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

First Quantum Minerals Ltd opened trading today at $16.73 and closed at $15.98. Intraday prices ranged from a low of $15.62 to a high of $16.73.

The price dipped -5.44 percent from the previous day's close of $16.90.

During the day across North America, the TSX Composite closed -1.68% at 22723.21, the S&P 500 closed 1.58% at 5522.30, the Dow Jones Industrial Average closed 0.24% at 40842.79 and the Nasdaq Composite closed 2.64% at 17599.40.

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

Trading volume was 2,103,268 on 9,303 total trades. On average, First Quantum Minerals Ltd has traded 2,087,582 shares over the last 5-days and 2,937,122 year-to-date.

The TSX market on the whole today saw 907 price advancers against 4,327 declines and 72 unchanged.

During the prior 52 weeks, FM.TO has traded as high as $37.61 (August 04,2023) and low as $9.31 (December 13,2023). Moreover, the shares have shrunken -58.33 percent in the last 52 weeks, while in 2024, they have boosted 47.28%.

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 $14.10 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 has an average recommendation of "Moderate Buy" based on 19.00 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..