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

Automated Summaries - The Globe and Mail - Wed Aug 7, 4:01PM CDT

Today during trading, First Quantum Minerals Ltd shares closed at $14.50 after opening the day at $15.04. prices ranged from $14.41 to $15.23.

The price shrank -2.88% from the previous day's close of $14.93.

During the day across North America, the TSX Composite closed -0.45% at 21880.95, the S&P 500 closed -0.77% at 5199.50, the Dow Jones Industrial Average closed -0.60% at 38763.45 and the Nasdaq Composite closed 1.03% at 16366.85.

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

Trading volume was 1,367,209 on 5,729 total trades, while having an average volume of 2,241,581 in the last five days.

Trading across the entire TSX saw 1,858 price advancers against 3,319 declines and 108 unchanged.

During the prior 52 weeks, FM.TO has traded as high as $37.23 (September 01,2023) and low as $9.31 (December 13,2023). Moreover, in the last 52 weeks, First Quantum Minerals Ltd's shares have reduced -60.88 percent, while in 2024, they have raised 33.64%.

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 $12.45 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.

Based on 19.00 analysts, First Quantum Minerals Ltd gets an average recommendation of "Moderate Buy" 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..