First Quantum Minerals (OTCMKTS:FQVLF) Stock Price Down 9.9% – Time to Sell?

Posted by Francis Steltz on Jun 8th, 2026

First Quantum Minerals Ltd. (OTCMKTS:FQVLF – Get Free Report)’s stock price traded down 9.9% during trading on Monday . The stock traded as low as $29.16 and last traded at $29.63. 2,358 shares changed hands during trading, a decline of 99% from the average session volume of 355,462 shares. The stock had previously closed at $32.8920.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on the stock. UBS Group upgraded shares of First Quantum Minerals from a “hold” rating to a “strong-buy” rating in a research report on Thursday, March 12th. Morgan Stanley upgraded shares of First Quantum Minerals from an “overweight” rating to an “overweight” rating in a research report on Monday, May 18th. Deutsche Bank Aktiengesellschaft upgraded shares of First Quantum Minerals from a “hold” rating to a “buy” rating in a research report on Wednesday, June 3rd. Scotiabank reiterated an “outperform” rating on shares of First Quantum Minerals in a research report on Wednesday, May 13th. Finally, TD Securities reissued a “hold” rating on shares of First Quantum Minerals in a research note on Thursday, February 12th. Two research analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, First Quantum Minerals currently has an average rating of “Moderate Buy”.

View Our Latest Research Report on FQVLF

First Quantum Minerals Stock Up 2.3%

The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.86 and a current ratio of 1.42. The company has a market capitalization of $24.56 billion, a P/E ratio of -117.76 and a beta of 1.33. The firm’s fifty day moving average is $26.78 and its 200-day moving average is $26.31.

First Quantum Minerals (OTCMKTS:FQVLF – Get Free Report) last posted its earnings results 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). The business had revenue of $1.40 billion for the quarter, compared to the consensus estimate of $1.36 billion. First Quantum Minerals had a negative return on equity of 1.21% and a negative net margin of 3.69%. As a group, equities research analysts predict that First Quantum Minerals Ltd. will post 0.32 EPS 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.