Closing Bell: First Quantum Minerals Ltd up on Wednesday (FM)

Today in trading, First Quantum Minerals Ltd shares closed at $16.90 after opening the day at $16.50. prices ranged from $16.10 to $16.90.

The price advanced 5.62% from the previous day's close of $16.00.

During the day across North America, the TSX Composite closed 1.25% at 23110.81, the S&P 500 closed -0.50% at 5436.44, the Dow Jones Industrial Average closed 0.50% at 40743.33 and the Nasdaq Composite closed -1.28% at 17147.42.

First Quantum Minerals Ltd traded under FM on the Toronto Stock Exchange (TSX).

Trading volume was 2,946,900 on 12,591 total trades, while having an average volume of 2,159,792 over the last 5-days.

Trading across the entire TSX saw 3,418 price advancers against 1,773 declines and 138 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 plummeted -55.57% in the last 12 months, while they have soared 55.76% since the start of 2024.

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 $13.34 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..