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

First Quantum Minerals Ltd opened trading today at $16.40 and closed at $16.00. Intraday prices ranged from $15.99 to $16.50.

The price decreased -3.26 percent from the previous day's close of $16.54.

During the day across North America, the TSX Composite closed 0.20% at 22824.67, the S&P 500 closed 0.08% at 5463.54, the Dow Jones Industrial Average closed -0.12% at 40539.93 and the Nasdaq Composite closed 0.07% at 17370.20.

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

A total of 2,011,620 shares was traded during the last trading day, with total trades of 7,466. On average, First Quantum Minerals Ltd has traded 1,937,005 shares in the last five days and 2,942,714 year-to-date.

The TSX market on the whole today saw 2,584 price advancers against 2,644 declines and 86 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 -57.94 percent in the last 12 months, while they have soared 47.47% this year.

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 $13.80 billion on a float of 834,050 shares outstanding. Its annual EPS is $-1.88.

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

Currently, First Quantum Minerals Ltd's consensus rating is "Moderate Buy" based on 19 analysts according to Zacks. Currently, there are 6 buy ratings and 13 hold ratings for the stock.

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..