for First Quantum Minerals
Historical stock prices
Current Share PriceCA$19.00
52 Week HighCA$21.45
52 Week LowCA$10.67
Beta1.7
1 Month Change1.66%
3 Month Change0.26%
1 Year Change71.95%
3 Year Change-36.92%
5 Year Change43.07%
Change since IPO3,066.67%

Recent News & Updates

Recent updates

Shareholder Returns

FMCA Metals and MiningCA Market
7D9.1%-1.6%-0.7%
1Y71.9%17.8%16.3%

Return vs Industry: FM exceeded the Canadian Metals and Mining industry which returned 17.8% over the past year.

Return vs Market: FM exceeded the Canadian Market which returned 16.3% over the past year.

Price Volatility

Is FM's price volatile compared to industry and market?
FM volatility
FM Average Weekly Movement6.4%
Metals and Mining Industry Average Movement10.1%
Market Average Movement8.1%
10% most volatile stocks in CA Market17.4%
10% least volatile stocks in CA Market2.9%

Stable Share Price: FM has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: FM's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/an/aAnthony Pascallwww.first-quantum.com

First Quantum Minerals Ltd., together with its subsidiaries, engages in the exploration, development, and production of mineral properties. It primarily explores for copper, nickel, pyrite, silver, gold, and zinc ores, as well as produces acid. The company has operating mines located in Zambia, Panama, Finland, Turkey, Spain, Australia, and Mauritania, as well as a development project in Zambia.

First Quantum Minerals Ltd. Fundamentals Summary

How do First Quantum Minerals's earnings and revenue compare to its market cap?
FM fundamental statistics
Market capCA$15.72b
Earnings (TTM)-CA$2.22b
Revenue (TTM)CA$6.84b

2.3x

P/S Ratio

-7.1x

P/E Ratio

Is FM overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FM income statement (TTM)
RevenueUS$4.76b
Cost of RevenueUS$3.73b
Gross ProfitUS$1.03b
Other ExpensesUS$2.58b
Earnings-US$1.54b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-1.87
Gross Margin21.66%
Net Profit Margin-32.41%
Debt/Equity Ratio67.3%

How did FM perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/26 01:35
End of Day Share Price 2024/12/24 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

First Quantum Minerals Ltd. is covered by 49 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Harriet LiAccountability Research Corporation
Izak RossouwBarclays
Izak RossouwBarclays