First Quantum Minerals (FM1N) Stock Price & Analysis

FM1N Stock Chart & Stats

MX$230.00MX$0.00(0.00%)

At close: Nov 02

No data to display

Day’s Range: MXN 230.00 - MXN 230.00
52-Week Range: MXN 227.73 - MXN 230.00
Previous Close: MXN 230.00
Volume: 0
Average Volume (3M): 0
Market Cap: MXN 361.07B
Enterprise Value: MXN 41.52B
Total Cash (Recent Filing): MXN 796.00M
Total Debt (Recent Filing): MXN 6.11B
Price to Earnings (P/E): 115.8
Beta: 0.00
Next Earnings: Feb 16, 2027 (Est.)
EPS Estimate: 3.74
Next Dividend Ex-Date: N/A
Dividend Yield: N/A

Bulls Say, Bears Say

Bulls Say

Operating Recovery

The sharp revenue and EBITDA improvement shows stronger operating earnings and better benefit from copper exposure. If production remains resilient, this recovery can improve internal funding capacity, support debt reduction, and strengthen the company’s ability to advance long-life mining assets.

Balance-sheet Improvement

Lower net debt and improved leverage provide greater financial resilience for a capital-intensive miner. A stronger balance sheet can reduce pressure on future cash allocation, improve capacity to fund sustaining investment, and create more flexibility as operating conditions change.

Cobre Panama Operating Runway

A substantial stockpile gives Cobre Panama a multi-quarter processing runway while the company works through restart and regulatory steps. Continued output from existing ore could preserve asset utilization, generate operating cash, and maintain strategic value even before full mine access is resolved.

Bears Say

Negative Free Cash Flow

Negative free cash flow means operating cash generation is currently insufficient after capital investment, reducing near-term financial flexibility. This can increase reliance on balance-sheet resources, limit discretionary spending, and make it harder to fund growth while maintaining debt-reduction goals.

Earnings Volatility And Thin Margin

The recently positive result remains modest relative to the company’s large operating base, while the history of sharp profit swings shows high sensitivity to the mining cycle. This volatility can make cash planning, debt reduction, and sustained shareholder returns less dependable across periods.

Cobre Panama Framework Uncertainty

Cobre Panama’s longer-term contribution remains dependent on unresolved government negotiations and regulatory requirements. Unclear legal, environmental, territorial, and commercial terms can delay a full restart, limit expected production recovery, and keep capital-allocation decisions constrained over the coming quarters.

First Quantum Minerals News

First Quantum Minerals price target lowered to C$44 from C$47 at JPMorgan

JPMorgan analyst Patrick Jones lowered the firm’s price target on First Quantum Minerals (FQVLF) to C$44 from C$47 and keeps a Neutral rating on the shares. Published first on TheFly

1d agoIZ1 FQVLF

First Quantum Minerals price target lowered to C$42 from C$44 at Barclays

Barclays lowered the firm’s price target on First Quantum Minerals (FQVLF) to C$42 from C$44 and keeps an Overweight rating on the shares. Published first on TheFly – the ultimate

1d agoIZ1 FQVLF

First Quantum Minerals price target lowered to C$52 from C$53 at Scotiabank

Scotiabank analyst Orest Wowkodaw lowered the firm’s price target on First Quantum Minerals (FQVLF) to C$52 from C$53 and keeps an Outperform rating on the shares. Published first on TheFly

4d agoIZ1 FQVLF

First Quantum Minerals Earnings Call Highlights Copper Upswing

First Quantum Minerals (OTC) (($TSE:FM)) has held its Q3 earnings call. Read on for the main highlights of the call. First Quantum Minerals’ latest earnings call struck an optimistic tone,

5d agoIZ1 FQVLF

First Quantum Posts Strong Q3 2026 Results as Cobre Panamá Recommissioning Advances

First Quantum Minerals ( ($TSE:FM) ) has provided an announcement. First Quantum Minerals reported a sharp improvement in third-quarter 2026 financial performance, driven by higher copper production, stronger realized metals

6d agoIZ1 FQVLF

First Quantum Minerals price target lowered to C$44 from C$46 at Barclays

Barclays lowered the firm’s price target on First Quantum Minerals (FQVLF) to C$44 from C$46 and keeps an Overweight rating on the shares. The firm adjusted targets in the metals

2w agoIZ1 FQVLF

Copper One Resources Signs Agreement to Acquire Labrador Properties, Advances Redonda Drilling

Pune, India, October 14th, 2026, FinanceWire This is a paid advertisement Copper One Resources Corp. (CSE:CEXY) announced on October 7, 2026, that it had entered into an agreement to acquire

2w agoHBM TGB

First Quantum Opens Door to New Cobre Panamá Pact After Government Report

The latest announcement is out from First Quantum Minerals ( ($TSE:FM) ). First Quantum Minerals says it will engage constructively with the Government of Panama after a ministerial commission submitted

1M agoIZ1 FQVLF

Franco-Nevada notes partner First Quantum provided update on Cobre Panama

Franco-Nevada (FNV) noted that its partner, First Quantum Minerals (FQVLF), has provided an update in respect of the submission of the report by the Panamanian Ministerial Commission in relation to

1M agoFNV 3FO

First Quantum submits Cobre Panama audit report to Panama government

First Quantum Minerals (FQVLF) noted the submission of the studies, analysis and comprehensive audit report of Cobre Panama and its recommendations by the Ministerial Commission to the President of Panama.

1M agoIZ1 FQVLF

Panama recommends closure of First Quantum Cobre Panama mine, Reuters reports

A study commissioned by Panama’s government has recommended the “orderly closure” of First Quantum Minerals (FQVLF)’ Cobre Panama mine, the country’s economy minister said on Wednesday, according to Reuters’ Elida

1M agoFCX IZ1

First Quantum Sets Date for Third-Quarter 2026 Results Amid Operational Shifts

First Quantum Minerals ( ($TSE:FM) ) has shared an announcement. First Quantum Minerals Ltd. will release its third quarter 2026 financial and operating results after the close of the Toronto

1M agoIZ1 FQVLF

First Quantum Minerals price target lowered to C$41 from C$44 at CIBC

CIBC lowered the firm’s price target on First Quantum Minerals (FQVLF) to C$41 from C$44 and keeps a Neutral rating on the shares. Published first on TheFly – the ultimate

3M agoIZ1 FQVLF

First Quantum Minerals price target lowered to C$53 from C$55 at Scotiabank

Scotiabank lowered the firm’s price target on First Quantum Minerals (FQVLF) to C$53 from C$55 and keeps an Outperform rating on the shares. Published first on TheFly – the ultimate

3M agoIZ1 FQVLF

FM1N FAQ

What was First Quantum Minerals’s price range in the past 12 months?

First Quantum Minerals lowest stock price was Mex$227.73 and its highest was Mex$230.00 in the past 12 months.

What is First Quantum Minerals’s market cap?

First Quantum Minerals’s market cap is Mex$361.07B.

When is First Quantum Minerals’s upcoming earnings report date?

First Quantum Minerals’s next earnings report is estimated for Feb 16, 2027 (not yet confirmed), which is in 104 days.

How were First Quantum Minerals’s earnings last quarter?

First Quantum Minerals released its earnings results on Oct 28, 2026. The company reported Mex$5.45 earnings per share for the quarter, beating the consensus estimate of Mex$3.345 by Mex$2.105.

Is First Quantum Minerals overvalued?

According to Wall Street analysts First Quantum Minerals’s price is currently Undervalued.

Does First Quantum Minerals pay dividends?

First Quantum Minerals does not currently pay dividends.

What is First Quantum Minerals’s EPS estimate?

First Quantum Minerals’s EPS estimate is 3.74.

How many shares outstanding does First Quantum Minerals have?

First Quantum Minerals has 834,206,100 shares outstanding.

What happened to First Quantum Minerals’s price movement after its last earnings report?

First Quantum Minerals reported an EPS of Mex$5.45 in its last earnings report, beating expectations of Mex$3.345. Following the earnings report the stock price went same 0%.

Which hedge fund is a major shareholder of First Quantum Minerals?

Currently, no hedge funds are holding shares in MX:FM1N

What is the TipRanks Smart Score and how is it calculated?

Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

First Quantum Minerals Stock Smart Score

Neutral

Learn more about TipRanks Smart Score

Top Smart Score Stocks >

Company Description

First Quantum Minerals

First Quantum Minerals Ltd., through its associated companies, specializes in the exploration, development, and extraction of mineral resources. Its core business involves seeking out and mining a range of ores, including copper, nickel, pyrite, gold, silver, and zinc, alongside the manufacture of acid. The company maintains active mining operations across seven countries: Zambia, Panama, Finland, Turkey, Spain, Australia, and Mauritania, and is also advancing a significant development project within Zambia. Beyond its current operations, First Quantum is actively exploring the Taca Taca copper-gold-molybdenum prospect in Argentina and assessing the Haquira copper deposit in Peru. Established in 1983, the company was formerly recognized as First Quantum Ventures Ltd. until it adopted its present name, First Quantum Minerals Ltd., in July 1996. Its corporate headquarters are located in Toronto, Canada.

First Quantum Minerals (FM1N) Earnings & Revenues

Historic Earnings Reports

FM1N Company Deck

FM1N Earnings Call

Q3 2026

0:00 / 0:00

Earnings Call SentimentPositive

The call was broadly positive, supported by record copper prices, a 37% increase in revenue, EBITDA of $844 million, higher quarterly copper production, progress at Cobre Panama, balance sheet improvement and increased nickel and Guelb Moghrein gold guidance. However, the company also reported lower or revised production guidance in several areas, higher cost guidance from fuel and currency pressures, operational delays at Kansanshi and ongoing legal, commercial and timing uncertainty surrounding a full Cobre Panama restart. Overall, the positive financial and operational developments significantly outweighed the stated challenges.

View all MX:FM1N earnings summaries

FM1N Stock 12 Month Forecast

Average Price Target

MXN 685.10▲(197.87% Upside)

Past 12 Months12 Month ForecastFeb2026Nov2026

HighMXN 955.95

AverageMXN 685.10

LowMXN 557.64

Detailed Analyst Forecast >

Technical Analysis

Overall Consensus

Indicator	Bullish	Bearish
Overall Consensus	12	2
Technical Analysis	2	0
Moving Averages	10	2

Technical Analysis >

Ownership Overview

0.09% Insiders
30.04% Mutual Funds
56.56% Public Companies and Individual Investors

Detailed Ownership Overview >

Popular Stocks

Popular Stocks
Company	Price & Change	Follow
NVDANvidia
AAPLApple
MSFTMicrosoft

FM1N Stock Chart & Stats

Bulls Say, Bears Say

Bulls Say

Operating Recovery

Balance-sheet Improvement

Cobre Panama Operating Runway

Bears Say

Negative Free Cash Flow

Earnings Volatility And Thin Margin

Cobre Panama Framework Uncertainty

First Quantum Minerals News

First Quantum Minerals price target lowered to C$44 from C$47 at JPMorgan

First Quantum Minerals price target lowered to C$42 from C$44 at Barclays

First Quantum Minerals price target lowered to C$52 from C$53 at Scotiabank

First Quantum Minerals Earnings Call Highlights Copper Upswing

First Quantum Posts Strong Q3 2026 Results as Cobre Panamá Recommissioning Advances

First Quantum Minerals price target lowered to C$44 from C$46 at Barclays

Copper One Resources Signs Agreement to Acquire Labrador Properties, Advances Redonda Drilling

First Quantum Opens Door to New Cobre Panamá Pact After Government Report

Franco-Nevada notes partner First Quantum provided update on Cobre Panama

First Quantum submits Cobre Panama audit report to Panama government

Panama recommends closure of First Quantum Cobre Panama mine, Reuters reports

First Quantum Sets Date for Third-Quarter 2026 Results Amid Operational Shifts

First Quantum Minerals price target lowered to C$41 from C$44 at CIBC

First Quantum Minerals price target lowered to C$53 from C$55 at Scotiabank

FM1N FAQ

First Quantum Minerals Stock Smart Score

Company Description

First Quantum Minerals

First Quantum Minerals (FM1N) Earnings & Revenues

FM1N Company Deck

FM1N Earnings Call

Earnings Call Sentiment|Positive

FM1N Stock 12 Month Forecast

Average Price Target

Technical Analysis

Overall Consensus

Ownership Overview

Popular Stocks

Become an Expert with TipRanks Premium

Earnings Call SentimentPositive