First Quantum Minerals stock | Growth outlook for 2026 & price target

First Quantum Minera...

TSX:FM

C$ 31,33

+ C$0,47 (1,52%)

31,33 C$

+C$0,47 (1,52%)

End-of-day quote: 03/27/2026

First Quantum Minerals Stock Value

The current analyst rating for TSX:FM is Outperform.

Outperform

First Quantum Minerals Company Info

EPS Growth 5Y

16,12%

Market Cap

C$25,56 B

Long-Term Debt

C$8,84 B

Short Interest

3,27%

Annual earnings

N/A

Dividend

C$0,00

Dividend Yield

0,00%

Founded

Data Unavailable

Industry

Materials

Country

Canada

ISIN Number

CA3359341052

Website

http://www.first-quantum.com

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

C$44,14

40.89%

Last Update: 03/27/2026

Analysts: 22

Highest Price Target C$51,79

Average Price Target C$44,14

Lowest Price Target C$28,47

In the last five quarters, First Quantum Minerals’s Price Target has risen from C$12,04 to C$25,49 - a 111,71% increase. Fourteen analysts predict that First Quantum Minerals’s share price will increase in the coming year, reaching C$44,14. This would represent an increase of 40,89%.

Top growth stocks in the materials sector (5Y.)

What does First Quantum Minerals do?

First Quantum Minerals Ltd., together with its subsidiaries, engages in the exploration, development, and production of mineral properties. Business Strategy The company employs a comprehensive business strategy aimed at securing its position as a leading player in the global mining sector, prioritizing operational efficiency and sustainability in resource extraction. Additionally, the company focuses on innovation, advanced technology, and sustainable practices to differentiate itself in a co...

First Quantum Minerals Ltd., together with its subsidiaries, engages in the exploration, development, and production of mineral properties.

Business Strategy

The company employs a comprehensive business strategy aimed at securing its position as a leading player in the global mining sector, prioritizing operational efficiency and sustainability in resource extraction. Additionally, the company focuses on innovation, advanced technology, and sustainable practices to differentiate itself in a competitive landscape. Central to its strategy is the commitment to explore and develop new projects, enhancing growth prospects through an expanded resource base. The company actively pursues acquisitions and collaborations in regions with untapped mineral potential. Investment in state-of-the-art mining and processing technologies is pivotal, enhancing production efficiencies and reducing environmental impacts. Further, the company emphasizes strong relationships with local communities, governments, and stakeholders, ensuring its operations contribute positively to local economies while upholding high environmental and social standards, thereby enhancing its reputation, and fostering a stable operational environment.

Products and Services

The company primarily produces copper, with gold, silver, and nickel as notable by-products. Additionally, the company has established itself as a reliable supplier of high-quality copper cathodes and concentrates, serving a diverse range of customers across various industries, including construction, electronics, automotive, and renewable energy. The copper produced is critical for numerous applications due to its excellent electrical and thermal conductivity, with high-purity copper being particularly sought after for use in wiring, plumbing, roofing, and industrial machinery.

The company’s portfolio includes significant gold production, extracted as a by-product during the copper mining process. Additionally, the company employs advanced processing techniques to maximize gold recovery, offering this valuable resource to its customers. Furthermore, silver and nickel are produced at various sites, adding diversity to its product offerings. The company’s commitment to quality and efficiency ensures that its nickel production meets industry standards while upholding sustainability commitments, reinforcing its position in the market.

Geographical Markets Served

The company operates in several key geographic regions, primarily focusing on Africa and the Americas. The Kansanshi and Sentinel mines in Zambia are flagship operations that significantly contribute to the company's production capacity, benefiting from a strong mining infrastructure and skilled workforce. The Cobre Panama mine represents a substantial investment in Latin America, strategically positioned to become a leading copper producer. Additionally, the company has interests in Mauritania with the Guelb Moghrein mine and is engaged in ongoing explorations in other countries, enhancing its geographical footprint. This diverse international presence helps mitigate risks associated with geopolitical factors and fluctuations in market conditions.

Recent Acquisitions

The company recently, has made considerable investments in the Cobre Panama project, aimed at enhancing infrastructure and increasing production capacity. This move signifies the company's strategy of focusing on long-term growth projects that promise significant returns on investment.

Seasonality

The company operations are influenced by various seasonal factors, particularly pertaining to weather conditions that can affect mining activities. Seasonal rainfall in regions where the company operates, such as Zambia, can lead to operational disruptions, impacting the efficiency of mining and processing. However, the company employs robust planning and operational strategies to mitigate the impacts of seasonality. Continuous monitoring of geological conditions and weather patterns allows the company to adapt and respond effectively, ensuring production targets are met or exceeded, regardless of seasonal challenges.

Customers

The company serves a diverse range of customers across several industries, including construction, manufacturing, and high-tech applications. Additionally, the company’s customer base spans various geographical regions, ensuring a broad market reach. Further, the company products are utilized by numerous manufacturers that rely on high-purity copper for electrical applications, as well as industries that require gold and other by-products. The company’s commitment to quality and efficient delivery positions it favorably in the competitive mining landscape.

Sales and Marketing Channels

The company employs a multi-faceted approach to sales and marketing. Additionally, the company utilizes direct sales to various industries, engages with brokers, and establishes long-term contracts with strategic partners to ensure consistent demand for its products. Further, the company’s marketing efforts focus on building strong relationships with customers, emphasizing its commitment to quality, sustainability, and innovation in mining practices. By fostering collaborations and partnerships, the company enhances its market presence and customer loyalty.

History

The company was formerly known as First Quantum Ventures Ltd. and changed its name to First Quantum Minerals Ltd. in July 1996.

First Quantum Minerals Questions and Answers

Which sectors generate sales and which are the top 3 markets?

**Revenue distribution by industry:** - Copper: approx. 80% - Nickel: approx. 10% - Gold and other metals: approx. 10% **TOP 3 markets and their percentage shares:** - China: approx. 40% - Europe: approx. 25% - North America: approx. 20% First Quantum Minerals Ltd. generates the majority of its re...

At which locations are the company’s products manufactured?

**Production sites of First Quantum Minerals Ltd.:** 1. **Kansanshi Mine, Zambia** 2. **Sentinel Mine, Zambia** 3. **Cobre Panama, Panama** 4. **Ravensthorpe Nickel Operation, Australia** 5. **Guelb Moghrein, Mauritania** First Quantum Minerals Ltd. is a globally operating mining company that prim...

What strategy does First Quantum Minerals pursue for future growth?

**Strategy for Future Growth:** 1. **Expansion of Production Capacities:** First Quantum Minerals Ltd. plans to expand production capacities in existing mines, especially in the Cobre Panama Mine, which is considered one of the largest copper mines in the world. 2. **Portfolio Diversification:*...

Which raw materials are imported and from which countries?

**Commodities/Materials:** Copper, Nickel, Gold **Main importing countries:** - **Chile:** Copper - **Indonesia:** Nickel - **Peru:** Copper - **Australia:** Nickel First Quantum Minerals Ltd. is a significant player in the mining industry, focusing mainly on the production of copper, nickel, and...

How strong is the company’s competitive advantage?

**Market share in the copper sector:** 4.5% (2024, estimate) **Production capacity:** 830,000 tons of copper per year (2024) **Cost structure:** $1.20 per pound of copper (2024, estimate) First Quantum Minerals Ltd. has established itself as one of the leading copper producers worldwide. The co...

What is the share of institutional investors and insider buying/selling?

**Institutional Investor Share:** 60% (estimated, 2025) **Insider Buys/Sells:** No significant transactions in the last quarter (2025) The institutional investor share in First Quantum Minerals Ltd. is approximately 60%. This indicates that a majority of the shares are held by large institutional...

What percentage market share does First Quantum Minerals have?

**Market share of First Quantum Minerals Ltd.:** Estimate: approx. 5% (2025) **Top competitors and their market shares:** 1. BHP Group: approx. 15% 2. Rio Tinto: approx. 13% 3. Glencore: approx. 12% 4. Vale S.A.: approx. 10% 5. Anglo American: approx. 8% 6. Freeport-McMoRan: approx. 7% 7. First Qua...

Is First Quantum Minerals stock currently a good investment?

**Revenue Growth:** 8.5% (2024) **Profit Growth:** 10.2% (2024) **Copper Production:** 816,000 tons (2024) First Quantum Minerals Ltd. recorded solid revenue growth of 8.5% in 2024, attributed to stable demand for copper and other metals. The company also managed to increase its profit growth to 10...

Does First Quantum Minerals pay a dividend – and how reliable is the payout?

**Dividend yield:** 1.5% (estimated for 2025) **Dividend history:** Irregular payouts in recent years First Quantum Minerals Ltd. has pursued an irregular dividend policy in the past. The company is heavily dependent on fluctuations in commodity prices, especially copper, which affects its abilit...

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First Quantum Minerals Stock Value

First Quantum Minerals Company Info

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the materials sector (5Y.)

What does First Quantum Minerals do?

First Quantum Minerals Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

New support ticket

Explore

First Quantum Minerals Stock Value

First Quantum Minerals Company Info

Analyst Price Target The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the materials sector (5Y.)

What does First Quantum Minerals do?

First Quantum Minerals Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.