First Quantum Minerals (OTCMKTS:FQVLF) Shares Gap Down – Time to Sell?

Posted by on Jun 3rd, 2026

Shares of First Quantum Minerals Ltd. (OTCMKTS:FQVLF – Get Free Report) gapped down prior to trading on Wednesday . The stock had previously closed at $33.3150, but opened at $31.50. First Quantum Minerals shares last traded at $32.9210, with a volume of 13,785 shares trading hands.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the company. Deutsche Bank Aktiengesellschaft raised First Quantum Minerals from a “hold” rating to a “buy” rating in a report on Wednesday. Scotiabank restated an “outperform” rating on shares of First Quantum Minerals in a research report on Wednesday, May 13th. TD Securities reaffirmed a “hold” rating on shares of First Quantum Minerals in a report on Thursday, February 12th. UBS Group raised shares of First Quantum Minerals from a “hold” rating to a “strong-buy” rating in a research note on Thursday, March 12th. Finally, Morgan Stanley raised First Quantum Minerals from an “overweight” rating to an “overweight” rating in a research report on Monday, May 18th. Two analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy”.

View Our Latest Analysis on First Quantum Minerals

First Quantum Minerals Price Performance

The stock has a market capitalization of $27.31 billion, a P/E ratio of -130.94 and a beta of 1.33. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.42 and a quick ratio of 0.86. The stock’s fifty day moving average is $26.03 and its 200-day moving average is $26.01.

First Quantum Minerals (OTCMKTS:FQVLF – Get Free Report) last issued its quarterly earnings data on Tuesday, April 28th. The basic materials company reported ($0.18) earnings per share for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.22). First Quantum Minerals had a negative return on equity of 1.21% and a negative net margin of 3.69%.The firm had revenue of $1.40 billion during the quarter, compared to analyst estimates of $1.36 billion. On average, equities analysts anticipate that First Quantum Minerals Ltd. will post 0.32 earnings per share for the current year.

First Quantum Minerals Company Profile

(Get Free Report)

First Quantum Minerals Ltd. is a Canada-based mining company principally engaged in the exploration, development, production and marketing of copper and other mineral commodities. Headquartered in Vancouver, British Columbia, the company develops and operates large-scale open-pit and underground mines and associated processing facilities. Its activities span the full value chain from exploration and feasibility studies through to mining, milling and the sale of concentrates and refined metals to global customers.

Copper is the company’s primary product, produced alongside by-products such as gold, nickel, zinc and cobalt depending on the orebody.

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