TSX

First Quantum Minerals Ltd.

FM.TO•Basic Materials•Copper
Current Price
$33.41
Today's Change
-1.99%
Market Cap
$28.44B
Volume
525.68K
🔶

Commodity Exposure

Copper

Current Price
$6.43/lb
-1.76% today
💡

Industry Context

Copper miners benefit from infrastructure demand. Price cycles typically last 5-7 years.

Price updated: Oct 22, 2026, 03:00 PM

💡 Quick Take

First Quantum Minerals Ltd. is engaged in the exploration, development, and production of mineral properties, primarily focusing on copper and nickel. The company shows strengths in liquidity with a current ratio of 1.90 and a solid EBITDA margin of 41.9%. However, concerns arise from low profitability metrics, including a net margin of only 8.9% and a return on equity of 1.2%. Despite decent margins, the overall financial health score of 53/100 suggests room for improvement, indicating potential challenges in sustaining growth and profitability.

Based on 27 data points⚠️Not financial advice

📊 Key Metrics

52 Week High$49.27
52 Week Low$27.06
Avg Volume2.57M
Beta2.06
Shares Outstanding834.21M

🔥 Valuation

Market Cap$28.44B
Enterprise Value$36.94B
P/E Ratio-147.19
EV/EBITDA ⚠️12.38x
Dividend Yield0.00%

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🚩 Red Flags

🟠

High Debt Load

Debt of $6.2B is 7.9x the company's cash position of $779.0M.

🟡

Margin Pressure

Gross profit margin decreased from 31.2% to 23.5% compared to last year.

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Turned Unprofitable

Company went from $202.0M profit to $-120.0M loss compared to last year.

🌟 Opportunities

💪

Strong revenue growth of 16.1% YoY indicates solid business momentum.

🚀

Excellent operating cash flow margin of 29.7% indicates high-quality earnings.

💪

Strong free cash flow margin of 29.7% provides substantial resources for dividends, buybacks, or reinvestment.

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