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

Today in trading, First Quantum Minerals Ltd shares closed at $15.48 after opening the day at $15.60. prices ranged from a low of $15.21 to a high of $15.96.

Share prices decreased -3.13% from the previous day's close of $15.98.

During the day across North America, the TSX Composite closed -2.18% at 22227.63, the S&P 500 closed -1.84% at 5346.56, the Dow Jones Industrial Average closed -1.51% at 39737.26 and the Nasdaq Composite closed -2.43% at 16776.16.

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

A total of 2,607,147 shares was traded during the session, with total trades of 13,129, while having an average volume of 2,319,145 over the last 5-days.

The TSX overall saw 432 price advancers against 4,843 declines and 43 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 -57.54% in 52 weeks, while they have raised 42.67% 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 $12.91 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. 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..