First Quantum Minerals (OTCMKTS:FQVLF) Shares Gap Up – Here’s What Happened

Posted by Stanley Muller on Aug 26th, 2026

First Quantum Minerals Ltd. (OTCMKTS:FQVLF – Get Free Report)’s stock price gapped up prior to trading on Monday . The stock had previously closed at $33.36, but opened at $35.00. First Quantum Minerals shares last traded at $32.98, with a volume of 5,938 shares trading hands.

Wall Street Analyst Weigh In

FQVLF has been the subject of a number of recent analyst reports. Citigroup reaffirmed a “positive” rating on shares of First Quantum Minerals in a research note on Wednesday, July 15th. Morgan Stanley restated an “overweight” rating on shares of First Quantum Minerals in a report on Wednesday, July 8th. Scotiabank reissued an “outperform” rating on shares of First Quantum Minerals in a research report on Monday, June 15th. Barclays reissued an “overweight” rating on shares of First Quantum Minerals in a research report on Wednesday, July 15th. Finally, TD Securities raised First Quantum Minerals from a “hold” rating to a “buy” rating in a research note on Tuesday, July 14th. Two investment analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, First Quantum Minerals has an average rating of “Buy”.

Get Our Latest Analysis on First Quantum Minerals

First Quantum Minerals Trading Up 2.1%

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 stock has a market cap of $29.35 billion, a price-to-earnings ratio of -319.82 and a beta of 1.36. The company’s 50 day simple moving average is $28.91 and its two-hundred day simple moving average is $27.51.

First Quantum Minerals (OTCMKTS:FQVLF – Get Free Report) last issued its earnings results on Tuesday, July 28th. The basic materials company reported ($0.13) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.07) by ($0.06). First Quantum Minerals had a negative net margin of 1.44% and a negative return on equity of 2.28%. The company had revenue of $1.52 billion for the quarter, compared to analyst estimates of $1.40 billion. Research analysts expect that First Quantum Minerals Ltd. will post 0.29 EPS for the current fiscal year.

About First Quantum Minerals

(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.