Closing Bell: First Quantum Minerals Ltd down on Thursday (FM)

First Quantum Minerals Ltd opened trading today at $16.49 and closed at $16.68. It traded at a low of $15.98 to a high of $16.90.

Share prices eased -0.48% from the previous day's close of $16.76.

Today across North America, the TSX Composite closed -0.14% at 22608.03, the S&P 500 closed -2.31% at 5427.13, the Dow Jones Industrial Average closed -1.25% at 39853.87 and the Nasdaq Composite closed -3.64% at 17342.41.

First Quantum Minerals Ltd has listed on the Toronto Stock Exchange (TSX) under the ticker FM.

A total of 2,464,315 shares was traded during the session, with total trades of 11,953. On average, First Quantum Minerals Ltd has traded 1,808,450 shares over 5 days and 2,966,619 year-to-date.

Trading across the entire TSX saw 3,490 price advancers against 1,736 declines and 92 unchanged.

During the prior 52 weeks, FM.TO has traded as high as $39.13 (July 31,2023) and low as $9.31 (December 13,2023). Moreover, the shares have shrunken -53.82% in 52 weeks, while in 2024, they have advanced 53.73%.

It announced a 0.08 dividend on July 25/23, with an August 25/23 ex-date and September 19/23 pay day.

Following today's trading, First Quantum Minerals Ltd has a market capitalization of $13.98 billion on a float of 834,050 shares outstanding. Its annual EPS is $-1.70.

First Quantum Minerals Ltd is a TSX Copper company headquartered in Toronto, CAN.

Currently, First Quantum Minerals Ltd has an average recommendation of "Moderate Buy" based on 19.00 analysts according to Zacks. From those 19 analysts, 6 have buy ratings and 13 analysts gave hold ratings.

AI at The Globe and Mail
This report is produced using automated technology that summarizes market data into articles for our readers. Ongoing project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day Closing Summary reports for all North American securities..