First Quantum Minerals (FM.TO)
Materials · TSX · Canada
Fundamentals
Valuation and ratings
First Quantum Minerals trades at C$37.39, which is 28% above the C$26.81 our discounted cash flow model puts on the business. On that measure it screens as expensive, which is not the same as saying it will fall.
Our moat model scores it 37 out of 100, which is little in the way of a moat. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.
About First Quantum Minerals
First Quantum Minerals Ltd., together with its subsidiaries, engages in the exploration, development, and production of mineral properties. It primarily explores for copper, gold, nickel, silver, and zinc products. Its flagship project is the 100% owned Kansanshi project located in the northwestern Province of Zambia. The company was formerly known as First Quantum Ventures Ltd. and changed its name to First Quantum Minerals Ltd. in July 1996. The company was incorporated in 1983 and is based in Vancouver, Canada.
FM.TO passes 1 of our 30 screens today
Each screen prints the exact criteria it used, and the circumstances in which it is wrong.
Common questions
Is First Quantum Minerals (FM.TO) undervalued?
Against our discounted cash flow estimate of C$26.81, FM.TO at C$37.39 is 28% above fair value. That is one model's answer, not a recommendation, and most of a DCF's output sits in a terminal value nobody can forecast.
The full research page for FM.TO, with financial statements, ownership detail, peer comparison and alerts, is free inside the app.
Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.